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Prediction markets are scaling before the law catches up

Prediction markets are growing faster than the legal system can define them. That is the real story right now. The category is moving into...

Polymarket Trader Makes $67K After UFC Winner Mix Up

A Polymarket trader made $67,608 after a brief UFC announcer mistake changed the market during a live fight. The trader spent $676 on low...

Washington State’s Kalshi lawsuit shows prediction markets are becoming a federal-state power struggle

When a platform wants to look like both a trading venue and a place where you can “bet on anything,” a legal fight is...

Market intelligence is changing on Wall Street: Cathie Wood is using prediction markets and buying Circle on weakness

Cathie Wood's latest moves matter less because they are "classic Cathie" and more because they show how investment research itself is changing. In the...

Kalshi Faces Fresh Nevada Block After Appeals Court Setback

Kalshi faces a more immediate block in Nevada after a federal appeals court denied its emergency request to stop lower court action. As a result,...

From crypto donations to war bets, lawmakers are redrawing the line between markets and democracy

Crypto isn’t just a trading story anymore. In the UK, senior MPs are calling for a ban on political donations made in crypto over...

Kalshi Takes Major Ohio Hit in Sports Betting Lawsuit

Kalshi suffered a setback in its Ohio sports betting lawsuit after a federal court denied the company’s request for a preliminary injunction. The ruling...

Lawsuit: Polymarket and Kalshi face a reality check as growth meets governance risk

Prediction markets used to feel like a strange corner of the internet. A place where people traded probabilities on elections, sports, or odd geopolitical...

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