Prediction Market News
Charles Schwab Weighs Prediction Markets as Trading Boom Draws Wall Street Interest
Charles Schwab is weighing prediction markets tied to financial events, as record trading activity and fast-growing event platforms pull Wal...
Polymarket Briefly Appears in Google News Before Sudden Removal
Polymarket briefly surfaced in Google News alongside Reuters and The Guardian before Google reversed what it called an error. ...
Court Sides With Kalshi, Deals Blow to State Control Over Sports Prediction Markets
A Third Circuit appeals court ruled 2-1 that New Jersey cannot block Kalshi's sports prediction markets, finding CFTC's federal authority un...
CFTC Takes Three States to Federal Court Over Prediction Market Control
CFTC and DOJ jointly sued three states on April 2 over cease-and-desist orders against Kalshi, Polymarket, and Robinhood, claiming exclusive...
Wall Street Eyes Prediction Markets as JPMorgan and Goldman Explore Entry
JPMorgan and Goldman Sachs are exploring prediction market entry as weekly volumes hit $6B, with both firms signalling conditional interest ...
Startup’s $15K Bet Backfires: P2P.me Apologises for Polymarket Misstep
Stablecoin startup P2P.me admitted wagering on its own capital raise on Polymarket, netting roughly $14,700 profit while blindsiding backers...
Sen. Adam Schiff Proposes Bill to Ban “War and Death” Bets on Prediction Markets
US Senator Adam Schiff has introduced legislation aimed at banning prediction market contracts tied to violent events such as wars or assass...
Polymarket Teams Up With Palantir to Monitor Sports Prediction Markets
Polymarket teams up with Palantir and TWG AI to oversee sports trading, spotting suspicious behaviour and ensuring market integrity. ...
Kalshi and Polymarket Each Eye $20B Valuations as Prediction Markets Hit $18B Monthly Volume
Kalshi and Polymarket are each exploring funding rounds near US$20B, double their recent valuations. ...
Kalshi Faces Backlash After $50M Market on Khamenei’s Death Sparks Rule Dispute
Kalshi CEO Tarek Mansour defended the platform’s handling of a prediction market tied to Iranian Supreme Leader Ali Khamenei’s death. ...
States Hold the Edge in Sports Prediction Market Showdown Despite Federal Push
US courts are giving weight to longstanding precedent that places sports gambling regulation at the state level, putting pressure on predict...
Vitalik Buterin Warns Prediction Markets Risk Becoming ‘Cursed’ by Retail Gambling Frenzy
Ethereum's Vitalik Buterin said prediction markets are in danger of becoming “corposlop” due to an over-reliance on “people with dumb ...