ESMA has questioned Polymarket and Kalshi regarding their lack of authorization for user access in the EU, while warning that a potential sell-off in tech stocks could spill over into…
JPMorgan Chase told Polymarket to find a new bank in October 2025, citing regulatory concerns; while accounts were moved to an unidentified bank, JPMorgan's desire to take a role in…
The crypto sector raised $11.2 billion across 377 announced funding rounds in the first half of 2026, signaling a shift in capital flow from permissionless and ungoverned projects toward regulated…
The U.S. Commodity Futures Trading Commission (CFTC) is tightening its oversight of the industry through technical details, warning prediction markets against using American-style betting odds.
In a formal letter sent to…
$8.2 Million Manipulation Scandal on Polymarket: System Overhauled After Investors Suffer 93% Losses
Polymarket has transitioned to a Time-Weighted Average Price (TWAP) system instead of instantaneous price tracking to prevent price manipulation in short-term cryptocurrency contracts, which has caused retail investors millions of…
Prediction market platform Polymarket has begun talks with potential investors to raise $1 billion in new investment, targeting a valuation of over $20 billion.
One of the crypto world's most popular…
Kalshi CEO Tarek Mansour responded to the $36 billion lawsuit filed by New York State against the platform, comparing the company's business model to the exchange giant Nasdaq.
Prediction market platform…
The 2026 FIFA World Cup has shattered all-time records by reaching a total trading volume of $20 billion in prediction markets.
A new report released by blockchain analysis firm Chainalysis revealed…
New York state has filed a lawsuit against prediction market platform Kalshi for operating illegal gambling, seeking at least $36 billion in damages.
Kalshi, one of the world's largest prediction markets,…
A federal judge in the U.S. has issued a significant ruling in favor of Kalshi and Polymarket by halting Minnesota’s law banning prediction markets.
A development that has resonated widely in…
A court in Washington state has temporarily halted the popular prediction market platform Kalshi from offering contracts for sports events, citing a violation of state gambling laws.
Tensions between prediction markets…
With the conclusion of the World Cup, trading volumes in prediction markets have rapidly declined, revealing that a large portion of users betting via Polymarket ended up in the red.
Prediction…