Overview
- Kalshi said web and app glitches during Saturday’s college football window affected less than half of users and that engineers were working to restore normal service.
- A message sent to users warned of temporary delays and cautioned that balances and positions might not be accurately displayed.
- CNBC reporters encountered a loading screen with a spinning logo for more than 20 minutes before the platform later loaded.
- Users on X reported failed order placement and cancellations during the disruption, with at least one alleging an order was filled despite an attempted cancel.
- The company denied a full outage and said clearing, advanced functionality, and institutional trading were unaffected, a stance that contrasts with widespread user complaints.