Coinbase Faces Nevada Legal Action Over Prediction Markets
Nevada regulators have moved to block Coinbase’s prediction market offerings, arguing the exchange is facilitating unlicensed sports wagering through event-based contracts.
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Polymarket and Kalshi Escalate Rivalry with Grocery Giveaways
Prediction market leaders Polymarket and Kalshi are using grocery giveaways in New York as competition intensifies amid surging trading volumes.
Crypto.com Spins Out Prediction Market App OG
Crypto.com has launched OG, a standalone prediction market app for U.S. users, separating the business after rapid growth in event-based trading.
Cboe Moves to Reenter Prediction Market with Binary Options Revival
Cboe Global Markets is exploring the return of all-or-nothing binary options as a regulated alternative to fast-growing prediction markets dominated by Kalshi and Polymarket.
Jupiter Integrates Polymarket, Secures $35M Strategic Investment
Solana-based Jupiter plans to integrate Polymarket while securing a $35 million strategic investment from ParaFi Capital to expand on-chain prediction markets.
Kalshi Expands Washington Presence with New Policy Office
Prediction markets platform Kalshi has opened a Washington, D.C. office to strengthen federal and state-level policy engagement amid ongoing regulatory disputes.
Polymarket Signs Multi-Year Prediction Market Deal with MLS
Polymarket has secured a multi-year partnership with Major League Soccer to integrate prediction markets into fan engagement experiences around matches and tournaments.
YZi Labs Backs BitGo IPO with Strategic Investment
Changpeng Zhao-backed YZi Labs invests in BitGo as the crypto custodian debuts on the NYSE, supporting regulated infrastructure for institutional digital assets.
Space Protocol Defends $20M Token Sale after Backlash
Space Protocol pushed back against criticism after its public token sale raised more than $20 million, far above initial expectations.
Massachusetts Judge Bars Kalshi from Offering Sports Bets
A Massachusetts court granted a preliminary injunction blocking prediction-market operator Kalshi from offering sports bets to state residents without a gaming license.
Coinbase Expands into Stock Trading with Limited User Rollout
Coinbase has begun offering stock trading to select users as it moves toward an integrated platform combining crypto, equities, and alternative markets.
Backpack Begins Beta Testing Unified Prediction Market Platform
Crypto exchange Backpack has launched an invite-only beta of its Unified Prediction Portfolio, aiming to integrate prediction markets with broader trading activity under a single margin…
CFTC Launches Innovation Committee to Shape Crypto and AI Oversight
The US commodities regulator is forming a new advisory body to guide oversight of crypto, artificial intelligence, and emerging market infrastructure, signaling a more industry-inclusive regulatory…
Court Halts Tennessee Action against Kalshi
A federal judge has temporarily blocked Tennessee regulators from enforcing a cease-and-desist order against prediction market Kalshi.
Bank of America Upgrades Coinbase to Buy
Bank of America upgraded Coinbase to a buy rating, citing the exchange’s expansion into equities trading, prediction markets, and tokenized assets.