Archive snapshot
Sat, Oct 31, 4:46 PM ET

Markets18 stories ›

CFTC Chair Selig vows to take state fight over prediction markets to the Supreme Court
Federal regulators are escalating their clash with states that seek to prosecute event-contract venues, with Utah felony charges against Kalshi founders drawing
Crypto Briefing · +14 outlets
Polymarket resumes trading after third-party security breach, will reimburse affected users
A vendor script hack drained about $2.7M from roughly 700 users and forced a temporary halt to international trading, a test of operational security for the sec
Reuters · +14 outlets
Kalshi valuation hits $40 billion as sports contracts fuel prediction market boom
The reported valuation marks a step change in how investors price private prediction market venues, which remain unlisted.
Legal Sports Report · +6 outlets
Sixers sign multi-year Kalshi deal, becoming first NBA team to partner with a prediction market
The NBA team tie-up follows league-level approval and signals sports franchises moving toward event-contract sponsorship dollars.
RG.org · +14 outlets
Robinhood says prediction markets drove $173 million as crypto revenue slumped
Event contracts are becoming a core growth line for the brokerage even as its digital-asset take rate falls.
CryptoSlate · +8 outlets
Coinbase Q3: prediction markets pass $200M annualized run rate as net revenue drops 34%
The exchange's event-contract business is growing even as its broader crypto revenue declines, making it a key diversification story.
RG.org · +9 outlets

Polymarket18 stories ›

Polymarket halts international trading after third-party vendor breach, resumes and repays users
A compromised third-party script drained roughly $2.5M-$2.7M from Polymarket users, forcing a pause on international trading and relayer operations before the p
Reuters · +15 outlets
Polymarket investigates suspicious last-minute bets on Israeli election outcome
New accounts placed large late bets on a Netanyahu win, prompting Polymarket to open a probe that highlights the difficulty of forensic tracing on-chain.
Menafn · +14 outlets
Sens. Warren and Curtis press Kalshi and Polymarket on election insider-trading safeguards
A bipartisan pair of senators asked the two prediction markets to disclose how they police insider trading ahead of the midterms.
CoinMarketCap · +6 outlets
Polymarket and Kalshi face their biggest accuracy test: the 2026 midterms
With prediction market odds diverging from traditional forecasters, both platforms are under scrutiny over whether their pricing will hold up on election night.
The New York Times · +14 outlets
Kalshi and Polymarket data show Democrats favored for House and Senate in 2026
Market pricing on 12 key Senate races currently points to Democratic control of both chambers.
Benzinga · +14 outlets
Polymarket taps Palantir to police sports prediction markets
The partnership aims to detect manipulation and suspicious activity in Polymarket's sports contracts.
CoinMarketCap · +6 outlets

Kalshi18 stories ›

Kalshi raises $1B Series G at $40B valuation, co-led by Sequoia and Wellington
The round roughly doubles Kalshi's valuation from its May price tag and funds expansion into crypto and single-stock perpetual futures, extending the prediction
RG.org · +15 outlets
Utah files felony criminal charges against Kalshi and its co-founders over gambling laws
The charges escalate the jurisdictional conflict between state regulators and the federally regulated event-contract exchange, with Polymarket US also reported
Deadspin · +14 outlets
Senators Warren and Curtis press Kalshi and Polymarket on election insider trading
Lawmakers are asking the two prediction markets to disclose safeguards against trading on nonpublic election information as midterm wagering volume grows.
Bitcoin News · +12 outlets
Philadelphia 76ers become first NBA team to sign partnership with Kalshi
The deal marks the first NBA team tie-up for a prediction market as sports event contracts draw growing scrutiny from gambling regulators.
Sports Business Journal · +14 outlets
Kalshi sues Missouri over state cease-and-desist and regulatory attempts
The suit adds Missouri to the list of states where Kalshi is litigating whether federal commodities law preempts local gambling oversight.
Gambling News · +13 outlets
Kalshi taps Paul Clement for Supreme Court fight over sports contracts
Hiring the former U.S. solicitor general signals Kalshi is preparing to take the sports event-contract dispute to the high court.
Law360 · +1 outlets

Politics18 stories ›

Warren, Curtis Press Kalshi and Polymarket to Disclose Election Insider-Trading Safeguards
A bipartisan Senate pair is demanding the prediction market operators detail how they police insider trading in election contracts ahead of the midterms.
CoinMarketCap · +7 outlets
Kalshi Raises $1B at $40B Valuation, Eyes New Markets
The prediction market platform's new funding round values it at $40 billion as it expands beyond election contracts.
DeFi Rate · +12 outlets
Polymarket Investigating Suspicious Last-Minute Bets on Israeli Election
Polymarket is probing a late surge of wagers on an Israeli election outcome, reviving questions about manipulation in thin political markets.
The New York Times · +14 outlets
NYT: Polymarket and Kalshi Face a Major Accuracy Test in the Midterms
The two largest prediction markets head into Election Day under scrutiny over whether their prices track reality better than polls.
The New York Times · +1 outlets
WSJ: Prediction Markets Keep Whiffing on Elections. Will They Miss on the Midterms?
Reviewing recent election misses, the WSJ questions whether market prices will outperform pollsters in 2026.
WSJ · +2 outlets
CNBC: Inside Suspicious Election-Contracts Trading on Prediction Markets
CNBC examines unusual trading patterns in political event contracts as the midterms approach.
CNBC

Platforms18 stories ›

Kalshi raises $1B Series G at a $40B valuation as annualized crypto volume hits $140B
The round values the prediction market platform at $40 billion, a figure analysts are already debating given its revenue base.
KuCoin · +12 outlets
Robinhood Q3: prediction markets generate $173M as crypto revenue falls 55%
Event contracts are now the growth engine in Robinhood's results, offsetting a steep decline in crypto trading revenue.
TradingView · +10 outlets
CFTC Chair Selig says state fight over prediction markets could reach the Supreme Court
The CFTC is signaling it will escalate its jurisdictional dispute with states that have moved to restrict prediction market platforms, setting up a possible hig
Crypto Briefing · +14 outlets
Coinbase says prediction markets top $200M annualized revenue as Q3 net revenue falls 34%
Coinbase is touting prediction markets as one of its fastest-growing segments even as overall quarterly revenue declined.
Yogonet · +10 outlets
SEC warns prediction markets over insider trading
The warning adds regulatory scrutiny to event contract venues already facing state and federal jurisdictional fights.
Bitcoinist.com · +13 outlets
NYSE plans all-or-nothing options on Nvidia, Apple and Tesla as prediction market volumes hit records
The exchange's proposed binary-style contracts would put traditional market infrastructure in direct competition with event contract platforms.
CryptoRank · +4 outlets

Regulation17 stories ›

CFTC asks federal judge to block Utah's criminal prosecution of Kalshi; Selig vows appeal to Supreme Court
Utah filed 14 criminal charges against Kalshi, and the CFTC is seeking an injunction to stop the state case on the grounds that federal event-contract jurisdict
Legal Sports Report · +12 outlets
Polymarket to halt sports contracts in Michigan under deal with state Gaming Control Board
The agreement makes Michigan the latest state to extract a concession from a prediction market without a court ruling, setting a template for other regulators.
TheLines.com · +14 outlets
SEC eyes enforcement action over prediction market insider trading
The SEC is weighing cases tied to trading on nonpublic information in event contracts, adding a securities-law front to the regulatory fight.
Crypto News · +14 outlets
Kalshi sues Missouri over state regulatory attempts
Kalshi is going on offense against a third state after Utah criminal charges and Michigan's sports-contract settlement, arguing federal jurisdiction over event
Gambling News · +14 outlets
Kalshi raises $1B Series G at $40B valuation, up 82% since May
The round lands as Kalshi fights criminal charges in Utah and suits in multiple states, giving it capital to fund the legal campaign.
FinanceFeeds · +4 outlets
CNBC: suspicious trading in election contracts draws scrutiny on prediction markets
Reported patterns of election-contract trading are feeding arguments for tighter federal oversight of political event markets.
CNBC · +7 outlets