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18 articles found
Wintermute is providing liquidity on the two biggest prediction markets, linking flows for both firms, according to a source familiar with the matter.
The Governor of Minnesota signed into law a measure that, starting Aug. 1, makes it a crime to advertise and operate prediction market platforms across the state.
Gemini is leaning into AI features for its prediction market, following other crypto exchanges in moving beyond crypto trading amid a market slump.
Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August.
A prize pool of over $100,000 is available for top traders and makers on prediction markets linked to FIFA World Cup matches.
A Google engineer faces charges for allegedly using confidential company data. He is accused of rigging bets on Polymarket, a prediction platform. These bets were tied to Google's most-searched list. He reportedly made over a million dollars in profits. Authorities are investigating such insider tra
The predictions market operator reportedly explored mandatory user verification requirements, breaking from its policies of allowing traders to access its services using pseudonyms.
XBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live.
Federal oversight gains the president’s backing as states push to bring prediction markets under their own gambling laws.
US President Donald Trump says it is “critically important” that the CFTC has sole authority over prediction markets, and took aim at several state officials.
U.S. President Donald Trump said it was "critically important" that the CFTC keep "exclusive authority" over prediction markets, echoing CFTC Chair Michael Selig.
US states have also tried to regulate Polymarket and Kalshi, but the federal government isn't having any of it.
Hyperliquid launched canonical prediction markets for offchain events, expanding beyond perps as analysts frame it as an onchain superapp.
Originally published on WeeBet on 2026-05-25. Reposted with canonical link. The CFTC has spent the past eighteen months reshaping the prediction market industry not through formal rulemaking but through selective enforcement, strategic non-enforcement, and amicus interventions. With roughly 87% of K
The crypto-aligned Protect Progress PAC reported spending another $750,000 on media for a Democratic candidate over Representative Al Green, whom it described as “actively hostile” to digital assets.
Rhode Island joins other states that have taken similar legal action.
A New York Times investigation found that senior CFTC officials who raised concerns about Polymarket, Crypto.com and Gemini were suspended and pushed out.
