NBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal
The US professional basketball league is expanding into prediction markets with official data agreements and safeguards against insider trading.…
Polymarket has reportedly fired its marketing chief, also a close friend of the CEO
Matthew Modabber was reportedly ousted after an internal probe of several instances of misconduct, according to the New York Post. Source:CoinDesk
Polymarket traders see a 10% chance the AI bubble bursts before New Year’s Day
For investors worried that the runaway artificialintelligence trade might be about to hit the skids, prediction markets are already starting to reflect that…
Chasing 100x tokens is game of ‘irrational exuberance,’ says Polymarket CEO
Some traders are looking for more predictable prediction market opportunities, rather than playing “hot potato” with the next 100x gem, according to…
Polymarket overhauls smart contracts with new Protocol V2 rollout
Polymarket begins its Protocol V2 rollout ahead of a planned November transition for new prediction markets, while existing positions remain on the current…
New York sues Polymarket, alleging it is running an illegal gambling operation
The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains. Source:CoinDesk
New York sues Polymarket over alleged illegal gambling business
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an…
Polymarket users referred to prosecutors in South Korea: Report
South Korean police reportedly referred 18 Polymarket users to prosecutors in a gambling probe involving 26 people and $12.7 million in bets.…
Bitcoin gives back Monday's gain as Clarity Act odds fade on Polymarket
Bitcoin fell 1.7% since midnight UTC to $76,862, unwinding a late Monday rally as Polymarket odds on the Clarity Act becoming law this year halved overnight.…
Clarity Act odds surge on prediction markets, but crypto bill still faces long road
Kalshi and Polymarket bettors sharply raised the chances of U.S. crypto market structure legislation advancing, with Tuesday's Senate vote the next test.…
Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps
ESMA said that event contracts may fall under existing EU binaryoptions bans, cryptoasset frameworks like MiCA or national gambling laws. Source:CoinDesk
Polymarket names former Amazon finance chief Warren Jenson as its first CFO
Jenson becomes the prediction market’s first CFO as Polymarket builds its regulated U.S. exchange and global platform. Source:CoinDesk