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Polymarket is forming an in-house trading team aimed at trading against users while expanding its presence in the U.S. amidst scrutiny regarding similar practices from competitors.
Coinbase aims to establish federal oversight on prediction markets by suing regulators in three states, contending that federal commodities law should apply rather than state gambling statutes.
Kalshi has initiated the use of Solana blockchain to offer tokenized event contracts, enhancing user anonymity in betting.
Kalshi has initiated a lawsuit against the New York State Gaming Commission, alleging the regulator has exceeded its authority in halting the platform's operations.
Kalshi has raised significant funding to broaden its prediction market services internationally, with notable restrictions in various countries.
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