DeFi Rate authorMike Breen
Stories by Mike Breen
101–120 of 159, newest first
- Congress Presses CFTC Chair on Sports Contracts, Insider Risk and Sole Commissioner
House Agriculture Committee members questioned CFTC Chair Mike Selig on sports contracts, insider trading and the agency operating with a single commissioner.
- FanDuel Files New FCM, Racing DraftKings for Full Prediction Markets Stack
FanDuel filed for its own futures commission merchant license as it and DraftKings converge on owning distribution, accounts and exchange infrastructure.
- Minnesota Senate Advances Prediction Market Ban, Challenges Derivatives Classification
A Minnesota Senate committee unanimously advanced a bill making it a felony to operate prediction markets, rejecting the argument that event contracts are futures.
- Polymarket Fee Rollout Drives 10X Revenue Jump; USD Token and Platform Overhaul Ahead
Polymarket's expanded trading fees multiplied its daily revenue without slowing volume, and it plans a USD token, a rebuilt matching engine and a new order book.
- Lawmakers Urge CFTC Crackdown on Offshore Prediction Markets
In letter to CFTC, Democratic members of Congress cite CEA authority to target offshore platforms like Polymarket, as enforcement precedent and U.S. access shape the case for action.
- Fox to Integrate Kalshi Forecasts Across Platforms, Excluding Politics
Kalshi data will appear in branded graphics across Fox News Media platforms as part of a sponsored integration, following similar deals with CNN and CNBC.
- FIFA Names ADI Predictstreet as World Cup 2026 Prediction Market Partner
FIFA’s prediction market partner’s platform remains in pre-launch mode as availability and regulatory questions persist, and World Cup markets take shape across CFTC-regulated platforms in the US.
- Kentucky Leads New State Push to Tax Prediction Markets, Testing Limits of State Authority
Kentucky became the first state to tax prediction market platforms' in-state revenue, with Iowa and Illinois proposing similar taxes that may face legal challenges.
- 14 Prediction Market Bills and Counting Reveal Deep Divisions, Long Odds
This year's prediction market bills in Congress focus on insider trading, war and sports markets and advertising, and analysts call them messaging bills with no path to passage.
- NFL Pushes Kalshi, Polymarket to Limit Manipulation-Prone Sports Markets
The NFL sent letters to regulated prediction market platforms asking them to avoid markets easily manipulated, such as player injuries and announcer mentions.
- PredictIt Rolls Out New Design After Surviving CFTC Shutdown Attempt
The academic political prediction market modernized its interface after its legal battle, but remains outside the commercial model driving industry growth.
- Rep. Seth Moulton Bars Staff From Prediction Markets as New Bills Target Insider Trading
Rep. Seth Moulton is the first member of Congress to bar his staff from prediction markets, as the PREDICT Act targets insider trading by officials and their families.
- Iran Ceasefire Trades Again Spotlight Insider Trading Rules in Prediction Markets
Well-timed Polymarket trades ahead of a US policy shift on Iran have drawn scrutiny and highlight differences in how insider trading is handled across markets.
- Polymarket Publishes Enhanced Market Integrity Rules for US, DeFi Platforms
Polymarket's updated rules target insider trading and manipulation, outlining prohibited conduct on its US and international platforms.
- New Bipartisan Senate Bill Targets Sports Prediction Markets
The bipartisan Prediction Markets Are Gambling Act would ban sports event contracts on CFTC-regulated platforms.
- Prediction Market Land Grab: DCMs, FCMs, and the Race to Control the Stack
A wave of exchange filings and acquisitions has platforms competing to control US prediction market infrastructure. We break down the key players and their strategies.
- Kalshi Rockets From $2B to $22B Valuation in 9 Months Amid Prediction Market Boom
Kalshi has reportedly raised over a billion dollars in a round led by Coatue, as record volume, institutional demand and sports markets drive its valuation sharply higher.
- MLB Partners with Polymarket, Signs First-Of-Its-Kind CFTC Agreement
Partnership and CFTC agreement signal deeper alignment between leagues, prediction platforms, and federal regulators on market integrity monitoring.
- Kalshi and Polymarket Generate Over $200M on Oscars, Calling 19 of 24 Winners
Prediction markets correctly call 19 of 24 Oscar category winners as the role of market-based forecasts expands in awards season.
- CFTC Launches Prediction Market Rulemaking, Issues Guidance Sports Contracts
The CFTC opened a comment period on prediction market regulation and reinforced exchanges' role in policing event contracts.