The new betting feature will let users “trade contracts for what the upper bound of the target fed funds rate will be in May, as well as the upcoming men’s and women’s College Basketball Tournaments,” it said. The online brokerage is tapping Kalshi, the US’ first CFTC-regulated prediction platform, to operate the event contract platform, it said. Kalshi is already registered to list dozens of event contracts, covering outcomes ranging from election results to Rotten Tomatoes movie ratings.
Robinhood shares up 8% after launching betting markets hubRobinhood has launched a betting markets hub as the online brokerage — best known for stock trading — expands its presence in emergent asset classes, including cryptocurrencies and event contracts, according to a March 17 announcement. Robinhood’s stock, HOOD, rose roughly 8% on the Nasdaq after the announcement, according to data from Google Finance.
Citing sources in the French prosecutor’s office, media outlet TASS reported that the agency’s interlocutor said judicial control in relation to Durov was suspended from March 15 to April 7. Parallely, the Telegram founder posted an update on the messaging application, saying he was already back in Dubai after spending months in France.
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Author / Journalist: Cointelegraph by Cointelegraph
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