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The post Kalshi Launches KalshiEco to Boost Prediction Market With Solana and Base appeared on BitcoinEthereumNews.com. On Wednesday, Kalshi introduces the KalshiEco hub with the support from Solana and Base to bolster prediction market growth. The initiative would bolster selected builders, traders, and creators with hands-on support, including grant funding, engineering assistance, referral programs, etc.  Kalshi faces legal scrutiny in Massachusetts as the firm is accused of running unlicensed sports betting under the guise of a prediction market. Kalshi, the federally regulated prediction market operator, is expanding its operations into the broader trading and builder community by introducing KalshiEco, a program that the operator is experimenting with to serve developers, traders, and creators trying on-chain and off-chain prediction market projects. The action is happening at a time when the company is under increased legal scrutiny, such as in a recent case in Massachusetts, which alleged that the company was running what state regulators term as an illegal form of sports betting. KalshiEco Ecosystem Growth The KalshiEco program is designed such that it establishes feedback between the builders and audiences. Developers are also encouraged to release new applications; creators, on the other hand, promote those tools to a wider audience, which in turn is likely to draw more attention and further development of the project. This cycle has been positioned by the company as a growth flywheel that is meant to ensure that momentum is maintained within the ecosystem. Among the selected participants, various incentives are being offered as part of the initiative. Among them, there is direct funding in the form of grants, verified badges on the social media X, individual referral programs, and engineering-specific support of projects that need more technical rigor. Other benefits are competitions in trade, branded products, and continuous community self-identification. These resources are being made by the company more as a working aid than as a marketing gift and this is…

Planet Labs (PL) stock surged 10.78% after securing a lucrative ESA-backed satellite imagery contract with Greece through its German subsidiary. The post Planet