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The CFTC is escalating its defense of exclusive authority over U.S. commodity derivatives and prediction markets as legal battles threaten to redraw regulatory lines and restrict access to event contracts nationwide. Prediction Markets Challenge State Authority as Appeals Court Weighs Federal Derivatives Control Prediction markets are at the center of a growing legal dispute over … Read more
Pred, a sports prediction exchange, has raised $2.5 million in seed funding led by Accel, with participation from Coinbase Ventures (via BEF) and Reverie. The capital will be used to scale the team, deepen market liquidity, and prepare for a global launch. High-Performance Infrastructure on Base Pred, a peer-to-peer sports prediction exchange, has secured $2.5 … Read more
Recent data indicates that nearly a quarter of Draftkings’ sportsbook revenue is now being challenged by the rapid rise of federally regulated prediction market platforms. Sports Prediction Platforms Capture Growing Share of $14B Betting Market Prediction market platforms such as Kalshi have expanded rapidly into sports trading, with sports-related contracts now accounting for roughly 90% … Read more
Even after former U.S. President Barack Obama recently confirmed that aliens were real, prediction markets remain skeptical about an official disclosure from the U.S. government, at least during 2026. Polymarket bets give only a 10% of this happening. No Hope For Official Disclosure Even After Obama Claims Aliens Are Real While there have been developments … Read more
Traders on Polymarket, Myriad, and Kalshi are putting real money behind their expectations for bitcoin’s price trajectory in 2026. Across seven active contracts with over $84 million in volume, the crowd is signaling cautious optimism — with plenty of hedging along the way. Six-Figure Bitcoin Odds Rise With Time, Prediction Markets Show One of the … Read more
Ethereum co-founder Vitalik Buterin criticized the current direction of prediction markets, warning that an increasing focus on short-term bets risks distorting incentives and encouraging harmful behavior. Buterin Questions Short-Term Betting Culture in Crypto Markets In a recent post published to X, Buterin said prediction markets have reached sufficient scale to support professional traders and contribute … Read more
An Israeli duo has been indicted for allegedly using classified information to place bets on Polymarket. Security Risks Israel has indicted a civilian and an army reservist on charges of using classified military information to place bets on the prediction platform Polymarket. According to a report from the Jerusalem Post, the individuals used the classified … Read more
Stablecoins tightened their grip on crypto casinos and prediction markets in 2025, with dollar-pegged tokens like USDT and USDC emerging as the default chips for online wagering. This year is poised to play out in much the same fashion. Stablecoins Projected to Command Majority of Crypto Wagering Volume Going Forward The shift was not subtle. … Read more
A legal clash between Coinbase and Nevada regulators is testing whether states can treat federally regulated prediction markets as gambling, setting up a high-stakes fight over who controls crypto derivatives in the United States. Federal Preemption or State Gambling Law? Coinbase Fight Heads to Court The dispute between Coinbase and the Nevada Gaming Control Board … Read more
Super Bowl LX delivered more than a Lombardi Trophy — it delivered a stress test for America’s betting industry. As the Seattle Seahawks beat the New England Patriots 29-13, prediction markets piled up record volumes that signaled a measurable shift in how fans wager on the biggest game of the year. Traditional Sportsbooks Trail as … Read more