Latest News and Articles about Prediction Markets
Kalshi Sues Minnesota Over Prediction Markets Ban and Criminal Penalties
Kalshi has sued Minnesota over a new law that would restrict prediction markets and impose criminal penalties on people involved in certain event-based contracts, setting up a blunt fight over who gets to regulate this fast-growing corner of finance. Kalshi vs. Minnesota — federal oversight or state gambling law? Criminal penalties could hit users, businesses, […]
Read MoreTrump Backs Prediction Markets as CFTC, States Clash Over Kalshi and Polymarket
Donald Trump has jumped into the prediction markets fight, backing platforms like Kalshi and Polymarket while Washington and the states claw over who gets to regulate them. Trump backs prediction markets as part of America’s crypto push CFTC vs. state regulators is the core legal battle Kalshi and Polymarket are at the center of the […]
Read MoreOutpoll Brings Trading Tools, USDC Settlement and APIs to Prediction Markets
Outpoll wants to make prediction markets feel less like a gimmick and more like an actual trading venue for real-world events, complete with automation, risk controls, and creator-driven markets. That’s a serious pitch in a sector that still suffers from thin liquidity, trust issues, and more vaporware than it cares to admit. YES/NO contracts on […]
Read MoreKalshi Backs Lobbying Push as Prediction Markets Face Legal Crackdown
Kalshi is turning up the pressure in Washington, backing a new lobbying group as prediction markets face a growing pile-up of legal, political, and regulatory threats. Kalshi backs Americans for Fair Markets Taylor Budowich joins as strategic advisor CFTC oversight is the main goal Congress is probing Kalshi and Polymarket State gambling fights are heating […]
Read MoreHYPE Token Rallies Into Crypto Top 10 as Hyperliquid Buybacks Fuel Demand
Hyperliquid’s HYPE token is still on a tear after breaking into crypto’s top 10 by market cap, but the rally is pausing as traders take profits and the market checks whether the move has real staying power. HYPE entered crypto’s top 10 by market cap Nearly 42% rally from a local low before consolidation 97% […]
Read MoreCFTC Crypto Oversight Faces Heat Over Polymarket, Prediction Markets and Enforcement Pullback
CFTC crypto oversight is under fresh scrutiny after a New York Times report said senior officials who raised concerns about prediction market firms were sidelined, investigated, and pushed out. The dispute reaches Polymarket, Crypto.com, and a Gemini affiliate, while a broader fight over prediction markets, crypto regulation, and federal versus state authority keeps getting messier. […]
Read MoreHyperliquid, Solana and PredictMarkets: Q2 2026 Crypto Forecasts Explained
Hyperliquid, Solana, and PredictMarkets are being framed as three very different crypto forecasts for Q2 2026: one built on trading infrastructure, one on large-cap ecosystem strength, and one on a high-risk presale tied to prediction markets. Hyperliquid — performance-first trading onchain Solana — large-cap strength with real-world use PredictMarkets — speculative presale riding prediction market […]
Read MorePolymarket Exploit Drains $700K, Raising Fears of Market Manipulation
Polymarket got hit by a contract exploit that drained more than $600,000 in crypto, with losses climbing close to $700,000, but the real scare was what could have happened if the attacker had twisted market resolution permissions. Losses: more than $600K drained, nearly $700K total Target: Polymarket’s UMA CTF Adapter on Polygon Main risk: compromised […]
Read MoreCFTC Sues Minnesota Over Prediction Markets Ban in Federal-State Clash
Minnesota has drawn a hard line against prediction markets, and the CFTC is answering with a lawsuit that could decide whether states can treat these markets like gambling or whether federal derivatives law wins the turf war. CFTC sues Minnesota over a new prediction markets ban Law takes effect Aug. 1 unless a court blocks […]
Read MorePolymarket and Nasdaq Private Market Launch Prediction Markets for Private Company Valuations
Polymarket is pushing prediction markets into one of finance’s murkiest corners: private-company valuations, IPO timing, and secondary trading activity. A new exclusive deal with Nasdaq Private Market gives traders a way to bet on unicorn outcomes before those companies ever hit public markets. Exclusive partnership: Polymarket teams up with Nasdaq Private Market New markets: private-company […]
Read MoreKalshi Hits $4B Weekly Volume as Prediction Markets Go Mainstream
Kalshi has crossed $4 billion in weekly trading volume for the first time, a milestone that says a lot about where prediction markets are heading. What used to look like a quirky side bet for nerds, traders, and political junkies is starting to look like a serious market category with real liquidity, real demand, and […]
Read MoreSEC, CFTC, BlackRock Tokenization, and Bitcoin’s Mining Pressure Mount
U.S. regulators are moving closer together on prediction markets just as Wall Street doubles down on tokenization, Bitcoin miners face harsher economics, and stablecoins keep creeping toward the center of global finance. SEC and CFTC coordination could expand enforcement risk for prediction markets BlackRock tokenization pushes Ethereum deeper into TradFi plumbing Bitcoin price action above […]
Read MoreCFTC Moves to Protect Non-Custodial Wallets, Clamps Down on Prediction Markets
The CFTC is moving toward formal protections for some non-custodial crypto wallet developers, with Phantom potentially becoming the template for actual rules instead of a one-off no-action letter. At the same time, the agency is taking a hard line on prediction markets, telling states to back off and let federal law do its job. Phantom-style […]
Read MoreCoinbase Presses CFTC for Clear Prediction Market Rules Amid State Gambling Clash
Coinbase is pressing the CFTC to draw a clean line around prediction markets, arguing the products already belong under federal derivatives law and don’t need Congress to reinvent the wheel. Coinbase filed on April 30 with the CFTC on prediction markets and event-based derivatives No new legislation needed, Coinbase says — the agency already has […]
Read MoreCFTC Prediction Market Clash Pits Kalshi, Polymarket Against State Regulators
The CFTC’s push to formalize prediction market event contracts has triggered a messy but important showdown over who gets to control one of crypto’s most interesting—and most controversial—market ideas. More than 1,500 public comments were filed on the CFTC prediction market rules proposal. Kalshi, Polymarket, and a16z want the CFTC to keep sole federal control. […]
Read MorePolymarket’s Seoul Mayor Market Tops $33.67M as Crypto Bets on Politics Grow
Polymarket’s Seoul mayoral market has surged past $33.67 million in volume, turning South Korean politics into a live crypto price feed and, depending on your politics, either a brutally honest signal or a very expensive mess. Seoul race volume: about $33.67 million, or roughly 46 billion won Market leader: Jung Won-oh near 87% implied odds […]
Read MorePolymarket Seeks U.S. Access to Main Exchange Amid Regulatory Heat
Polymarket is trying to bring its main exchange back into the U.S. market, and this time it wants the real door opened, not the side entrance. Main U.S. access: Polymarket wants direct approval for its core global exchange. Big money, big legitimacy: ICE invested heavily after Polymarket bought a CFTC-licensed exchange and clearinghouse. Regulatory heat: […]
Read MoreCFTC Staff Cuts Raise Alarm as Prediction Markets and Crypto Oversight Weaken
The CFTC is shrinking fast just as prediction markets, crypto-linked trading, and politically loaded wagers are getting harder to police. That is not exactly the kind of timing that inspires confidence. CFTC staffing down 24% since Trump returned to office Experienced enforcement lawyers were hit hardest Prediction markets are expanding as insider-trading concerns rise Lawmakers […]
Read MoreNY Attorney General Sues Coinbase, Gemini Over Prediction Markets as Illegal Gambling
NY Attorney General Slams Coinbase and Gemini with Lawsuit Over Prediction Markets, Alleging Illegal Gambling The New York Attorney General has unleashed a legal bombshell on two titans of the crypto world, Coinbase and Gemini, accusing them of running what amounts to illegal gambling operations under the guise of prediction markets. This lawsuit isn’t just […]
Read MoreNew York AG Sues Coinbase and Gemini Over Prediction Markets Gambling Claims
New York AG Slams Coinbase and Gemini with Lawsuit Over Prediction Markets New York Attorney General Letitia James has unleashed a legal storm on Coinbase Financial Markets and Gemini Titan, subsidiaries of two crypto heavyweights, accusing them of running prediction markets that violate state gambling laws. Filed on a Tuesday in Manhattan state court, this […]
Read MoreCFTC Launches Crypto Task Force Amid Prediction Market Clash with States
CFTC Ramps Up Crypto Oversight with New Task Force Amid Prediction Market Showdown The U.S. Commodity Futures Trading Commission (CFTC) has thrown down the gauntlet in the regulatory arena, launching its Innovation Task Force (ITF) to tackle the unruly frontier of blockchain, AI, and prediction markets. This bold move comes right as a federal court […]
Read MorePrediction Markets Surge to $24B: Financial Revolution or Speculative Bubble?
Prediction Markets: From Crypto Curiosity to Financial Titan Prediction markets, once a quirky experiment in the crypto realm, have surged into a financial powerhouse, clocking nearly $24 billion in monthly trading volume on platforms like Polymarket and Kalshi. This blockchain-based betting phenomenon is reshaping finance, drawing Wall Street giants, media attention, and regulatory heat in […]
Read MoreKalshi’s Court Win Bolsters Prediction Markets in Decentralized Finance Fight
Kalshi’s Legal Victory Signals a New Front in the Fight for Decentralized Finance A landmark ruling from the 3rd U.S. Circuit Court of Appeals in Philadelphia has delivered a major win for Kalshi, a prediction market platform, affirming that its sports-related event contracts are under federal jurisdiction through the Commodity Futures Trading Commission (CFTC) and […]
Read MoreCFTC Sues States Over Prediction Markets: Kalshi, Polymarket in Regulatory Crossfire
CFTC Lawsuit vs. States: Prediction Markets Regulation Battle with Kalshi and Polymarket The US Commodity Futures Trading Commission (CFTC) has fired a legal salvo against Arizona, Connecticut, and Illinois, even naming Illinois Governor J.B. Pritzker in the fray, to assert federal dominance over prediction markets. This clash over platforms like Kalshi and Polymarket isn’t just […]
Read More