NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balk...
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering all...
Crypto Prediction Markets Set New $2.7B Weekly Volume Record
TLDR: Crypto prediction markets on Kalshi and Polymarket reached a record $2.7 billion in weekly notional volume, largely from sho...
Pentagon Bans Military Personnel From Insider Trading on Polymarket and Kalshi
TLDR: Pentagon bans military and civilian personnel from using nonpublic information to trade on Polymarket and Kalshi. The direct...
Polymarket has reportedly fired its marketing chief, also a close friend of the...
Matthew Modabber was reportedly ousted after an internal probe of several instances of misconduct, according to the New York Post.
DeFi Is Evolving: What Comes After Betting and Prediction Markets?
TLDR: Prediction markets traded $102.4 billion in contracts over 30 days, with about $25.7 billion paid. Stablecoins hold a $302....
October Fed Rate Hike Odds Surge to 43% as U.S. CPI Inflation Hits 3.7%
TLDR: Polymarket’s October rate hike odds rose about 25 percentage points to 43%, while unchanged rates held 57%. U.S. CPI inflati...
NFL joins pushback against prediction markets as U.S. Supreme Court asked to act
In opposition to federal oversight of the prediction markets, the National Football League has sided with states, Gary Gensler and...
Polymarket Sets November V2 Move, But Testing Comes First
TLDR Polymarket has started canary testing for its rebuilt Protocol V2 system. The platform tentatively plans to move new markets...
$9.4B Weekend Reshapes Prediction Markets—Who Is Gaining Ground?
TLDR Prediction markets recorded more than $9.4 billion in weekend notional trading volume. Kalshi led with $7.13 billion, with fo...
Polymarket Trader Who Made $120K on Iran Strike Bet Returns With Trump AI Wager
TLDR: Polymarket trader Dicedicedice returned after six months, following a $119,964 profit on an Iran strike wager. Six wallets e...