Binance Wallet has integrated Predict.fun prediction markets and is sponsoring all gas fees on BNB Smart Chain.
Kalshi said that although sports data will not initially be part of the Fox deal, it may become part of the partnership in the future.
A court handed prediction markets a victory, ruling that New Jersey does not have explicit authority over sports-related event contracts.
The CFTC is suing Illinois Governor JB Pritzker and the state, escalating its effort to assert its oversight over prediction markets.
The Binance co-founder recently said the upcoming World Cup should boost activity on prediction markets, which let user wager on sports.
Polymarket has integrated Pyth Network to resolve daily markets on gold, crude, and more than a dozen U.S. equities.
The CFTC said it will defer to major sports leagues on which kinds of prediction market contracts are most vulnerable to manipulation.
Prediction market platforms are tightening trading restrictions and surveillance tools as concerns grow over insider participants.
Prediction markets have surged past $20 billion in monthly volume, driven by geopolitics, U.S. politics, and macroeconomic event trading.
ARK said it would use Kalshi to “hedge exposure to discrete outcomes that impact portfolio positions” and macroeconomic risks.
Two U.S. lawmakers have introduced a bipartisan bill to ban government officials from trading on prediction markets.
Nevada is reportedly halting the operations of prediction market Kalshi within the state — at least for now.
Brahma might be able to bolster liquidity for Polymarket's lower-profile wagers that do not attract large pools of capital.
Argentina has ordered a nationwide block of Polymarket, adding to growing scrutiny of prediction market platforms globally.
The threats appear tied to a market contract with more than $14 million wagered on whether Iran carried out a strike on Israel on a specific date.
Prediction markets platforms like Kalshi and Polymarket are seeing record trading volumes and valuations near $20 billion each.
The bill comes as the CFTC reviews its approach to event-based prediction markets, preparing new guidance to clarify how they should operate.
Sen. Murphy plans legislation banning prediction market bets on government actions after $1 million in profits tied to Iran strike contracts.
Rulemaking is on the way for prediction markets, said CFTC Chair Mike Selig, as the agency moves to further assert its jurisdiction.
The proposed offering mirrors the probability-based format common on prediction market platforms like Polymarket and Kalshi.
Kalshi removed its X affiliate badges after the platform tightened rules restricting affiliate promotions tied to gambling-related content.
The judge found Kalshi is likely to succeed in arguing that sports event contracts qualify as swaps under federal commodities law, potentially preempting state regulation.
"We continue to give a slight edge to the states in this legal fight primarily because the states have historically been the regulators of sports gambling."
Bitwise filed for prediction market ETFs tied to the 2028 U.S. presidential election amid state regulatory scrutiny on the sector.
Israeli prosecutors indicted an IDF reservist and a civilian for allegedly using classified military information to place bets on Polymarket.
Courts across the US are split on whether sports-related prediction contracts qualify as regulated financial products or unlicensed gambling.
Sports contracts continue to dominate predictions market trading volumes, as state and federal regulators clash over their treatment.
Nevada regulators accused Coinbase of offering alleged unlicensed sports betting through the exchange's prediction markets.
Crypto.com is splitting out prediction markets into a standalone app, as competition among exchanges to offer event-based trading swells.
Cboe explores reviving all-or-nothing options as prediction markets hit record volumes and draw billions in retail trading activity.