Kalshi Expands Prediction Markets Beyond Crypto as Visa Acquires AI-Powered Security Firm
Kalshi is expanding its popular 15-minute prediction markets to gold and silver, building on its initial success in cryptocurrency trading. The move aims to eventually offer similar contracts tied to individual stocks.
Visa has announced a $2.4 billion deal to acquire BioCatch, a fraud-reduction platform that uses artificial intelligence. This acquisition is likely to enhance Visa's capabilities in the field of digital security.
The Richmond Fed president, Barkin, stated that it's a 'close call' whether interest rates are high enough, reflecting ongoing debates within the Federal Reserve about monetary policy.