Prediction Markets
Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.
Kalshi taps DoubleZero for Wall Street-style high-speed data feed
Kalshi is looking to meet institutional demands by adding DoubleZero data to its order book.
FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off
The flight-tracking company voluntarily dismissed, without prejudice and without sharing a motive for its decision. However, the flight cancellation market never took off with Kalshi users.
FlightAware sues Kalshi over bets on flight cancellations
The flight-tracking company alleges Kalshi used its data and trademark without permission to settle contracts on canceled flights.
How a five-second trick let traders drain millions from Polymarket
After months of public warnings from onchain analysts, the prediction market is moving to time-weighted prices to make artificial price pushes too costly.
Polymarket targets $20 billion valuation as competition heats up in prediction market sector
The blockchain-based prediction markets platform is reportedly returning to investors months after a $15 billion funding round.
SEC's Hester Peirce’s parting advice for crypto
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the current state of crypto and the industry's evolution before digging into the George Santos CFTC settlement and the ColdCard hardware wallet hack. They are joined by SEC Commissioner Hester Peirce, who is departing the agency for academia after nearly a decade of service. Peirce reflects on the legacy she hopes to leave and shares a piece of parting advice for the industry. Plus, insights into what the SEC can and can't do on crypto rulemaking if the CLARITY Act fails, though she remains “optimistic” that the bill will pass. And, Rebecca and Renato name Senators Thom Tillis (R-NC) and Ruben Gallego (D-AZ) as their bipartisan Person of the Week for the ethics compromise they delivered to the White House. - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at realfi.co.
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.
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).
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.
