adminCFTC sues 3 states over prediction market regulatory authority
In recent developments, the Commodity Futures Trading Commission claims it “first officially recognized” event contracts in 1992 and that Congress has granted it sole authority over the market. Looking closer,…
DeFi is optimizing for gas, not for markets
In recent developments, deFi prioritizes gas efficiency over market resilience. Simplified financial logic fails under volatility due to computational constraints. Looking closer, market participants highlight key drivers such as liquidity…
Crypto VC Paradigm is developing a prediction market terminal: Fortune
In recent developments, as part of the offering, Paradigm is also exploring an internal market-making desk for prediction market trading and a prediction market index. Looking closer, market participants highlight…
CFTC chair says agency is ready to oversee entire crypto market
In recent developments, michael Selig summarized his first 100 days overseeing the commodities regulator since being confirmed by the US Senate in December. Looking closer, market participants highlight key drivers…
US crypto wash trading case reaches court as 3 extradited, 10 charged
In recent developments, extraditions of executives from market makers Vortex, Contrarian, Gotbit and Antier mark the latest step in a multi‑agency effort targeting alleged “market‑manipulation‑as‑a‑service.” Looking closer, market participants highlight…
CFTC’s top enforcer puts prediction market insider traders on notice
In recent developments, “There’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets … That is wrong,” said CFTC enforcement director David…
Bitcoin’s drawdown is ‘less dramatic’ this cycle, Fidelity says
In recent developments, a shallower Bitcoin trench than previous cycles “indicates a maturing market with reduced volatility and stronger institutional confidence,” said Nick Ruck, director of LVRG Research. Looking closer,…
FBI Sting Operation Exposes Crypto Price Rigging Network as 10 Foreign Nation…
In recent developments, federal crackdown exposes alleged crypto price manipulation network, signaling intensifying enforcement risk for digital asset firms as authorities target coordinated trading schemes that inflated valuations and misled…
Crypto market maker Keyrock reaches $1.1B valuation in SC Ventures-led round
In recent developments, standard Chartered’s venture arm led the round as Keyrock looks to expand products, pursue acquisitions and scale its global footprint. Looking closer, market participants highlight key drivers…
Democrats press CFTC, ethics watchdog on prediction market insider trading
In recent developments, prediction markets are facing increasing scrutiny over allegations of insider trading, prompting Kalshi and Polymarket to plan guardrails to curb potential incidents. Looking closer, market participants highlight…