| Mobile Web

All articles List

Crypto

Polymarket, Kalshi cumulative trading volume tops $150 billion in April

The combined streak of record monthly trading volumes at Polymarket and Kalshi stalled in April, though their cumulative trading volume topped $150 billion, The Block Crypto reported. Prediction-market trading, which had surged since September, slowed for the first time, led by declines on Polymarket’s global platform. Polymarket’s U.S. unit and Kalshi continued to grow. Both companies kept their lead positions, while Kalshi expanded in sports betting amid rising pushback from state regulators.

Crypto

Kalshi tightens blocks on underage trading, rejects calls to raise minimum age to 21

Prediction market platform Kalshi has introduced new measures to block underage trading, including requiring facial recognition at app launch and asking some users to submit selfies, Axios reported. Kalshi Chief Executive Tarek Mansour said underage trading is already banned but additional steps are being implemented. The move comes amid growing concern about youth gambling. Mansour opposes raising the minimum trading age to 21, keeping it at 18.

Mobility

Tesla targets 1 million a year for Optimus humanoid robot, but will demand follow?

Tesla has unveiled plans to convert the Model S and Model X production line at its Fremont plant into a first-generation production line for its humanoid robot Optimus, targeting output of 1 million units a year. It also said it is preparing a second-generation line at its Texas Gigafactory, designed for 10 million units annually in the long term. The plan raises questions about demand, pricing and performance, and when consumer sales will begin.