Trader Capitalizes on UFC Announcement Error for Significant Gains on Polymarket
A recent incident during a UFC event showcased the volatility of prediction markets, as a trader achieved a remarkable return on investment following an announcement...
Tag : prediction markets
Kalshi Secures Approval for Margin Trading in Prediction Markets
Kalshi, a prediction market platform, has received authorization to introduce margin trading for professional clients, a significant shift aimed at attracting institutional investors. This development...
Washington State Sues Kalshi Over Alleged Violations of Gambling Laws
The Washington State Attorney General has initiated legal action against Kalshi, a prediction markets provider, alleging that the company is offering gambling products in violation...
Concerns Rise Over Manipulation Risks in Crypto Prediction Markets
In the latest edition of the Crypto Long & Short Newsletter, Ryan Kirkley, CEO of Global Settlement Network, raises alarms about the potential for manipulation...
The Risks of Prediction Markets: A Call for Structural Integrity
As prediction markets like Polymarket gain traction during significant events such as U.S. elections, concerns are rising about their long-term credibility. These platforms promise to...
U.S. Regulatory Bodies Clarify Crypto Security Definitions Amid Ongoing Legal Challenges
This week, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released interpretive guidance aimed at clarifying how digital assets...
Nevada Court Imposes 14-Day Ban on Kalshi’s Prediction Market Contracts
A Nevada court has issued a temporary 14-day ban on Kalshi, a prediction market firm, prohibiting it from offering various contracts in the state. This...
Arizona Charges Kalshi with Illegal Gambling Amid Regulatory Dispute
Arizona has initiated criminal proceedings against Kalshi, a prediction market platform, filing 20 counts that allege the company is operating an illegal gambling business and...
Arizona Attorney General Charges Prediction Market Kalshi with Criminal Violations
The Arizona Attorney General’s office has filed criminal charges against Kalshi, a prediction markets platform, alleging the company operated an unlicensed gambling business and engaged...
Polymarket Sees $600 Million in Bets Amid U.S.-Iran Conflict
In the wake of recent military strikes by the U.S. and Israel on Iran, the prediction market Polymarket has experienced a significant surge in trading...