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...
Tag : prediction markets
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...
Coinbase Challenges State Regulations on Prediction Markets Amid Legal Disputes
Coinbase is intensifying its legal battle against state regulators who are attempting to impose restrictions on prediction markets, arguing that such actions misinterpret federal law....
Kalshi Penalizes Insider Trading by MrBeast Employee and Another User
Kalshi, a prominent prediction market platform, has taken action against two users for engaging in insider trading, including an employee associated with social media influencer...
Federal Reserve Paper Highlights Value of Prediction Markets in Economic Forecasting
A recent research paper from the U.S. Federal Reserve emphasizes the potential of prediction markets, particularly Kalshi, as a valuable tool for economic policy analysis....