Kalshi
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.
CFTC sues Wisconsin in agency's legal campaign defending prediction markets authority
The U.S. Commodity Futures Trading Commission added Wisconsin to the list of states it's sued over event-contract jurisdiction, most recently New York.
U.S. CFTC adds New York to string of states its suing to stop prediction market pushback
The federal regulator has been suing states that seek to curtail prediction markets activity and claim it should be deemed state-regulated gaming.
Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com
The state's complaint highlights language used by prediction market platforms as language for gambling, not investing.
Kalshi flags more insider trading cases, including politician who appeared on FBoy Island
The prediction market platform, which has been caught in the middle of a regulatory battle between the feds and the states, is seeking to demonstrate strong controls.
U.S. CFTC's Selig says AI has helped make up for staffing cuts at key crypto watchdog
Chairman Mike Selig faces explosive new market duties with crypto and prediction markets, where he said "numerous investigations" have begun.
Prediction market volumes to hit $1 trillion by 2030 with Robinhood, Coinbase as key players, Bernstein says
The broker said prediction markets are scaling into a trillion-dollar asset class, driven by regulatory clarity, crypto rails and distribution via major trading platforms.
CFTC Chair Mike Selig argues for agency's 'exclusive regulatory authority' in prediction markets fight: State of Crypto
Selig said states do not have the ability to police prediction market providers, echoing his agency's stance as it pursues court cases to cement its authority.
Market structure bill delayed as crypto, banks meet lawmakers
Crypto and banking leaders are meeting with legislative staffers to hash out the future of U.S. stablecoins. The market structure bill is now delayed again and the fight over yield isn't the only hurdle as lawmakers finalize on DeFi regulations and concerns over President Trump's family crypto projects. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
