The financial world is buzzing as Bitwise files for a prediction market-backed ETF, signaling a potential shift for election betting into the mainstream. This move follows a trend of traditional…
As stablecoins gain traction in traditional finance, prediction markets are emerging as the next frontier for crypto innovation. Bitwise’s recent ETF filing signals a significant move towards mainstream acceptance, focusing…
The head of the U.S. Commodity Futures Trading Commission is pushing back against a wave of state-level lawsuits targeting prediction market platforms. He asserts the agency’s exclusive authority to regulate…
As significant events approach, prediction market platform Kalshi has significantly upgraded its oversight mechanisms. These proactive steps, including new advisory committees and partnerships, aim to fortify defenses against market manipulation…
The prediction platform Polymarket has filed trademark applications for ‘POLY’ and ‘$POLY’ with the USPTO, signaling a potential native token launch. This move comes amid increasing regulatory scrutiny facing prediction…
Ethereum co-founder Vitalik Buterin expresses concern over the current trajectory of prediction markets. He argues these platforms should pivot from short-term betting to become essential tools for hedging against price…
Ethereum co-founder Vitalik Buterin expresses concern over the current trajectory of prediction markets, urging a pivot from speculative betting towards their use as instruments for price stability. He envisions a…
The crypto prediction platform Polymarket has initiated federal legal action against Massachusetts, asserting that only the CFTC holds regulatory power over event-based contracts. This move aims to prevent states from…
Polymarket has escalated its regulatory fight by suing Massachusetts in federal court, claiming states lack authority to interfere with CFTC-approved prediction markets. The lawsuit comes amid growing state scrutiny of…
Prediction market platforms Polymarket and Kalshi escalate their user acquisition battle with bold free food giveaways in New York amid soaring grocery prices. Timed around the Super Bowl, these stunts…