Prediction Markets

Prediction Markets

Tech

The future of crypto payments won't include on-ramps or bridges, Fun CEO says

Alex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract away blockchain complexity for users.

Projects competing to become the dominant "layer 2" network atop Ethereum are now competing to become networks of networks. (Unsplash)

Markets

World Cup bets smash records as prediction markets hit $20 billion in volume

Markets ranged from the simple question of who would win the tournament to whether Cristiano Ronaldo would cry when Portugal were eliminated (he did).

2026 FIFA World Cup winners Spain (Getty Images)

Policy

Kalshi, Polymarket win pause against Minnesota's prediction market ban

A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act.

CFTC's Mike Selig participates in a panel discussion during Consensus Miami 2026

Markets

Fanatics buys regulated exchange in bid to grow prediction markets business

The deal gives Fanatics control of its own prediction market infrastructure as event-based trading gains traction across sports, finance and crypto.

CoinDesk

Policy

U.S. regulator warns prediction markets against cutting corners in event contracts

The Commodity Futures Trading Commission again issued an advisory that signals firms have been straying into cookie-cutter self-certification.

CFTC HQ

Policy

Polymarket to challenge France’s nationwide website block

France’s regulator has said the platform still promoted illegal gambling and cited loss, identity-check and market-manipulation risks.

Polymarket CEO Shayne Coplan (Polymarket)

Policy

Kalshi rolls out Midterm Hubs ahead of the November elections in the U.S.

The prediction markets platform seeks to position itself as the primary source for election odds ahead of the midterm elections this year.

U.S. elections (Joshua Woroniecki/Unsplash)

Finance

Hyperliquid plans to add decentralized prediction markets in upgrade to HIP-4

Permissionless prediction markets will become available first on testnet and later on mainnet, Hyperliquid said.

Hyperliquid founder Jeff Yan

Policy

U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court

The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.

CFTC's Mike Selig participates in a panel discussion during Consensus Miami 2026

Finance

Prediction markets just crushed traditional sportsbooks in a massive $50 billion World Cup breakout

Prediction markets just topped $50 billion in monthly volume, capping off the first month of the 2026 FIFA World Cup.

(Fauzan Saari/Unsplash)