Competition
Trust the Numbers? What to Do When the Data Is Under Attack
Incoming Fed Chair Kevin Warsh faces a squeeze between political pressure on official data and the rise of alternative metrics, forcing him to defend statistical neutrality.
Kalshi Secures $22 Billion Valuation in Coatue-Led Round
Prediction market platforms are seeing valuations surge as trading volumes grow, with Kalshi doubling to $22B amid intense investor interest.
Kalshi Does No Better Than Experts on Key Jobs Forecasting Test
Prediction markets have yet to outperform traditional economists on crucial U.S. jobs data, challenging their promise of superior crowd-sourced accuracy.
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.
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.
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.
Insider Trading Cases Threaten Reckoning for Prediction Markets
Prediction markets boom amid insider trading allegations, triggering White House skepticism and heightened regulatory scrutiny.
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.
Mandelson Vetting Fiasco Leaves Starmer Looking Like Lame Duck
Keir Starmer's authority is eroding under the weight of the Mandelson scandal, leaving him politically vulnerable ahead of crucial local elections.
Kalshi to Expand Crypto Wagers With Perpetual Futures Push
Kalshi's expansion into crypto perpetual futures marks a strategic shift beyond prediction markets toward sophisticated derivatives trading.
