1789 Capital leads funding round for Polymarket, valuing it at $21B
Polymarket's $21B valuation highlights the mainstream acceptance and investment potential of prediction markets, reshaping financi...
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Prediction Markets
Prediction market platforms, event contracts, sports data, and regulated market infrastructure.
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Polymarket secures $300M investment boost from Donald Trump Jr.’s fund
The investment and regulatory developments could redefine prediction markets' role in US finance, but political scrutiny may pose...
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Kalshi traders assign 66% chance of Trump impeachment before end of term
The high impeachment odds highlight potential political instability, influencing market dynamics and public perception of governan...
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Polymarket in talks to raise $1B at valuation above $20B, led by 1789 Capital
Polymarket's rapid valuation growth highlights the increasing investor confidence in blockchain-based prediction markets, reshapin...
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Kalshi bars former congressman George Santos for insider trading
Kalshi's decisive action against Santos highlights the platform's commitment to integrity, setting a strong precedent for predicti...
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CFTC Fines Former White House Staffer Over Event Contract Insider Trading
The CFTC has fined former White House staffer Gabriel Perez $172,000 over alleged insider trading in event contracts, marking anot...
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CFTC Files Amicus Brief In Polymarket Event Contract Insider Trading Case
The CFTC has filed an amicus brief in a federal criminal case involving alleged insider trading on Polymarket event contracts, put...
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Kalshi taps Alpaca to expand event contracts to global brokers
Kalshi's partnership with Alpaca could significantly boost global prediction market accessibility, potentially accelerating indust...
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Kalshi becomes exclusive prediction market partner for US Open
Kalshi's exclusive US Open partnership could redefine prediction markets' role in sports, enhancing visibility and regulatory acce...
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Polymarket faces scrutiny as prediction markets ink massive deals with sports leagues
The rapid expansion of prediction markets in sports faces significant legal challenges, potentially reshaping regulatory landscape...
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Trump Teleprompter Operator Fined $172K After Dominating Kalshi Bets
According to the U.S. Commodity Futures Trading Commission (CFTC), former White House teleprompter operator Gabriel Perez has been...
Bitcoin News
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The SEC is reviewing automatic filing pathways after exotic crypto and event-linked ETF proposals flooded the market
Wall Street now wants a ticker to hold almost any financial idea an investor might type into a brokerage search bar, from Bitcoin...
CryptoSlate
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Ninth Circuit Says Kalshi Sports Contracts Aren’t Swaps, Splitting With Third Circuit
The Ninth Circuit ruled Friday that Kalshi's sports event contracts are not swaps under the Commodity Exchange Act, clearing the w...
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Ninth Circuit deals blow to Kalshi in Nevada sports betting fight, challenging CFTC’s exclusive jurisdiction claim
An appeals court sided with a lower court's ruling that Kalshi failed to show that the federal government preempts Nevada’s author...
The Block
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Ninth Circuit rules against Kalshi in 3-0 vote, letting Nevada enforce gaming laws on prediction markets
The ruling underscores the tension between federal and state regulatory powers, potentially reshaping the landscape for prediction...
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Polymarket Pulls NFL Contracts, Certifies Bitcoin Bets The Same Day
Polymarket’s US-serving platform withdrew both of its NFL player participation filings on Aug. 26, one day after certifying them w...
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Sportradar expands Polymarket deal to cover 20+ sports leagues
The expanded partnership positions Sportradar to capitalize on the growing prediction market, enhancing Polymarket's media capabil...
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Polymarket CLARITY Act Odds: Senate Path Remains Uncertain After Cloture Step
The outlook for the Digital Asset Market Act remains unsettled as the bill moves through the Senate process. CryptoNews reported t...
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