Polymarket targets $20 billion valuation as competition heats up in prediction m...
The blockchain-based prediction markets platform is reportedly returning to investors months after a $15 billion funding round.
Polymarket Seeks $1 Billion Funding at $20 Billion Valuation Amid Rapid Growth
TLDR: Polymarket is in talks to raise $1 billion at a valuation exceeding $20 billion currently. The company’s valuation would mor...
The future of crypto payments won't include on-ramps or bridges, Fun CEO says
Alex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract...
Prediction Market Open Interest Drops as World Cup Trading Fades
TLDR: Prediction market open interest declined after the World Cup, while Kalshi kept about 59% and retained leadership over Polym...
CFTC Orders George Santos to Pay Over $35,000 for Kalshi Trades
TLDR: George Santos will pay $35,069.98 under a CFTC settlement covering $17,569.98 in disgorged profits and a $17,500 civil penal...
Hyperliquid HIP-4 Testnet Goes Live as HYPE Tests $53 Support
TLDR Hyperliquid HIP-4 now lets testnet developers deploy standardized outcome markets after staking 100 HYPE, without auctions or...
World Cup bets smash records as prediction markets hit $20 billion in volume
Markets ranged from the simple question of who would win the tournament to whether Cristiano Ronaldo would cry when Portugal were...
Kalshi, Polymarket win pause against Minnesota's prediction market ban
A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange...
Fanatics buys regulated exchange in bid to grow prediction markets business
The deal gives Fanatics control of its own prediction market infrastructure as event-based trading gains traction across sports, f...
CFTC Tightens Event Contract Filing Rules as Prediction Markets Expand
TLDR: CFTC guidance limits broad template filings that combine contracts with different settlement methods or risks. Regulation 40...