Robinhood Partners with Crypto.com and OG.com to Expand Prediction Markets
Robinhood is acquiring minority equity stakes aligned with Crypto.com’s $20 billion valuation to bolster its rapidly growing prediction markets hub.
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Polymarket Hits One Billion Dollar Revenue as State Legal War Escalates
Polymarket crossed a one billion dollar annualized revenue milestone following major sports league partnerships, yet twenty states are actively litigating to shut down prediction platforms as…
Kalshi Secures $1.12B in Ongoing $1.5B Equity Offering, SEC Filing Shows
Kalshi has sold $1.12 billion in private equity to 71 investors under an ongoing $1.5 billion SEC offering, even as the platform navigates state-level legal challenges.
South Korea Moves to Block Polymarket Over Gambling Concerns
South Korea’s media regulator ordered domestic access to Polymarket blocked, ruling that decentralization and smart contracts do not exempt prediction markets from strict gambling laws.
Coinbase and Ripple Executives Set to Attend White House Crypto Session Ahead of Key Senate Vote
White House officials will host representatives from top digital asset firms, including Coinbase, Ripple, and Kalshi, on August 19 for strategic discussions ahead of a crucial…
Prediction Market Volume Hits Record $50.6 Billion in July Driven by World Cup Surge
Prediction markets surpassed $50.6 billion in combined monthly trading volume in July, establishing a new record driven by heavy FIFA World Cup activity and shifting volume…
New York Sues Kalshi Seeking $36B in Sweeping Prediction Market Crackdown
New York state officials have launched the most aggressive legal action yet against prediction market platform Kalshi, filing a lawsuit demanding $36 billion in compensatory damages…
Kalshi
Kalshi is associated with Prediction market for trading the future.
CFTC Reissues Warning to Prediction Markets Over Broad Self-Certifications
The US Commodity Futures Trading Commission (CFTC) has issued a new advisory instructing prediction market exchanges to provide specific terms, data sources, and rule-compliance analyses for…
French Gambling Authority Directs ISPs to Block Polymarket
France has escalated its enforcement tactics, ordering telecom networks to block domestic access to Polymarket entirely.
Binance.US Targets 20% Market Share With Ultra-Low Fees and New Products
Binance.US is rebuilding after a two-year regulatory slowdown, targeting a return to 20% of the U.S. crypto exchange market through ultra-low fees, deeper liquidity, and an…
Federal Judge Rejects Kalshi’s Injunction Against New York Gaming Rules
A district judge denied prediction exchange Kalshi's request for a preliminary injunction, clearing the way for local regulators to enforce state-level gambling laws on sports contracts.
South Korea Targets Polymarket Over Illegal Gambling Concerns
The nation's primary media and communications review body has formally targeted Polymarket, initiating a legal review into whether the popular Web3 prediction marketplace violates strict domestic…