prediction markets
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Crypto
Democratic Senators Urge CFTC to Ban Wildfire Prediction Markets Over Arson and Insider Trading Risks
A group of nine Democratic senators has formally petitioned the Commodity Futures Trading Commission to ban derivative contracts linked to…
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Business
a16z Crypto Leads $2.5 Million Round for Prediction Market Terminal Kairos
a16z crypto has led a $2.5 million funding round for Kairos, a Chicago-founded startup building a specialized trading terminal to…
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Technology
New York Sues Kalshi for $36 Billion as Clash Between Federal Market Oversight and State Gambling Laws Escalates
A legal battle in Manhattan Supreme Court is setting up a high-stakes test case for the future of financial prediction…
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Technology
New York Sues Kalshi in Escalating Clash Between State Gaming Laws and Federal Derivatives Regulation
New York legal authorities have launched a direct assault on the burgeoning event-contracts industry, suing Manhattan-headquartered platform Kalshi for allegedly…
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Business
New York Seeks $36 Billion Penalty Against Kalshi as State Gaming Crackdown Escalates
New York gaming regulators have launched a massive legal action against Kalshi, filing a court petition that threatens the prediction…
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Business
The Rise of Financial Nihilism: Why Retail Investors are Swapping Index Funds for High-Risk Derivatives
The democratization of finance over the last three decades was supposed to secure the average individual’s financial future. The rise…
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Crypto
New York Sues Kalshi Over Unlicensed Gambling as CFTC Fights to Protect Federal Authority
The State of New York has launched a major legal battle against Kalshi, accusing the prediction market operator of running…
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Crypto
Coinbase Shares Slip as Q2 Revenue Misses Expectations Despite Expanding Crypto Market Share
A sharp reduction in cryptocurrency market volatility and declining digital asset prices pushed Coinbase’s second-quarter revenue down 14% quarter-over-quarter to…
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Crypto
2026 World Cup Drives $20 Billion Web3 Betting and NFT Trading Boom
Decentralized prediction markets and digital sports memorabilia reached unprecedented scale during the 2026 FIFA World Cup, with total on-chain wagering…
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Crypto
Robinhood Surpasses Q2 Revenue Expectations as Prediction Markets Surge and Crypto Cools
Robinhood Markets outperformed Wall Street expectations for the second quarter, buoyed by unprecedented demand for equity options and prediction market…
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