Tagged: prediction markets

November 3, 2026 @ 7:07 pm By JD Alois  |  

Kalshi is anticipating a Democrat blowout just as polls close on the East Coast, and tallies start coming in. In recent days, the expectation is that Democrats will experience a “blue wave” as a barometer of dissatisfaction with President Donald Trump and his administration. Currently,… Read More

October 30, 2026 @ 5:51 pm By Omar Faridi  |  

Kalshi, the New York-based platform that lets users trade contracts on real-world events, has closed a $1 billion Series G round that values the company at $40 billion. The financing, announced on October 29, 2026, was co-led by Wellington Management and Sequoia Capital, with participation… Read More

October 30, 2026 @ 3:30 pm By Omar Faridi  |  

Prediction market operator Polymarket temporarily halted trading on its international platform on October 29, 2026, after determining that a third-party provider had been compromised. The company stated that it had identified and resolved the underlying problem, referred the matter to law enforcement authorities, and would… Read More

October 28, 2026 @ 4:36 pm By Omar Faridi  |  

The Commodity Futures Trading Commission (CFTC) escalated its defense of federal oversight of prediction markets on October 27, 2026, by filing a lawsuit against the State of Utah and Attorney General Derek Brown. The action was brought in the U.S. District Court for the District… Read More

October 23, 2026 @ 5:32 pm By Omar Faridi  |  

Defense Secretary Pete Hegseth has directed all U.S. military personnel and Pentagon civilians to stop using nonpublic government information for wagers on prediction markets or other betting platforms. The one-page memorandum, dated October 20 and circulated to senior defense leaders, combatant commanders, and agency heads,… Read More

October 21, 2026 @ 10:18 am By Omar Faridi  |  

Utah Attorney General Derek Brown filed a civil lawsuit on October 20, 2026, against prediction-market operator Kalshi and affiliated entities, seeking to halt their activities in the state and recover estimated tens of millions in profits tied to Utah users. The action, lodged as a… Read More

October 21, 2026 @ 7:43 am By Omar Faridi  |  

Missouri Attorney General Catherine Hanaway’s September cease-and-desist campaign against prediction-market platforms offering sports-related event contracts has produced its first federal lawsuits. On October 16, 2026, two of the six recipients—Crypto.com’s affiliated exchange and sports-focused operator Novig—filed actions seeking to block the state from applying its… Read More

October 19, 2026 @ 9:26 pm By Omar Faridi  |  

A recent nationwide survey reveals that a clear majority of US adults oppose the use of prediction markets for wagering on elections and other government-related events, even as these platforms expand rapidly and draw regulatory scrutiny. The research findings, from a Reuters/Ipsos poll, highlight bipartisan… Read More

October 16, 2026 @ 1:21 pm By JD Alois  |  

Digital asset firm StarkWare has launched a service that supports privacy for Polymarket trades Because public blockchains like Polygon let anyone view transactions, traders can trace trades back to individuals, though it takes effort. Zcash says it is eliminating this risk while providing a compliant service…. Read More

October 10, 2026 @ 12:28 pm By Omar Faridi  |  

Blockchain.com, a long-established digital asset platform, has moved to secure regulatory clearance that would allow it to expand into US prediction markets and cryptocurrency derivatives trading. The company informed CNBC that it has submitted applications for two licenses from the Commodity Futures Trading Commission (CFTC),… Read More

October 7, 2026 @ 12:05 pm By Omar Faridi  |  

US Representative Don Davis of North Carolina has introduced legislation intended to stop people seeking federal office from buying, selling, or holding prediction market contracts that resolve based on their own campaigns. The measure, titled the No Betting on Your Own Race Act, was filed… Read More

October 5, 2026 @ 8:39 pm By Omar Faridi  |  

Senator Flávio Bolsonaro finished ahead of President Luiz Inácio Lula da Silva in the opening round of Brazil’s 2026 presidential election, an ordering that several late national polls had not projected and that the prediction market Polymarket had priced for weeks. The split between survey… Read More

September 29, 2026 @ 9:56 am By Omar Faridi  |  

A federal appellate panel has cleared the way for Ohio and Tennessee to apply their sports-wagering statutes to Kalshi, a prediction markets operator that lists contracts tied to sporting outcomes. On September 25, 2026, a three-judge panel of the US Court of Appeals for the… Read More

September 27, 2026 @ 11:45 am By Omar Faridi  |  

Polymarket is intensifying talks with policymakers in London, Brussels and other European capitals in an effort to have its event contracts treated as financial instruments rather than wagers. The New York-based prediction market, now raising capital at a valuation above $20 billion, argues that a… Read More

September 25, 2026 @ 10:17 am By Omar Faridi  |  

New York officials have opened a new front in their campaign against prediction-market platforms, accusing Polymarket’s US operation of conducting unlicensed wagering inside the state. On September 24, 2026, Attorney General Letitia James and Governor Kathy Hochul announced a civil action against QCX LLC, which… Read More

September 21, 2026 @ 3:32 pm By Omar Faridi  |  

Prediction market operator Polymarket came under fresh scrutiny after a reported wave of stolen-card activity on its US platform coincided with leadership pressure to keep expanding, according to an investigation by The Wall Street Journal. In February 2026, shortly after the regulated U.S. venue began… Read More

September 21, 2026 @ 10:34 am By Omar Faridi  |  

Kalshi, the CFTC-regulated prediction-market platform, is facing public accusations that its crypto perpetual-futures activity is inflated. The claims originated with Beni, a former quant and co-founder of Stealth Neolab, who published a detailed thread on X after a heated exchange with Kalshi’s crypto product lead…. Read More

September 20, 2026 @ 12:45 pm By Omar Faridi  |  

KalshiEX has asked US regulators for permission to list perpetual futures tied to individual American stocks, placing the prediction-markets firm in the same race as Coinbase to bring a crypto-style derivative into traditional equities. On September 18, 2026, KalshiEX filed a proposed rule change with… Read More

September 18, 2026 @ 3:47 pm By Omar Faridi  |  

BMLL Technologies has struck a partnership with Kalshi that brings the prediction-market venue’s historical order-book records onto BMLL’s institutional data platform. Announced on 17 September 2026 from London and New York, the deal folds Kalshi’s CFTC-regulated event-contract history into the same high-fidelity, multi-asset coverage that… Read More

September 17, 2026 @ 8:53 pm By Omar Faridi  |  

South Korea’s police have advanced a months-long inquiry into domestic use of Polymarket from investigation into formal charging. Twenty-six local participants on the crypto prediction platform have been booked on suspicion of illegal gambling, and 18 of those cases have already been sent to prosecutors…. Read More