Polymarket

Polymarket

Policy

Senate Democrats push prediction market limits, including banning bets on war, death

One Senate Democrat's bill would write the prohibition into federal law even as the CFTC shifts toward a more permissive stance on event contracts.

(Kevin Schmid/Unsplash)

Markets

Polymarket and Palantir team to protect integrity of sports betting as prediction markets face key moment

The new monitoring platform aims to detect suspicious trading as prediction markets face scrutiny over insider information.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)

Videos

Nasdaq teams with Kraken to bring stocks on-chain

Nasdaq announced that it's teaming up with Kraken to distribute one-to-one tokenized versions of public company stocks to customers in Europe and other international markets. Holders would retain the same governance rights as traditional shareholders, including voting and dividends. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Nasdaq teams with Kraken to bring stocks on-chain

Finance

Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ

Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.

Kalshi website on a laptop.

Markets

Polymarket shelves nuclear detonation markets after outcry

Nuclear weapon-themed markets aren’t new on the prediction market platform, but public outcry about the contracts has apparently forced the platform to delete them.

(Ilja Nedilko/Unsplash)

Markets

Suspected insiders make over $1.2 million on Polymarket by betting on U.S.'s Iran strike

The strikes caused bitcoin’s price to fall and oil futures on Hyperliquid to rise over the regional conflict’s consequences.

(Photo by hosein charbaghi on Unsplash/Modified by CoinDesk)

Videos

Polymarket users profit from ZachXBT's investigation

After blockchain sleuth ZachXBT teased an investigation into a crypto firm, insiders seemingly bet heavily on Axiom before the news broke. With wallets netting 7x returns and Axiom admitting they were contacted beforehand, did the subjects of the investigation profit from their own exposure? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

CoinDesk

Markets

Prediction market firms could be making $10 billion in yearly revenue by 2030, Citizens Bank says

The bank said rising volumes, tighter market structure and early institutional engagement are pushing prediction markets beyond their gambling roots toward a new asset class.

Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)

Markets

Polymarket bettors put $3 million on which crypto firm ZachXBT will expose next

Solana app Meteora leads the odds at 43% after the blockchain investigator teased a "major" insider-trading probe set for release on Wednesday.

hackers (Modified by CoinDesk)

Policy

CFTC's Selig opens legal dispute against states getting in way of prediction markets

Commodity Futures Trading Commission Chairman Mike Selig fired a legal warning shot defending his agency's jurisdiction over the event contract space.

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)