Blockchain
CFTC Chair Endorses Blockchain Prediction Markets as Essential Tools for Truth
Michael Selig advocates for blockchain-based prediction markets, emphasizing their potential for enhancing transparency and accuracy in public information.
Crypto News
Magic Eden Co-Founder Anticipates a 'Speculation Supercycle' in Crypto
Jack Lu, co-founder of Magic Eden, predicts a surge in the crypto sector driven by prediction markets and betting platforms.
News
Polymarket's Internal Market Maker Initiative: A New Approach to User Engagement
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.
Finance
Kalshi Files Lawsuit Against Iowa Over Potential Regulatory Action
Kalshi takes legal action in Iowa to prevent potential enforcement over its sports event contracts, alleging substantial risk from state regulators.
Crypto News
Creating an Equitable Sports Trading Platform: An Interview with Amit Mahensaria, CEO of PRED
Amit Mahensaria shares insights on PRED's unique approach to sports trading, focused on peer-to-peer transactions and user incentives.
Ecosystem
Vitalik Buterin Advocates for Transformation of Prediction Markets into Hedging Tools
Ethereum's co-founder, Vitalik Buterin, emphasizes the need for prediction markets to evolve from mere betting platforms into effective instruments for mitigating price risk.
Crypto
Polymarket Transitions to Native USDC for Enhanced Trading Efficiency
Polymarket has teamed up with Circle to enhance its prediction market by adopting native USDC, moving away from bridged assets.
News
Coinbase Resists Emergency Measures Against Its Prediction Markets in Nevada
A Nevada judge has denied regulators' emergency move to suspend Coinbase's prediction markets while a legal battle unfolds.
Crypto
HYPE Surges 20% Following Support for Prediction Markets by Hyperliquid Team
HYPE experiences a significant gain as Hyperliquid team backs a proposal to introduce prediction markets on its platform.
News
Nevada Temporarily Halts Polymarket Operations, Challenges CFTC Authority
A temporary restraining order issued by a Nevada judge stops Polymarket from conducting business, questioning the CFTC's exclusive control over event-based contracts.
Finance
Federal Judge Halts Tennessee Regulations Against Kalshi Ahead of Hearing
A federal judge has temporarily restrained Tennessee's enforcement actions against Kalshi, allowing the platform to continue offering contracts until a preliminary injunction hearing.
Economy
New York Proposes New Legislation Against Sports and Political Prediction Markets
New legislation in New York attempts to regulate prediction markets, prohibiting contracts related to sports, political events, and even deaths.
Business
Coinbase Expands Horizons with The Clearing Company Acquisition
Coinbase is set to acquire The Clearing Company as a strategic move to enhance its prediction markets offerings.
Crypto News
Coinbase Takes Legal Action Against Illinois, Michigan, and Connecticut Regarding Prediction Markets
Coinbase has launched lawsuits in Illinois, Michigan, and Connecticut, contesting state regulations on prediction markets as it prepares to partner with Kalshi.
News
Coinbase Follows Kalshi's Legal Strategy, Initiates Lawsuits Against Three States on Prediction Markets
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.
Crypto News
Robinhood's CEO Anticipates Growth in Prediction Markets
The CEO of Robinhood envisions significant expansion for crypto prediction markets as their acceptance continues to rise.
Finance
Bitnomial Secures CFTC Authorization to Introduce Prediction Markets in the U.S.
Bitnomial's recent CFTC approval permits the launch of prediction markets linked to cryptocurrency and economic events, broadening its services.
News
CFTC Grants Flexibility to Prediction Markets on Reporting Requirements
The CFTC has issued no-action letters to certain prediction markets, allowing them to bypass specific data reporting and record-keeping rules.
News
Coinbase to Introduce Prediction Markets and Tokenized Stocks Soon
Coinbase is set to reveal new offerings, including prediction markets and tokenized stocks, during a livestream next week.
Blockchain
Phantom Partners with Kalshi to Introduce Regulated Prediction Markets in Wallet
Phantom launches a feature to enable users to trade tokenized event contracts directly in its wallet, collaborating with Kalshi.
