Novig CEO Advocates for Federal Regulation of Sports Betting at Consensus Miami 2026
During the Consensus Miami 2026 event, Jacob Fortinsky, CEO of Novig, announced plans for his company to shift to a federal Designated Contract Market (DCM)...
Tag : prediction markets
Data Integrity Challenges in Emerging Prediction Markets Highlighted by Paris Temperature Incident
Recent abnormal temperature readings at a Météo-France station near Paris-Charles de Gaulle Airport have sparked a criminal investigation, revealing significant vulnerabilities in the data underpinning...
U.S. Senate Unanimously Bans Members from Participating in Prediction Markets
In a swift move, the U.S. Senate has unanimously approved a resolution prohibiting its members and their staff from engaging in prediction markets. This decision...
XO Market Secures $6 Million to Innovate User-Driven Prediction Markets
XO Market has successfully raised $6 million in seed funding, led by 20VC, Picus Capital, and Coinbase Ventures, among others. The startup aims to revolutionize...
Hyperliquid’s HIP-4 Proposal Aims to Transform Prediction Markets
Hyperliquid, a leading decentralized exchange, is positioning itself to become a significant player in the prediction market space with its Hyperliquid Improvement Proposal (HIP)-4. This...
Robinhood Reports Decline in Crypto Revenue Amid Overall Growth
Robinhood has announced a significant drop in its crypto trading revenue for the first quarter of 2026, despite an overall increase in company earnings driven...
Study Reveals Role of Informed Traders in Prediction Markets
A recent study has examined the dynamics of prediction markets, revealing that a small group of informed traders significantly influences price movements, challenging the notion...
CFTC Files Suit Against New York Over Prediction Market Regulations
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against New York, asserting its authority over prediction markets amid a growing conflict with...
Kalshi Enforces Disciplinary Actions Against Insider Trading in Prediction Markets
Kalshi, a prominent prediction market platform, is taking decisive steps to address insider trading violations among its users. The company has recently announced disciplinary actions...
New York Takes Legal Action Against Coinbase and Gemini Over Prediction Markets
New York has initiated legal proceedings against cryptocurrency exchanges Coinbase and Gemini, claiming their prediction market contracts related to sports and entertainment violate state gambling...