Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Industry
Ohio Regulators Move to Fine Kalshi $5 Million, Could Fuel Appeal
The Ohio Casino Control Commission (OCCC) is escalating enforcement action against Kalshi, announcing intentions to impose a $5 million fine for what it characterizes as “conducting...
Regulation & Policy
Minnesota Senate Advances Prediction Market Ban, Challenges Derivatives Classification
A Minnesota Senate committee unanimously advanced legislation Tuesday that would ban offering prediction markets in the state, sending SF 4511 to the Senate Finance Committee as one of the...
Regulation & Policy
Beshear Veto Blocks Prediction Market Crackdown in Kentucky But Override Threat Looms
Kentucky Gov. Andy Beshear has vetoed a bill that would have threatened sanctions for gambling licensees who offered prediction markets to people in the state. While the Kentucky...
Industry
DHS Shutdown Becomes Longest Ever as Traders Price Prolonged Stalemate
The ongoing partial shutdown of the Department of Homeland Security has become the longest in U.S. history, and prediction markets are treating it as a core macro story rather than a niche...
Industry
Polymarket Fee Rollout Drives 10X Revenue Jump; USD Token and Platform Overhaul Ahead
Polymarket is rapidly increasing how much revenue it captures from its international prediction market platform, as it expands trading fees across more markets types. Data from Dune...
Crypto
Clarity Act Advances as Experts Warn of ‘Fragility at the Edges’
As negotiations around the Clarity Act quietly move forward, experts say the public debate over stablecoin yield is missing deeper tensions related to “micro-level fragility”...
Industry
CFTC Win Pauses Arizona Case Against Kalshi, Sets Stage for Ninth Circuit Appeal
US district judge Michael Liburdi indicated on Friday that he would grant the Commodity Futures Trading Commission’s request for a temporary restraining order (TRO) preventing Arizona...
Featured News and Analysis
Kalshi Notches Record $3.5B Volume, with $545 Million Coming in From Masters
The week of April 6–11 was the strongest yet for prediction markets, driven by The Masters and a combination of US election races and geopolitical events. Kalshi posted an all-time best...
US Elections
Swalwell Odds Plummet from 35% to 1% Before Dropping Out of CA Governor Race
The Rep. Eric Swalwell sex scandal firestorm hasn’t just rattled California politics, it has instantly rearranged the prediction markets odds boards on the state’s high-profile...
US Elections
California Governor Race Tops $15M in Trading, Hinges on Who Survives June Primary
The 2026 California primary race for governor is wide open and already drawing serious money on prediction markets. Gov. Gavin Newsom is term-limited and eyeing a 2028 presidential...
