Prediction market giant Polymarket suffered a security breach after attackers drained roughly $700,000 from an internal wallet connected to the platform’s Polygon infrastructure. The …
Latest in Kalshi
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Web3 Gaming
Kalshi and Polymarket Lose Attempts to Block Gambling Lawsuits in Nevada and Washington
by Terron Goldby Terron GoldPrediction market platforms Kalshi and Polymarket suffered a major legal setback after courts denied their attempts to pause gambling-related enforcement actions in both Nevada and Washington state. …
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Web3 Gaming
CFTC and NHL Strike Deal to Protect Sports Prediction Markets From Insider Manipulation
by Terron Goldby Terron GoldThe U.S. Commodity Futures Trading Commission (CFTC) has reached a new agreement with the National Hockey League (NHL) aimed at protecting the integrity of …
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U.S. Regulation
CFTC Eases Prediction Market Rules With New No-Action Letter
by Terron Goldby Terron GoldThe U.S. Commodity Futures Trading Commission (CFTC) has issued a major no-action letter that significantly streamlines compliance requirements for prediction …
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Web3 Gaming
Kalshi Hits $22 Billion Valuation After Massive $1 Billion Funding Round Led by Coatue
by Terron Goldby Terron GoldPrediction market giant Kalshi has officially reached a staggering $22 billion valuation after securing a new $1 billion Series F funding round led by …
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U.S. Regulation
Wisconsin Sues Kalshi Coinbase Polymarket Robinhood and Crypto.com Over Illegal Sports Betting Claims
by Terron Goldby Terron GoldThe state of Wisconsin has filed a sweeping lawsuit against Kalshi, Coinbase, Polymarket, Robinhood, and Crypto.com, accusing them of facilitating illegal sports betting through …
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CrimeU.S. Regulation
US Soldier Accused of Using Classified Intel for Polymarket Trades Was Blocked by Kalshi
by Terron Goldby Terron GoldA U.S. Army Special Forces soldier, Gannon Van Dyke, is at the center of a major insider trading case after allegedly using classified …
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U.S. Regulation
Kalshi Fines and Suspends Three Congressional Candidates for Betting on Their Own Elections
by Terron Goldby Terron GoldPrediction market platform Kalshi has fined and suspended three U.S. congressional candidates after determining they engaged in “political insider trading” by placing bets …
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Blockchain
Kalshi Taps Pyth to Launch Commodities Hub With Gold Oil and Lithium Markets
by Terron Goldby Terron GoldPrediction market platform Kalshi is expanding deeper into real-world financial markets by integrating Pyth Network to power a new commodities hub featuring assets like gold, …
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Lifestyle
Fox Integrates Kalshi Data Into News Broadcasts, Bringing Prediction Markets to Mainstream Media
by Terron Goldby Terron GoldFox Corporation is taking a major step toward reshaping how news is consumed by integrating real-time prediction market data from Kalshi across its …
