decrypt.co
Trump Media Abandons Crypto Treasury, Prediction Market Ventures
Trump Media has ended plans for a Crypto.com-backed CRO treasury company and abandoned a broader digital asset deal and scaled back prediction market plans.
Prediction Markets
Stories tagged “Prediction Markets.”
30 stories
coindesk.com
How a five-second trick let traders drain millions from Polymarket
Polymarket is replacing single-price snapshots with time-weighted average prices for its short-dated crypto markets after research and trader complaints highlighted widespread settlement manipulation.
cnbc.com
Polymarket seeks fundraising round at more than $20 billion valuation
Polymarket, a prediction market platform, is in talks for a fundraising round that would value the company at north of $20 billion. The company's annualized revenue is well above $1 billion, following the launch of its regulated U.S. exchange in May.
cnbc.com
Kalshi strikes partnership with compliance tech firm to help companies police insider trading
Kalshi, a prediction market platform, has partnered with Comply, a compliance technology company, to extend its regulatory software to include prediction markets beyond digital assets and traditional securities.
theguardian.com
My son has cancer. Kalshi wants you to be able to bet on his medical future
Joshua Pederson's son is part of a clinical trial for a novel cancer treatment. Kalshi, a prediction market, plans to allow betting on clinical trial results and regulatory decisions, which Pederson finds enraging.
coindesk.com
The future of crypto payments won't include on-ramps or bridges, Fun CEO says
Fun CEO Alex Fine said standalone crypto on-ramps and bridges will eventually disappear as platforms adopt unified payment infrastructure.
cointelegraph.com
Onchain, In Court: What Happened In Crypto Legal News This Week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading.
cbsnews.com
New York sues Kalshi, alleging the prediction market enables illegal gambling
New York prosecutors are accusing Kalshi of running an illegal gambling operation, becoming the latest state to file a lawsuit against the prediction market. The complaint seeks to halt Kalshi's operations in New York, force it to pay restitution to consumers who made bet…
cnbc.com
New York sues Kalshi, claims it is 'illegal gambling operation'
New York state sued prediction market platform Kalshi, alleging it is running an 'illegal gambling operation' by not being registered with the New York State Gaming Commission.
coindesk.com
World Cup bets smash records as prediction markets hit $20 billion in volume
The 2026 FIFA World Cup saw $20 billion in prediction market volume, blockchain analysis firm Chainalysis said on Thursday. The figure encompasses activity across nearly 400,000 wallets starting in January 2026.
decrypt.co
Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off
Robinhood posted record Q2 revenues of $1.31 billion, up 32% year-over-year, beating Wall Street's estimate of $1.26 billion. Crypto revenue fell 38% year-over-year to $100 million, while event contracts—prediction market bets on real-world outcomes—surged over 10x to $15…
cointelegraph.com
Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
Binance.US plans to apply for a CFTC license to offer prediction markets services, potentially challenging platforms like Kalshi and Polymarket.
cointelegraph.com
Trump Teleprompter Operator Accused Over Kalshi Bets Leaves Government: AP
Gabriel Perez, a former White House teleprompter operator, is no longer a federal employee after being accused of using inside information to profit from Kalshi prediction market bets.
decrypt.co
OpenAI’s GPT-6 Will Arrive by September, Markets Predict
Prediction market traders put the odds of a public GPT-6 release by September 30 at around 78%. OpenAI has not announced GPT-6 or a release date; its current flagship, GPT-5.6 Sol, launched publicly on July 9.
cointelegraph.com
Clarity Hopes Fade, BitMEX Shuts as Lawsuit Looms: Hodler’s Digest, July 26
The Clarity Act's chances dim despite support from Goldman Sachs, Fidelity, and law enforcement bodies. BitMEX to close as crypto consolidates into five big players.
theguardian.com
Will prediction market ‘catch fire’ in UK, replicating US boom?
Online betting platforms like Polymarket are increasingly popular on both sides of the Atlantic, with UK gamblers easily able to sidestep regulation.
cointelegraph.com
Robinhood in Talks with Crypto.com over Prediction Markets: WSJ
Robinhood is reportedly considering expanding its prediction markets offering with Crypto.com, despite ongoing legal challenges in the US.
cbsnews.com
Kalshi debuts a midterm election hub that relies on real-money bets to forecast race outcomes
Kalshi, a prediction market, has launched a midterm election hub that uses real-money bets to forecast race outcomes. The hub provides real-time forecasts, polling, fundraising statistics, and historical election data.
cnbc.com
Kalshi launches election hub for prediction markets ahead of midterms
Kalshi, a prediction market platform, has launched a central page for viewers to see how speculators believe the midterm elections will play out. The 'Midterms Hub' features a map showing the odds in individual races for both the Senate and House of Representatives.
coindesk.com
Kalshi rolls out Midterm Hubs ahead of the November elections in the U.S.
Kalshi launched a Midterms Hub showing real-time prediction market odds for U.S. Senate and House races ahead of November, as it eyes precious metals perpetuals and a $40B valuation.
cointelegraph.com
CLARITY Act Could Help CFTC Deal with Prediction Markets: Lawyer
A lawyer testifying before a House subcommittee hearing suggests that the CLARITY Act could grant the CFTC the authority it needs to address the "explosive growth of prediction markets."
theatlantic.com
The ‘Hair-Dryer Incident’ Is Just the Start
A mysterious person reportedly tampered with a temperature sensor at a Parisian airport to win a bet on the prediction-market platform Polymarket, raising concerns about outsider trading and manipulation of the physical world.
cointelegraph.com
Will the US Get CLARITY This Week? Bitcoin’s New $80K Target: Hodler’s Digest, July 19
The US Senate is set to vote on the CLARITY Act, which aims to regulate the cryptocurrency industry. However, the bill's fate hangs in the balance due to concerns over President Trump's ethics. Meanwhile, prediction market volumes have hit new highs, and more news.
channelnewsasia.com
Trump suspends teleprompter operator over betting allegations
US President Donald Trump has suspended a teleprompter operator over allegations he placed bets with a prediction market on the content of Trump's speeches.
cointelegraph.com
Base's Social Bet Left It Trailing in Prediction Markets and Perps: Pollak
Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was 'definitively wrong' to bet on social experiences driving crypto adoption.
cointelegraph.com
OpenAI quietly adds Kalshi World Cup odds to ChatGPT: Report
OpenAI has integrated Kalshi's World Cup prediction market odds into ChatGPT search results, allowing users to track match predictions. The move marks OpenAI's first reported deal with a prediction market platform.
cointelegraph.com
Wall Street Banks Restrict Prediction Market Trading over Insider-Risk Fears
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades due to fears of insider trading. The banks are concerned that employees may use nonpublic information to trade event contracts.
cnbc.com
Prediction markets spark insider trading fears. How firms are responding
Companies are updating their policies to protect against insider trading risks tied to prediction markets. Several firms, including Morgan Stanley, have confirmed to CNBC that they either have a policy addressing this risk or are working on one.
cointelegraph.com
Kalshi hits record June trading volume as World Cup fuels prediction markets
Kalshi and Polymarket hit record June trading volumes due to the expanded FIFA World Cup.
cnbc.com
2026 FIFA World Cup Boosts Prediction Market Volumes to Record Highs
Prediction market platforms saw record-breaking trading volumes during the 2026 FIFA World Cup, with Kalshi and Polymarket hitting new highs.