Prediction Markets
Trump Inches Closer to Harris on Polymarket as Betting Passes $1 Billion
Kamala Harris only leads by one percentage point on the prediction market, but is expected to carry most of the swing states.
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge
The prediction market would use the potential token "as a way for users to validate the outcome of real-world events," the Information reported. It's unclear what that would mean for UMA, the oracle Polymarket uses.
Caroline Ellison Most Likely Won't Serve Time, Polymarket Traders Bet
Plus: the market is skeptical about Qualcomm's Intel deal; prediction markets were in vogue at Token2049 in Singapore.
Prediction Markets Go to Washington('s Appeals Court)
A federal appeals court will consider the CFTC's ongoing efforts to keep political prediction markets from launching.
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.
U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
The U.S. derivatives regulator's legal battle with the prediction markets is currently winding its way through an appeals court.
A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation
Unlike industry leader Polymarket, Limitless isn't focusing on the election. It's carving out a niche with bets that expire quickly and with user-created markets.
Second Assassination Attempt Barely Moves Trump's Polymarket Odds
Nearly $1 billion has been staked on the election at the crypto-based prediction market. Plus: are you ready for 20x leveraged election betting?
'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court
The regulator asked the court to extend the pause of Kalshi's political prediction markets for as long as the agency's appeal is pending.
Even Temporarily Blocking Election Contracts Risks 'Irreparable' Harm, Kalshi Argues
Kalshi wants an appeals court to let it trade political prediction markets while the CFTC appeals its court loss.
