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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.
Crypto
Kalshi outpaces rivals as sports boom drives 42-fold growth in a year
Prediction market platform Kalshi has posted a record-high trading volume, riding explosive growth in sports markets and diverging from rival Polymarket. Over the past week, Kalshi processed $3.4 billion in volume, up 42-fold from a year earlier. Sports accounted for $3.0 billion, or 88 percent, led by NBA playoffs markets. Polymarket’s weekly volume was smaller but more balanced, with strength in politics and crypto.
AI & Enterprise
Flipboard unveils \'social website\' for publishers and creators to bring open social web conversations into one place
News app Flipboard has unveiled a “social website” that lets publishers and creators build their own spaces on the web, TechCrunch reported. The product aggregates conversations already taking place across the open social web, including decentralised platforms such as Mastodon and Bluesky, into a single operator-managed hub. Flipboard said users can combine profiles and posts from services including Threads, YouTube, podcasts, blogs and RSS feeds. The websites run on Flipboard’s Surf reader app.
