Key Takeaways Ohio, 38 other states, and Washington, D.C. backed New Jersey’s Supreme Court petition on Oct. 7. The NFL says the CFTC and Kalshi rejected its calls for a 21+ age limit and bans […]
Key Takeaways Coinbase will end sports event contracts in Michigan and close open positions by 12 a.m. ET on Oct. 10. Kalshi and Robinhood have already stepped back; Kalshi faces a $500,000 daily fine if […]
Key Takeaways Ethereum’s price cracked $2,600 on Oct. 7 after six straight days of U.S. exchange-traded fund (ETF) outflows. Myriad gives ETH a 73.7% shot at hitting $3,000 before falling to $1,500. Kalshi’s $2,720 forecast […]
Key Takeaways Kalshi’s 15-minute gold markets traded 539 million contracts in September, against 317 million for Ether. 15-minute markets made 80% of Kalshi’s non-sports fees in the week to Oct. 5, according to InGame. Bitcoin […]
Key Takeaways Don Davis’ bill would bar federal candidates from betting on their own races. Kalshi banned Laurie Buckhout for 3 years, intensifying scrutiny of political betting. FEC would track candidates weekly, under the proposed […]
Key Takeaways Judge Martha Pacold found Kalshi’s title-game contracts are likely swaps under the Commodity Exchange Act. Illinois’ licensing rules and a related criminal provision are likely preempted and cannot be enforced. Judge Says a […]
Key Takeaways Polymarket is running Protocol V2 canary markets from Oct. 5 to Oct. 30 before a tentative Nov. 2 switchover. V2 swaps the 2019 Gnosis token framework for one ERC-1155 contract, pUSD collateral, and […]
Key Takeaways Polymarket is challenging the Dutch ban in court, arguing it sells derivatives rather than bets. The KSA moved to collect a €420,000 ($471,000) penalty after ruling Polymarket blocked Dutch users too late. KSA […]
Key Takeaways Novig says trading volume rose nearly 94% in the 20 days around its Sept. 9 Sydney Sweeney ad. First-time depositors jumped more than 218% and app downloads climbed 187%, co-founder Jacob Fortinsky said. […]
Key Takeaways Bolsonaro defeated Lula in Brazil’s first round, forcing a tight October 25 runoff. Prediction markets correctly foresaw this upset, outperforming flawed national polls. This success cements prediction platforms as superior data engines for […]
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