Industry
PrizePicks Entering Prediction Markets with Polymarket Partnership
PrizePicks and Polymarket are teaming up to launch a new prediction markets platform. The news follows an announcement by PrizePicks in September that its Performance Predictions II...
Marcus DiNitto
November 11, 2025
Featured News and Analysis
Sen. Addabbo: New York State Can’t ‘Wait on Sidelines’ To Address Prediction Markets
While a bill has been filed in the New York State Assembly to restrict prediction markets on multiple fronts, Senator Joseph Addabbo’s support is critical to its passage. Assemblyman...
Marcus DiNitto
November 11, 2025
Industry
ProphetX Seeks CFTC Approval to Become First Sports-Focused Prediction Exchange
ProphetX, a sports prediction platform currently operating under a sweepstakes model, has filed applications with the U.S. Commodity Futures Trading Commission (CFTC) to register as both a...
Brett Collson
November 10, 2025
Industry
Despite Regulatory Risk, DraftKings To Launch Sports Contracts on Prediction Markets Platform
DraftKings is done waiting for California and Texas to legalize sports betting, announcing in advance of its Q3 earnings call that it plans to launch a predictions markets platform that...
Marcus DiNitto
November 7, 2025
Featured News and Analysis
Schwab CEO Warns: Prediction Markets Are Making Gambling Look Like Investing
Prediction markets are dangerously blurring the line separating gambling and investing, Schwab CEO Rick Wurster cautioned this week. CFTC-approved prediction markets can certainly be used...
Marcus DiNitto
November 6, 2025
Industry
Kalshi, Polymarket Align Simultaneously With Google Finance
Prediction market rivals Polymarket and Kalshi have both struck partnerships with search engine behemoth Google. The deals are part of a broader announcement by Google that it is upgrading...
Marcus DiNitto
November 6, 2025
Investments
Crypto.com Pushing Further Into Prediction Markets Via Hollywood.com Partnership
Crypto.com is partnering with Hollywood.com to launch an entertainment-based prediction market that will facilitate trades related to films, TV shows, music, awards shows, Broadway shows...
Marcus DiNitto
November 4, 2025
Featured News and Analysis
When Words Become a Market: The Problem With Turning Speech Into Something You Can Bet On
Brian Armstrong didn’t break the financial system. He didn’t crash Coinbase’s stock, he didn’t announce a surprise acquisition, and he didn’t reveal a new token launch. All he did...
Brett Collson
November 4, 2025
Finance & Earnings
Balancer Hacked for $128M – What Happened?
Balancer, the popular Automated Market Maker (AMM) and decentralized liquidity protocol, suffered a major hack early Monday morning around 9:30 a.m. UTC. Attackers drained about $128...
Alejandro Miguel
November 3, 2025
Finance & Earnings
Coinbase CEO Says Earnings-Call Stunt Was ‘Fun’ After Triggering Prediction Markets
Brian Armstrong, the chief executive of Coinbase Global, brushed off a viral moment from the company’s latest earnings call, writing on X that the episode “was fun” and “happened...
Cheryle Shepstone
October 31, 2025
Finance & Earnings
Fed Cuts Rates Again as Powell Keeps Markets Guessing; Bitcoin Dips 2%
The US Federal Reserve lowered interest rates today by 0.25%, bringing them down to 3.75% to 4%. The decision wasn’t unanimous, with 10 members voting in favor and two voting...
Alejandro Miguel
October 29, 2025
Industry
Trump Media Enters Prediction Market Space With Launch of Truth Predict
President Donald Trump’s media company, Trump Media, has announced that it is heading into the prediction markets space, competing with the likes of Kalshi and Polymarket. The new...
Alejandro Miguel
October 28, 2025