Prediction Markets
Jamie Dimon signals JPMorgan entry into prediction markets as competition surges
JPMorgan is weighing a move into prediction markets as crypto firms, startups and rivals like Goldman Sachs race to dominate the fast-growing sector.
Polymarket trader exploits UFC blunder, turns $676 into $67,000 in under a minute
The episode underscores how quickly prediction market prices can whipsaw on live-event errors.
Washington sues Kalshi as states ramp up legal pressure against prediction markets
The Washington state attorney general alleged Kalshi offers "gambling products" products dressed up as prediction markets in a lawsuit Friday.
Kalshi secures license to offer margin trading to institutional investors
Margin feature is a departure from traditional prediction markets, which typically require fully collateralized positions, and comes as the industry sees growing trading volumes and investment.
NYSE owner doubles down on Polymarket with fresh $600 million investment
The parent company of the New York Stock Exchange is cementing its bet on the future of prediction markets, bringing its total commitment to nearly $2 billion.
Retail traders fare worse on prediction markets than sportsbooks
A new report from Citizens JMP says median losses are deeper on prediction platforms as retail traders face sharper, better-capitalized counterparties
BitGo, Susquehanna Crypto offering institutional OTC access to prediction markets
New partnership lets hedge funds and other large investors trade event contracts using crypto collateral held on BitGo’s platform.
Prediction market boom spurs new VC fund backed by Polymarket, Kalshi CEOs
The fund, called 5c(c) Capital, is aiming to raise $35 million to fund startups tied to the rapid growth of event-based trading markets.
If one trader can force the outcome of a prediction market, it shouldn’t be tradable
By hosting manipulable contracts, prediction markets swap their long-term credibility for short-term engagement.
The 5-cent contract that debunked a wartime death conspiracy
When social media declared Netanyahu dead, crypto prediction markets priced it at 5%. The money was right — and Washington wants to shut it down.
