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Finance & Markets

Kalshi faces ‘fake crypto volume’ allegations as critic flags identical $5,500 trades

Kalshi clarified that its inflated headline volume stems from an industry-wide convention tracking maximum potential payouts rather than actual cash spent, emphasizing its public regulatory filings ensure absolute transparency.

Kalshi faces ‘fake crypto volume’ allegations as critic flags identical $5,500 trades

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

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Australian shares edge lower as banks and miners drag

Australian shares inched lower on Monday, led by heavyweight banks and miners, as risk appetite weakened after renewed tensions in the Middle East. The S&P/ASX 200 index ticked 0.3% lower to 8,705.40 by 0018 GMT. The benchmark ended flat on Friday, finishing the week with a 0.1% loss.

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