Polymarket

NCAA urges CFTC to pause college sports prediction markets
The group says contracts mirror sports betting but lack safeguards, warning transfer portal markets could pose “catastrophic” risks to student athletes.

New Polymarket bettor places $40,000 on U.S. striking Iran tonight
One trader went against the current trend of low chances for a strike tonight by placing the new $40,000 bet.

Ukraine blocks Polymarket in wider online gambling crackdown
Polymarket is already restricted in 33 countries.

Tennessee orders Kalshi, Polymarket and Crypto.com to cease sports betting contracts
The firms, federally regulated by the CFTC, were told to shut down Tennessee-based activity, refund deposits, and void open contracts by Jan. 31.

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.

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.

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.

Most Influential: Shayne Coplan
Once mired in legal trouble that included federal probes and law enforcement raids, Polymarket founder and CEO Shayne Coplan has emerged victorious this year, casting off the yoke of regulatory scrutiny and growing the prediction market he founded into a $9 billion betting empire.

Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
The chief executives of firms such as Gemini and Kraken will pitch in on U.S. policy efforts through the council's future, public discussions.

Polymarket Hiring In-House Team to Trade Against Customers — Here's Why It's a Risk
The prediction market’s move toward internal market making could blur the line with sportsbooks and undermine the platform’s neutrality, experts warn.

