Prediction Markets Hit Record $10.8 Billion Week as SpaceX IPO, World Cup Dri…
In recent developments, prediction markets set a weekly trading record as volume reached $10.8 billion, according to A16z crypto. The surge coincided with major finance, sports, and geopolitical events, with…
Kentucky Sues Kalshi, Polymarket as Prediction Market Legal Battle Swells
In recent developments, kentucky accused America’s top prediction market platforms of running illegal sports betting operations, joining a growing stack of states. Looking closer, market participants highlight key drivers such…
Charles Schwab Planning to Roll Out S&P 500 Prediction Markets With Cboe…
In recent developments, global financial institution Charles Schwab is the latest firm hoping to steal a piece of the growing prediction market pie. Looking closer, market participants highlight key drivers…
BBB refers prediction market Kalshi to state regulators over ad inquiry
In recent developments, a BBB advertising watchdog escalated its review of Kalshi after the prediction market platform declined to participate in an inquiry into influencer disclosure practices. Looking closer, market…
Republican Lawmaker Plans to Add Prediction Markets to Congressional Stock Ba…
In recent developments, rep. Bryan Steil said he’ll add language to the House congressional stock ban bill to cover prediction markets like Polymarket and Kalshi. Looking closer, market participants highlight…
How a disputed $1 billion claim became a powerful weapon against prediction m…
In recent developments, on the American Gaming Association’s website, a counter has been climbing for months, tallying what the casino-and-sportsbook lobby says states and tribes have lost to prediction markets.…
Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets
In recent developments, prediction market platform Kalshi has filed a federal lawsuit to block a first-in-the-nation Minnesota law that would make operating or advertising prediction markets a felony, escalating a…
Prediction Market Myriad Launches $100K World Cup Competition
In recent developments, a prize pool of over $100,000 is available for top traders and makers on prediction markets linked to FIFA World Cup matches. Looking closer, market participants highlight…
Kalshi Sues to Stop Minnesota From Enforcing America’s First Prediction Mar…
In recent developments, prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August. Looking closer, market participants highlight…
CFTC Sues Rhode Island as State Rules Threaten Prediction Markets
In recent developments, the Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling laws from being applied to federally…
MyTonWallet Rebrands to My Wallet After Expanding to 11 Blockchains
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