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The US-based prediction market Kalshi has made SOL deposits possible. Customers can add funds to their Solana accounts in this way. This follows the addition of support for Bitcoin deposits. Kalshi and Zero Hash have decided to collaborate in order to make the Solana deposits possible. In addition to managing the transaction process and changing the contributions into US dollars, the company is also in charge of guaranteeing security and regulatory compliance. This move to allow SOL deposits is designed to boost activity on the platform, which has been proven to have many crypto users. It is also meant to increase trading volume on crypto-related event contracts. The exchange and prediction market, which is regulated by the CFTC and lets investors trade on how real-life events will turn out, originally only accepted USD Coin (USDC) as a form of crypto deposit. Kalshi Circle’s USDC for bets received up to $25M in deposits during the US election season. In early 2025, Kalshi achieved monthly volumes of around $13M, with a peak of $26M in October 2024. In early April, it added Bitcoin payments made through the Bitcoin network to the list of crypto deposits it accepts. Kalshi has over 50 crypto-specific markets where users can trade contracts based on Bitcoin price thresholds, legislative events, and adoption milestones. For instance, markets for betting on coins’ 2025 highs and lows, as well as on headlines such as US President Donald Trump’s proposed National Bitcoin Reserve. The platform has over 300 markets in 12 main categories. Several strategic relationships have led to the new integration. Kalshi and World App just released a mini app that lets users access regulated prediction markets from the World App interface. Users can also use Worldcoin (WLD) to pay their Kalshi account. This week, Kalshi announced its integration with Elon Musk’s AI company, xAI to offer AI-generated information for betting on events that happen in the real world. Although it was called off , this still shows that the company has plans to expand. Prediction markets, in particular, are starting to disrupt the sector. They’re growing fast in the US, and they’re not regulated the same way as traditional sports betting or online gambling. With both Kalshi and Polymarket, they are currently legal in all 50 states. Polymarket has been doing quite well because it doesn’t charge any fees to trade. Therefore, users can easily buy and sell shares, like betting on and against outcomes. If a user wants to cash out USDC, it costs 1.5%. However, the network fees are very low because it’s based on Polygon. Polymarket announced on March 25 that users can deposit SOL into their wallets. This to some extent has influenced Kalshi, its biggest competitor. In a now-deleted podcast segment, Kalshi CEO admits enlisting influencers to dis Polymarket. On the other hand, Kalshi charges 2% for each account withdrawal. They also charge a 1% trading fee that can’t be more than 10% of net profits and a 10% settlement fee on net wins. The fees differ for each payment method when you deposit or take money. In addition, Polymarket works in a bit of a legal gray area. Its website doesn’t list any official rules. This has made it blocked in several countries. There are some risks when it comes to clear laws and market trickery. For instance, it was accused of fraud after a $7 million market was allegedly manipulated by UMA whales. However, many users are interested in trends like Polymarket’s decentralized, blockchain-based website. This is what Kalshi has become interested in. With Kalshi, users can also use regular money, and the CFTC fully regulates it. This makes it easy to use, especially for more traditional people. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

Elon Musk said on Tuesday he plans to remain Tesla’s chief executive for at least the next five years, except if “I might die,” responding to rumours that he might soon step aside. Musk also claimed, “There are people buying Teslas because Elon is crazy” at an event in Doha at Bloomberg’s Qatar economic forum . The remarks came after weeks of talk about Musk’s future at Tesla. Reports first surfaced in late April suggesting that Tesla’s board had quietly begun looking for a new CEO as early as March. On May 1, The Wall Street Journal and CNN said the board had reached out to several executive search firms to explore potential successors for Musk. They cited worries that he was too distracted, mainly because of his role at the US Department of Government Efficiency, and pointed to Tesla’s weak financial results in the first quarter of 2025. Musk flatly denied those claims, calling the Wall Street Journal report “deliberately false” and “an ethical breach.” Tesla chair Robyn Denholm backed him up, labeling the stories “absolutely false” and expressing full confidence in his leadership. Still, the rumors stirred fresh debate among investors and analysts over whether Musk could stay fully focused on Tesla while juggling other high‐profile projects and government work. In Doha, Musk tried to calm nerves by saying Tesla has “already turned around.” He labeled Europe as the company’s weakest market but said it was showing strength “everywhere else.” He stressed that having “reasonable control” of Tesla was the key to his staying on as CEO. Musk also spoke out against acts of “violence committed against my companies” and threats aimed at him personally, calling them “on the wrong side of history.” Earlier, Musk appeared at the Saudi‐US Investment Forum in Riyadh. There, he discussed humanoid robots, self-driving cars, his artificial intelligence venture xAI, and his vision for a drastically changed global economy. He said he has cut back his involvement in the DOGE initiative in Washington to concentrate on his duties at Tesla. Addressing investors and officials in Riyadh, Musk predicted, “We’re headed to a radically different world.” He forecast “tens of billions of humanoid robots,” describing them as helpers that could boost economic productivity enormously. He explained that “the output of an economy is productivity per capita times population. With humanoid robots, productivity becomes virtually unlimited.” Musk suggested that advances in AI and robotics might one day bring about a “universal high income,” erasing scarcity so that everyone could access any goods or services they wished. On the political front, Musk’s ties to former President Donald Trump have all but vanished . Trump’s inner circle has frozen out the tech billionaire. While Trump mentioned Musk online almost weekly from early February through March, he hasn’t mentioned him at all since April. Musk’s absence from White House briefings and congressional newsletters marks a sharp change. Public polling shows his popularity has fallen sharply, even more than Trump’s among some groups. By late April, most voters said they wanted him out of government before his 130-day contract ends at the end of May, if not sooner. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

Kalshi has hired Donald Trump Jr. as its strategic advisor, and is currently partnering with Musk's xAI.

Bloomberg: Prediction market Kalshi partners with xAI and hires Donald Trump Jr. as strategic advisor Prediction market Kalshi hired Donald Trump Jr. as its strategic advisor. The company is working with Elon Musk's artificial intelligence company xAI to provide customized information to guide website users' bets. In this cooperation, Kalshi will use xAI to integrate historical trend news to provide information support for traders to help them judge the direction of events such as the Federal Reserve's interest rate adjustment or election results. (Bloomberg)

Kalshi and xAI team up to build prediction market platform Prediction market platform Kalshi Inc. announced that it has hired Donald Trump Jr. as a strategic advisor and is working with Musk's artificial intelligence company xAI. Kalshi users can bet on the results of various events by purchasing derivative contracts. In this cooperation, Kalshi will use xAI to integrate historical trend news to provide information support for traders to help them judge the direction of events such as the Federal Reserve's interest rate adjustments or election results. Kalshi CEO Tarek Mansour said that there is a deep fit between prediction markets, social media and artificial intelligence. Prediction markets reflect known information, while artificial intelligence can expand the boundaries of knowledge. (Bloomberg)