CFTC Issues Emergency Order to Kalshi to Keep Operating Amid New York Lawsuit
The CFTC invoked emergency authority to override a New York state gambling lawsuit seeking to shut down Kalshi, escalating the federal-vs-state battle over pred
PYMNTS.com · +14 outlets
Baltimore Sues Kalshi and Polymarket Over Unlicensed Sports Event Contracts
The city of Baltimore filed a lawsuit against Kalshi and Polymarket alleging their sports event contracts constitute unlicensed gambling, also naming Coinbase,
Bitcoin World · +14 outlets
Washington State Court Orders Kalshi to Halt Event Contract Trading
A Washington State court issued a sweeping injunction ordering Kalshi to stop offering event contracts over illegal gambling concerns in the state.
CryptoRank · +14 outlets
New York City Council Launches Probe Into Prediction Markets' Marketing Practices
NYC Council opened a broad investigation into four prediction market platforms over allegations of predatory marketing targeting younger consumers.
CNBC · +14 outlets
Apex Fintech Solutions and Kalshi Launch API Platform for Broker Prediction Market Access
Apex launched an API platform allowing brokerages to integrate Kalshi's prediction markets as an add-on offering for their clients.
Pulse 2.0 · +6 outlets
Robinhood Reports 28.5M Funded Users as Crypto Trading Volume Slumps 33% in July
Robinhood's July operating data showed funded accounts reached 28.5 million while crypto trading volume declined sharply by 33% month-over-month.
eciks.org · +3 outlets
MEMX Files With SEC to List Securities-Based Prediction Contracts on Corporate Earnings
Exchange operator MEMX submitted a filing with the SEC to offer event contracts tied to company earnings and other financial indicators.
Crypto Briefing · +6 outlets
CFTC Flags Self-Certification Gaps in Event Contract Incentive Programs
The CFTC raised concerns about potential gaps in the self-certification process for promotional reward programs tied to event contracts.
CryptoRank · +2 outlets
DraftKings Self-Certifies Nine Football Event Contracts for DKeX, Adds Parlay-Style Combos
DraftKings filed CFTC self-certifications for nine football prediction contracts on its DKeX exchange and is preparing to launch parlay-style combo contracts.
SCCG Management · +5 outlets
Robinhood Stock Crosses $100 After Goldman Upgrade, RVII Debut
Goldman Sachs raised its price target on Robinhood, pushing shares above $100 as the company's prediction market and event contract business draws investor atte
Tech Times · +2 outlets
Santos Becomes First Person Federally Sanctioned for Political Prediction Market Manipulation
Former Congressman George Santos was sanctioned by federal authorities for attempting to manipulate political prediction markets, a first-of-its-kind enforcemen
Tech Times · +5 outlets
Polymarket Hires Bird Founder Travis VanderZanden as Chief Growth Officer
Polymarket appointed the founder of Bird as its chief growth officer and expanded its compliance team as competition with Kalshi intensifies.
Crypto Briefing · +14 outlets
Coinbase Stock Holds $145 as New York Probes Prediction Market Ads
Coinbase shares held steady near $145 as New York authorities scrutinize the company's role in promoting prediction market contracts through advertising and ref
AMBCrypto · +3 outlets
Brazil Bans Polymarket, Kalshi and 25 Other Prediction Platforms
Brazil issued a nationwide ban on Polymarket, Kalshi, and 25 other prediction platforms, marking the most aggressive international action against the sector.
CoinMarketCap · +14 outlets
Trump Media Shelves Truth Social Prediction Market Plan
Trump Media & Technology Group has abandoned its previously announced plan to launch a prediction market on Truth Social.
LegalSportsReport · +14 outlets
Polymarket Crosses $2.6B in Volume on World Cup Trophy Winner Market
Polymarket's contract on who will win the World Cup trophy surpassed $2.6 billion in trading volume, a record for a single event market.
Yellow.com
Crypto.com and Solidus Labs Expand Partnership for US Prediction Markets Offering
Crypto.com deepened its partnership with Solidus Labs to support compliance and market surveillance for its expanding US prediction markets product.
Business Wire · +10 outlets
Experts See $1 Trillion Event Market by 2030, Possible Supreme Court Fight
Industry analysts project the prediction market sector could reach $1 trillion in volume by 2030, with a likely Supreme Court battle over regulation.
CoinMarketCap · +3 outlets