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.
Crypto
Emergence of Prediction Markets as a Speculative Arena for Cryptocurrency Traders
A new report reveals how prediction markets are enabling traders to seek higher returns compared to traditional spot crypto trading amidst growing concerns over potential insider trading activities.
Business
Kalshi Leverages Solana for Tokenized Betting Contracts
Kalshi has initiated the use of Solana blockchain to offer tokenized event contracts, enhancing user anonymity in betting.
Crypto
Betting Markets Favor Coinbase-Linked Hassett for Fed Chair Role
Prediction markets indicate rising chances for Kevin Hassett, associated with Coinbase, as the next Federal Reserve chair amid shifts in policy dynamics.
Finance
Robinhood's Prediction Markets Surge in Popularity
Robinhood has reported a significant rise in its prediction markets since launching in March, trading billions of contracts.
Crypto
DraftKings Collaborates with Polymarket for Prediction Market Operations
DraftKings partners with Polymarket to utilize its platform for clearing trades in the new prediction market space, leveraging recent acquisitions to enhance market presence.
Betting
DraftKings Enlists Polymarket for Prediction Market Clearing
DraftKings has partnered with Polymarket as it prepares to launch a new prediction market, following recent acquisition developments.
Finance
Entering the Mainstream: The Rise of Prediction Markets
Prediction markets are gaining traction, with insights from expert Mike Rychko indicating their potential for mainstream adoption as a decentralized finance tool.
Crypto
Kalshi Secures $300 Million to Expand Global Prediction Market Access
Kalshi has raised significant funding to broaden its prediction market services internationally, with notable restrictions in various countries.
