Stories tagged “Prediction Markets.”
30 stories
U.S. Representative Don Davis introduced a bill to ban federal candidates from trading on prediction market contracts related to their own elections, proposing fines for violations.
New York Attorney General Letitia James is suing prediction markets platform Polymarket, alleging its event contracts, particularly those related to sporting events, violate state gambling laws.
Decrypt Media has partnered with NEXTPredict NYC as the exclusive Premier Media Partner for its prediction markets summit, featuring DASTAN Co-Founder Farokh Sarmad.
South Korean police have referred 18 Polymarket users to prosecutors in an illegal gambling probe involving 26 individuals and approximately $12.7 million in wagers.
Prediction markets are attracting more professional liquidity, making it harder for traders to exploit inefficiencies.
EU regulator flags crypto ties as risk to financial system, citing tokenized equities and prediction markets.
DoubleZero, a network for high-speed data distribution, has added Kalshi's election and politics market data to its Edge service. This expansion includes Kalshi's election contracts and is aimed at making political market data easier to incorporate into institutional work…
High-profile incidents involving former US representative George Santos and a Google engineer highlight the regulatory challenges and blurry rules within prediction markets, leading to bans and legal accusations.
New Jersey asks US Supreme Court to resolve sports betting jurisdiction over Kalshi platform
Prediction market Kalshi has suspended North Carolina Republican House candidate Laurie Buckhout for three years after she bet on her own election, imposing a penalty of $2,589.96.
Donald Trump Jr.-linked 1789 Capital is reportedly investing $300 million in Polymarket, a blockchain-based prediction market, as part of a $1 billion funding round that values the platform at $21 billion.
Kalshi bans former New York lawmaker George Santos from its prediction market platform for life after he failed to cooperate with an investigation into suspicious trades related to his State of the Union address attendance.
A former White House teleprompter operator, Gabriel Perez, was fined $172,000 by the CFTC for insider trading on prediction markets using advance knowledge of presidential speeches.
US appeals court sides with Nevada in legal fight with Kalshi prediction market platform, rejecting Kalshi's attempt to block state regulation.
The Ninth Circuit Court of Appeals has ruled against prediction market platforms, setting up a potential Supreme Court showdown with state gaming regulators.
A US soldier accused of using nonpublic information to trade event contracts on Polymarket is pushing back against the CFTC's attempts to weigh in on his criminal case.
Gemini and Apex Fintech Solutions have signed a non-binding letter of intent to make Gemini the exclusive venue for crypto event contracts offered by brokerage firms through Apex's Futures Commission Merchant. This would expand Gemini's prediction-market reach to brokerag…
Prediction market traders doubt Treasury Secretary Scott Bessent's efforts to cap rising yields, with 10-year Treasury note yield expected to end 2026 above current levels.
CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara clashed over prediction markets regulation.
Bitcoin traded at $71,556 on Thursday, up 3.26% on the day, as bulls attempt to break the bearish trend for the first time in months. Sentiment across the market has clearly shifted, but traders on prediction markets don’t appear convinced just yet.
Prediction market operator Kalshi has filed with the CFTC to launch perpetual futures contracts tied to copper prices, utilizing Pyth Network for real-time price data.
Prediction market platform Kalshi is seeking regulatory approval for perpetual futures tied to equity indexes, following its recent approvals for crypto and precious metals perps.
Prediction market traders on Kalshi and Polymarket see roughly a 22-23% chance that Paramount Skydance's bid to acquire Warner Bros. Discovery collapses by mid-2027, with 12 state attorneys general now suing to block the deal.
President Trump is expected to attend a White House meeting on Wednesday with the CEOs behind crypto, prediction markets, and AI. The gathering is happening just before the inaugural meeting of the
Data of 54,000 wallet users leaked, CLARITY odds just 10%: Hodler’s Digest Magazine. Owners of Trezor and SafePal crypto wallets at high risk of phishing attempts after separate data leaks.
A Washington state judge has ordered Kalshi to stop offering event contracts in the state. The judge rejected Kalshi's argument that federal commodities law preempts Washington gambling law.
The Commodity Futures Trading Commission is reviewing prediction betting platforms' so-called mention markets, people familiar with the matter confirmed to CNBC. In response, prediction market Kalshi has taken down its sports-related mention exchanges.
JPMorgan Chase reportedly ended its banking relationship with prediction market platform Polymarket in October 2025 due to regulatory concerns, according to the Financial Times.
The City of Baltimore and its mayor, Brendan Scott, filed lawsuits against Kalshi and Polymarket over allegations that the companies violated local gambling laws.
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.