Latest News and Articles about Prediction Markets
Kalshi Lawsuit: Prediction Market Faces Illegal Sports Betting Claims
Kalshi Lawsuit: Prediction Market Accused of Illegal Sports Betting Prediction market platform Kalshi Inc. is embroiled in a fierce legal battle as seven customers have filed a class action lawsuit in a New York court, accusing the company of operating as an unlicensed sports bookmaker while peddling deceptive claims of “legal sports betting.” This case […]
Read MoreRobinhood and Susquehanna Acquire LedgerX to Dominate 2026 Prediction Markets
Robinhood and Susquehanna Snag LedgerX: Prediction Markets Gear Up for a 2026 Explosion Robinhood Markets and Susquehanna Group have teamed up to acquire a 90% stake in LedgerX, a battle-tested crypto derivatives exchange, from Miami International Holdings, who will retain a 10% share. This strategic partnership, with Robinhood at the helm, sets the stage for […]
Read MorePolymarket Wash Trading Scandal: 25% Fake Volume Exposed by Columbia Study
Polymarket’s Trading Volume Tainted by Wash Trading, Columbia Study Exposes Polymarket, a heavyweight in the crypto-based prediction market arena, is under fire after a Columbia University study revealed that nearly 25% of its trading volume over the past three years stems from “artificial” wash trading. This bombshell raises hard questions about trust and integrity in […]
Read MoreICE’s $2 Billion Polymarket Stake: Is a $10 Billion Crypto Valuation on the Horizon?
NYSE Parent ICE Eyes $2 Billion Stake in Polymarket: Could a $10 Billion Valuation Be Next? Can a crypto betting platform really hit a $10 billion valuation with Wall Street’s backing? That’s the high-stakes gamble Intercontinental Exchange (ICE), the powerhouse behind the New York Stock Exchange (NYSE), is making with Polymarket, a blockchain-based prediction market. […]
Read MorePolymarket Returns to U.S. with $112M Deal and CFTC Approval, Faces Kalshi Rivalry
Polymarket Storms Back to the U.S. with $112M Acquisition and Regulatory Nod Polymarket, the decentralized prediction market heavyweight, is making a brazen return to the U.S. market on October 2 after a nearly four-year ban by the Commodity Futures Trading Commission (CFTC). With a $112 million acquisition under its belt and a hard-won regulatory green […]
Read MoreRobinhood Stock Soars with $200M Prediction Market Push: Innovation or Risky Bet?
Robinhood Stock Rockets with $200M Prediction Market Boost: Bold Innovation or Reckless Gamble? Robinhood, the trading platform synonymous with retail investing, has seen its stock soar to new heights, fueled by a $200 million windfall from prediction markets. This surge, alongside ambitious expansions into speculative private investments and crypto trading, paints a picture of a […]
Read MorePolymarket Nears $200M Funding, Eyes $1B Valuation in Blockchain Betting Surge
Polymarket Closes in on $200M Funding, Targets $1B Valuation in Blockchain Prediction Markets Polymarket, a blockchain-driven prediction market platform, is reportedly on the brink of securing a $200 million funding round, a move that would peg its valuation at a staggering $1 billion and cement its status as a unicorn in the crypto space. With […]
Read MoreX and Polymarket Partner to Bring Blockchain Betting Odds to Social Media Feeds
Elon Musk’s X Teams Up with Polymarket to Fuse Onchain Prediction Markets with Social Feeds X, the social media juggernaut under Elon Musk’s command, has struck a groundbreaking deal with Polymarket, a blockchain-powered prediction market, to integrate real-time betting odds directly into its trending feeds. This partnership could redefine how millions perceive crowd sentiment on […]
Read MorePolymarket Hits $1 Billion in May Trading, Dominates Crypto Prediction Markets
Polymarket Smashes $1 Billion Monthly Volume in May, Leading the Charge in Crypto Prediction Markets Polymarket, a titan in the realm of decentralized prediction platforms, has stormed back into the spotlight by surpassing $1 billion in monthly trading volumes in May. This milestone signals not just a comeback for the platform but a growing fascination […]
Read MoreCFTC’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 […]
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