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Congress is stepping into the fast-growing prediction market arena, aiming to draw a hard line between financial contracts and what lawmakers say looks a lot like gambling. Prediction Markets Under…
A cluster of newly created wallets is placing coordinated bets on an early U.S.-Iran ceasefire, igniting fresh debate over whether these prediction markets are reflecting insight or something more calculated.…
Kalshi has raised over $1 billion, increasing its valuation to $22 billion in just three months, signaling strong investor confidence despite regulatory challenges. Hyper-Growth in the ‘ Oracle Economy’ The…
Major League Baseball on Thursday named blockchain-based Polymarket its official prediction market exchange partner while signing a first-of-its-kind integrity agreement with the Commodity Futures Trading Commission (CFTC), positioning the league…
Polymarket is doubling down on its real-time prediction identity with a Washington, D.C., bar launch and a fresh DeFi acquisition, even as scrutiny from U.S. lawmakers intensifies. Polymarket’s D.C. Bar…
Arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling operation and accepted illegal election wagers within the state. Prediction Market Kalshi Charged…
The Argentine justice system has ordered a nationwide block on Polymarket, one of the largest prediction market platforms, after a contract estimating February’s inflation numbers registered a trend reversion 15…
Prediction markets gained attention for their accuracy in forecasting events but now face scrutiny over allegations of insider trading and ethical concerns. Industry leaders like Amit Mahensaria advocate for a…
Prediction markets have a funny habit of saying the quiet part out loud, and right now the betting pits of the internet are whispering, shouting, and occasionally cackling about one…
Kalshi and Polymarket anticipate that the Democratic Party will sweep both the House and the Senate in the midterm elections slated for November. There is a close to 50% chance…