New York Sues Coinbase, Gemini Over Unlicensed Markets
New York has sued Coinbase and Gemini for allegedly running unlicensed markets, highlighting rising state-level pressure on crypto and prediction platforms.
New York has sued Coinbase and Gemini for allegedly running unlicensed markets, highlighting rising state-level pressure on crypto and prediction platforms.
TV host John Oliver took aim at prediction markets as well as Coinbase CEO Brian Armstrong for upending user bets on his Q3 2025 earnings call.
Polymarket is reportedly looking to raise another $400 million from investors at about a $15 billion valuation, potentially adding to a wave of capital flowing into prediction markets.
Polymarket traders forecast when oil tanker traffic traveling through the Strait of Hormuz, a critical oil shipping waterway, will return to normal.
The US commodities regulator is investigating suspicious oil futures trades that were made ahead of two US announcements regarding the war in Iran.
Polymarket prediction markets briefly surfaced in Google News alongside major publishers before disappearing, with Google saying the inclusion was an error.
To the Moon and back again: Kalshi users are taking positions on what NASA will say at a press conference following the splashdown of Orion spacecraft from the Artemis II...
Data suggests quitting a full-time job to become a prediction market trader is a pipe dream for most, with just 0.015% of Polymarket traders sustaining a monthly profit above $5,000.
Three Polymarket traders profited $484,575 on a market related to the US and Iran agreeing to a ceasefire by Tuesday, raising concerns of possible insider trading.
Polymarket’s March 30 fee overhaul pushed weekly fees to $7.1 million, giving it 96.8% of onchain prediction market revenue.
Today in crypto, Polymarket removed a market tied to the fate of a US pilot, US community banks formally opposed Coinbase's charter, Drift Protocol contacted the hacker behind a $280...
The CFTC has confirmed that insider trading laws apply to prediction markets and vowed to go after those who trade on misappropriated information.
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