Prediction Markets
Polymarket points to third-party login tool after users report account breaches
The platform attributed the incident to a third-party login provider, which several users speculated was Magic Labs, a popular tool for email-based logins.

Coinbase agrees to buy The Clearing Company to deepen prediction markets push
The deal brings a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.

Prediction markets beat Wall Street in forecasting inflation, Kalshi says
Kalshi's markets aggregate information from diverse traders with financial incentives, creating a "wisdom of the crowd" effect, the platform said.

Prediction markets may offer a tax loophole for gamblers under Trump’s Big Beautiful Bill, Coinbase says
A tax change in Trump’s Big Beautiful Bill may steer gamblers toward blockchain-based prediction markets to reduce their IRS bill, Coinbase said.

DraftKings enters prediction markets with CFTC-approved app for real-world events
The sports-betting giant enters the growing world of event contracts with CFTC-registered DraftKings Predictions in 38 states.

Coinbase files lawsuits in 3 states over attempts to regulate prediction markets
The crypto exchange is taking legal action against Connecticut, Michigan and Illinois, Chief Legal Officer Paul Grewal wrote on X.

Robinhood looks better placed than Coinbase for prediction-market upside, Mizuho says
Robinhood stands to gain more from prediction markets than Coinbase as users plan to deploy fresh capital rather than sell existing crypto, the bank said.

Prediction Markets Are Quietly Turning Into a New Asset Class, Citizens Says
The bank said event markets are still tiny versus stocks but are rapidly expanding beyond sports into macro and policy risk.

Prediction Markets Are Coming to Phantom's 20M User Via Kalshi
Phantom users will be able to chat and trade Kalshi's prediction markets with any Solana-based tokens, CEO said.

CFTC Gives No-Action Leeway to Polymarket, Gemini, PredictIt, LedgerX Over Data Rules
The CFTC granted the operators of Polymarket, PredictIt, Gemini and LedgerX permission to skip certain recordkeeping requirements.

