Latest News and Articles about Prediction Markets
CFTC’s Pham Initiates Crypto Roundtables, Eyes Prediction Markets
CFTC Acting Chair Caroline Pham Calls for Roundtable Discussions to Address Crypto Challenges Caroline Pham, the new acting chair of the Commodity Futures Trading Commission (CFTC), is initiating a series of roundtable discussions with crypto industry leaders to tackle regulatory and market structure issues, with a notable focus on prediction markets. Roundtables to address crypto […]
Read MorePolymarket Hits $10B in Bets, Boosts Polygon’s USDC and Transaction Volume
Polymarket Surges Past $10B in Prediction Market Volume, Boosts Polygon’s USDC Usage Polymarket hits $10B in prediction positions Polygon sees surge in daily transactions USDC usage on Polygon boosted Questions arise over POL token’s revival Polymarket, a decentralized prediction market platform, has recently crossed a significant threshold, surpassing $10 billion in total bets. This milestone […]
Read MoreDonald Trump Jr. Joins Kalshi as Advisor, Ushering in Prediction Market Revolution
Donald Trump Jr. Joins Kalshi as Strategic Advisor, Signals New Era for Prediction Markets Donald Trump Jr.’s recent appointment as a strategic advisor to Kalshi marks a significant moment for the prediction market platform, blending traditional finance with decentralized finance (DeFi). Trump Jr. joins Kalshi as strategic advisor. Kalshi wins legal battle against CFTC, allowing […]
Read MorePolymarket’s Wildfire Betting Sparks Ethical Firestorm
Polymarket Under Fire for California Wildfire Betting Markets Polymarket, a blockchain-based prediction platform, has sparked outrage by allowing users to bet on the outcomes of the Palisades wildfire in California. Critics argue betting on natural disasters is not only unethical but potentially dangerous, while Polymarket defends its actions, claiming they provide valuable real-time data. Polymarket’s […]
Read More