The prediction market exchange says the round funds expansion beyond event contracts, including crypto and single-stock perpetual futures.

The state escalation marks the sharpest confrontation yet between prediction markets and state gambling regulators.

The federal agency argues it holds exclusive authority over event contracts, a question its chair says could reach the Supreme Court.

A vendor supply-chain attack drained roughly $2.7M from hundreds of accounts before the exchange resumed operations.

The deal follows the NBA's approval of prediction markets and extends exchange branding into team-level sponsorships.

Coinbase reported prediction markets among its fastest-growing segments even as total Q3 net revenue fell 34%.

Polymarket halted international trading and the relayer after a compromised third-party vendor script drained user wallets, then said affected users would be fu

Polymarket is investigating trades placed by newly created accounts on Israel's election, raising insider-trading and manipulation questions as regulators scrut

A bipartisan pair of senators asked the two prediction markets how they police election contracts, adding to US political pressure ahead of the midterms.

The two prediction markets have expanded into a multimillion-dollar midterm market and are now being judged on whether their odds hold up on election night.

The Eagles running back said league rules compelled him to sell his stake in the prediction market, highlighting how sports-league policy constrains team and pl

Polymarket deepened its Chainlink oracle partnership and launched high-frequency precious-metals contracts, with plans to add stock and forex markets.

The round, co-led by Sequoia and Wellington, values the prediction market at $40B, up from about $11B in May, as Kalshi expands beyond event contracts into futu

The Utah Attorney General's felony charges escalate a state-versus-federal fight over whether prediction market event contracts are illegal gambling.

The federal regulator argues its exclusive jurisdiction over event contracts preempts Utah's gambling enforcement, setting up a preemption showdown.

The bipartisan letter asks the platforms how they will prevent manipulation and insider trading ahead of the midterms.

Kalshi's suit argues Missouri lacks authority to bar its federally regulated event contracts, extending its state-by-state legal campaign.

The filings press Kalshi's federal preemption argument against state gambling statutes in two more jurisdictions.

The bipartisan inquiry asks the two prediction market operators how they safeguard election markets against manipulation ahead of the midterms.

The new funding values the prediction market platform at $40B as it expands beyond election and event contracts.

Federal regulators are clashing with states over jurisdiction as Utah files criminal charges against Kalshi.

The platform is investigating irregular bets around the Israeli election, with roughly $70M in Polymarket positions thrown into turmoil.

Ohio lawmakers and outside experts are pressing to prohibit wagering on election outcomes on platforms such as Kalshi and Polymarket.

An investigation details potentially suspicious trading activity in election contracts on prediction market platforms.

The round values Kalshi at roughly double its prior mark and funds expansion into crypto and single-stock perpetual futures, putting it in competition with CME

The filings press the claim that event contracts belong under federal CFTC jurisdiction rather than state gambling law, and the CFTC separately sued Utah to blo

Prediction market volumes are offsetting a steep decline in crypto trading revenue, with executives signaling less interest in sports than rivals.

The disclosure came alongside a 34% drop in Q3 net revenue, underscoring how much the exchange is leaning on event contracts for growth.

The exchange's binary-style product echoes event-contract mechanics and arrives as prediction platforms post record trading activity.

The move extends a global regulatory crackdown on event-contract venues beyond the US.

Utah prosecutors allege Kalshi and two co-founders violated state gambling law, escalating the fight over whether event contracts are federally regulated deriva

The federal regulator's suit argues event contracts fall under CFTC authority and seeks to halt Utah's action, setting up a preemption test for prediction marke

Polymarket US reached a deal with the Michigan Gaming Control Board to stop offering sports contracts, a state-level concession by a major prediction market.

Kalshi's suit challenges Missouri's attempt to block its sports event contracts, part of a widening set of state-by-state legal fights.

The two platforms argue Louisiana's gambling rules cannot override federal derivatives regulation of their event contracts.

The relief reduces compliance burdens for event contract venues, reinforcing the CFTC's position that it, not states, regulates the sector.