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Polymarket is launching updated rules that prohibit users from participating in their event contracts if they are trading on stolen information, on illegal tips, or if they can influence the outcome of the event, strengthening its compliance across both its DeFi platform and CFTC-regulated exchange. Polymarket Targets Insider Trading Practices With Updated Rules Polymarket, one … Read more
Congress is stepping into the fast-growing prediction market arena, aiming to draw a hard line between financial contracts and what lawmakers say looks a lot like gambling. Prediction Markets Under Fire as Senate Eyes Sports Betting Ban According to reporting from the Wall Street Journal and Sports Business Journal, U.S. Senators Adam Schiff, D-Calif., and … Read more
A cluster of newly created wallets is placing coordinated bets on an early U.S.-Iran ceasefire, igniting fresh debate over whether these prediction markets are reflecting insight or something more calculated. Middle East War Gets Interesting as Linked Wallets Chase Early Ceasefire Payout The activity comes as tensions between the United States and Iran remain elevated … Read more
Kalshi has raised over $1 billion, increasing its valuation to $22 billion in just three months, signaling strong investor confidence despite regulatory challenges. Hyper-Growth in the ‘ Oracle Economy’ The U.S.-regulated prediction market, Kalshi, has reportedly raised more than $1 billion in a new financing round, catapulting its valuation to a staggering $22 billion. The … Read more
Major League Baseball on Thursday named blockchain-based Polymarket its official prediction market exchange partner while signing a first-of-its-kind integrity agreement with the Commodity Futures Trading Commission (CFTC), positioning the league to embrace fast-growing fan betting trends just days before Opening Day. The multi-year deal gives Polymarket exclusive rights to use MLB and team logos, marks … Read more
Polymarket is doubling down on its real-time prediction identity with a Washington, D.C., bar launch and a fresh DeFi acquisition, even as scrutiny from U.S. lawmakers intensifies. Polymarket’s D.C. Bar Debut and Brahma Deal Signal Aggressive Growth Polymarket has unveiled “The Situation Room,” a Washington, D.C.-based bar designed around live monitoring of global events, while … Read more
Arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling operation and accepted illegal election wagers within the state. Prediction Market Kalshi Charged in Arizona for Sports and Election Betting Arizona Attorney General Kris Mayes on March 17 filed a 20-count criminal information in Maricopa County Superior Court … Read more
The Argentine justice system has ordered a nationwide block on Polymarket, one of the largest prediction market platforms, after a contract estimating February’s inflation numbers registered a trend reversion 15 minutes before the official release, hinting at a possible insider leak. Argentina Bans Polymarket, Becomes First Country in Latam to Do So Argentina has become … Read more
Prediction markets gained attention for their accuracy in forecasting events but now face scrutiny over allegations of insider trading and ethical concerns. Industry leaders like Amit Mahensaria advocate for a balance between self-regulation and necessary government oversight to ensure ethical standards while supporting innovation. The Debate Over Innovation and Oversight Since surging into the mainstream … Read more
Prediction markets have a funny habit of saying the quiet part out loud, and right now the betting pits of the internet are whispering, shouting, and occasionally cackling about one thing: just how high bitcoin might climb before 2026 is done with us. Crypto Crystal Ball: Prediction Markets Reveal Bitcoin Price Odds for March and … Read more