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The native token of the Rain prediction markets protocol (RAIN) surged 44% to an all-time high of $0.01195, pushing its market capitalization to $7.2 billion and placing it in the top 20 digital assets. Rain Token Hits All-Time High The native token of the prediction markets protocol Rain jumped 44% to reach an all-time high … Read more
Tennessee Gov. Bill Lee has signed two gambling-related bills on the final day of his decision window, banning online sweepstakes casinos and creating a new Class E felony for prediction market manipulation. The dual signing makes Tennessee the seventh U.S. state to outlaw sweepstakes casino operations and one of the first to criminalize the manipulation … Read more
President Donald Trump posted a public statement Tuesday defending the Commodity Futures Trading Commission’s (CFTC) exclusive federal authority over prediction markets and warning that the United States must protect its position as the world’s leading crypto destination. Trump Backs CFTC Chairman Selig on Prediction Markets, Warns States to Stand Down On Truth Social, Trump directed … Read more
Spain’s gambling watchdog opened sanctioning proceedings against Polymarket and Kalshi, ordering precautionary blocks on both platforms while it investigates whether the unlicensed operators violated the country’s gambling law. European Enforcement Efforts Grow as US Takes Different Direction The Dirección General de Ordenación del Juego (DGOJ) published the notices in the Boletín Oficial del Estado after … Read more
Binance unveils a platform that allows users to trade on real-world events using onchain event tokens settled in the stablecoin USDT. Bonding Curve Pricing Mechanism Binance Wallet has launched a new third‑party decentralized application that lets users trade blockchain‑based tokens tied to real‑world events, including sports results, crypto price levels and news outcomes. Known as … Read more
Indonesia has blocked access to the crypto-based prediction market platform Polymarket after the site opened a betting market on whether President Prabowo Subianto would leave office before his term ends in 2029. Indonesian Government Blocks Polymarket Over Online Gambling Laws The block was announced by Indonesia’s Ministry of Communication and Digital Affairs, known locally as … Read more
Prediction market traders on Polymarket have placed more than $154 million in bets on whether the United States and Iran will reach a permanent peace deal in 2026, as President Donald Trump described his decision as a “solid 50/50” between accepting a diplomatic agreement and resuming military strikes. Bitcoin rose 1.5% on the news, reclaiming … Read more
Rep. James Comer, Chairman of the House Committee on Oversight and Government Reform, sent letters to Polymarket and Kalshi to ascertain the measures these platforms are taking to curb these practices. Comer referred to the prediction markets ecosystem as the “Wild West.” Rep. James Comer Launches Probe On Insider Trading Happening On Prediction Markets Kentucky … Read more
The Commodity Futures Trading Commission (CFTC) and the National Hockey League (NHL) signed a memorandum of understanding (MOU) on May 21, 2026, formalizing a cooperative framework to protect professional hockey from fraud, insider trading, and manipulation in federally regulated prediction markets. CFTC Chairman Selig Signs NHL Agreement to Block Insider Trading in Sports Markets The … Read more
Prediction market traders on Polymarket and Kalshi are pricing a Democratic sweep of the 2026 U.S. midterm elections as the most likely outcome, with combined trading volume topping $12.5 million across both platforms. Prediction Markets Signal Democrats Lead 2026 Midterms as Trump Approval Hits 34% Polymarket‘s “Balance of Power: 2026 Midterms” market has pulled in … Read more