Business
SEC Chief Atkins Pumps the Brakes on Prediction-Market Funds
SEC delays prediction-market ETFs, signaling caution about stretching the $15T wrapper to event contracts despite industry's push for novel products.
Underdog Hires Former Head of Crypto.com Prediction Exchange
Underdog's hiring of a Crypto.com veteran and acquisition of CFTC licenses signals a strategic push to dominate the sports prediction market amid regulatory battles.
Clear Street Signs Up to Kalshi in Prediction Markets Push
Prediction markets are gaining institutional legitimacy through partnerships like Clear Street and Kalshi, bridging retail popularity with Wall Street sophistication.
CFTC Reviews Trader Data Report as Kalshi Expands in Commodities
The CFTC is reviewing its key trader-position reports as prediction markets like Kalshi expand into commodities, creating a regulatory gap in data transparency.
Kalshi, Polymarket Face New Rival in Crypto’s Hottest Exchange
Hyperliquid's expansion into prediction markets challenges Kalshi and Polymarket by leveraging its integrated multi-asset platform to blur the lines between derivatives and event trading.
Polymarket Seeks CFTC Blessing to Bring Main Exchange Back to US
Polymarket is seeking CFTC approval to reopen its main exchange to US users, a move that could accelerate the industry's growth amid ongoing regulatory uncertainty.
Let Candidates Place Bets on Themselves — at Least Sometimes
Prediction markets banning candidates from betting on their own races raises questions about whether such wagers truly threaten electoral integrity or merely signal confidence.
Most Prediction Market Traders Are Losing Money While Bots Rack Up Gains
Prediction markets are promoted as a side hustle, but data shows most retail traders lose money as automated bots capture profits.
Business school professors’ picks: discussion on Prediction Market
Prediction markets are scaling rapidly, but concerns over financial exploitation and regulatory gaps challenge their legitimacy.
France Probes Weather Data Glitch After Surge in Polymarket Bets
Prediction markets are booming, raising concerns about manipulation of critical data like airport weather sensors used for betting settlements.
AI Pioneers Back Startup Building Models to Predict Events
AI forecasting startups like Sooth Labs emerge amid prediction market boom, offering businesses new tools for geopolitical and market risk assessment.
Polymarket Loses Prediction-Market Lead After Delays, Blowback
Polymarket's disruptive, crypto-native strategy is hindering its US expansion, allowing the more regulator-friendly rival Kalshi to overtake it in trading volume and valuation.