Kalshi
NYSE's owner calls Hyperliquid bigger than NASDAQ
ICE CEO Jeffrey Sprecher said Hyperliquid is "bigger than NASDAQ" by daily volume, and disclosed his team has met its founders multiple times. The DeFi platform controls over 70% of the decentralized perp market and has been trading oil futures on weekends when traditional exchanges are closed. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
Kalshi follows CFTC in suing Minnesota over law criminalizing prediction markets
The Governor of Minnesota signed into law a measure that, starting Aug. 1, makes it a crime to advertise and operate prediction market platforms across the state.
Spain joins growing list of countries shutting out Polymarket and Kalshi
The platforms were blocked for operating without licenses required by Spanish gambling law, citing a lack of safeguards for minors and self-excluded gamblers.
Congress hits Polymarket and Kalshi with a massive insider trading probe
Rep. James Comer is demanding internal records from the prediction market CEOs, warning that government employees could be using classified information to make “huge profits”.
India cracks down on prediction markets: Polymarket goes dark, Kalshi could be next
Polymarket has gone dark in India and as per local media reports, Kalshi could be next.
U.S. CFTC secures deal with National Hockey League on prediction market safeguards
A new arrangement has been set between the derivatives regulator and professional hockey, following on the heels of a similar baseball agreement.
Kalshi confirms $1 billion raise at $22 billion valuation amid prediction market boom
Institutional trading volume surged 800% over the past six months on the platform, while annualized trading activity reached $178 billion despite growing regulatory scrutiny.
The Green Beret was just the start: New data suggests military insider trading crisis on Polymarket
New data shows unusually high win rates in defense bets, building on research that 3% of traders drive prices and under 1% capture most profits.
XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making.
A tiny group is winning on Polymarket as under 1% of wallets take half the profits
After research showed a small minority moves prices, new data suggests an even smaller group captures roughly half of all gains.
