Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Industry
Coinbase Hides Prediction Markets Platform 24 Hours After Leak
Coinbase removed public access to its unreleased prediction markets platform within 24 hours of tech researcher Jane Manchun Wong leaking screenshots on November 18. This marks the second...
Cheryle Shepstone
November 20, 2025
Regulation & Policy
Mike Selig: CFTC Will Lean on Courts To Determine If Sports Event Contracts Are Gambling
Democratic Senators pressed Mike Selig, President Trump’s nomination as the next head of the Commodity Future Trading Commission, about sports event contracts during a hearing before the...
Marcus DiNitto
November 19, 2025
Featured News and Analysis
Will Gambling Tax Deduction Cap Spur Migration To Prediction Markets?
Unless it’s repealed, a new tax provision capping the losses gamblers can deduct at 90% takes effect on Jan. 1, 2026. Meanwhile, prediction markets are rising in prominence. A potential...
Marcus DiNitto
November 19, 2025
Industry
Polymarket CEO Slams DraftKings and FanDuel, Calls Regulatory System a Scam
Polymarket Founder and CEO Shayne Coplan attacked sportsbooks on Tuesday, saying that regulated sports betting is a scam, and called DraftKings and FanDuel a...
Cheryle Shepstone
November 19, 2025
Industry
Tarek Mansour Says Growth Outpacing Early Projections for Prediction Markets
Tarek Mansour, Kalshi’s Chief Executive Officer, said on Tuesday that he expected it would take a decade for prediction markets to reach the levels of stock trading, but it’s coming...
Cheryle Shepstone
November 19, 2025
Industry
PrizePicks Adds Kalshi Deal To Just-Announced Polymarket Partnership
Just days after announcing a deal with Polymarket, PrizePicks has launched prediction markets through a partnership with Kalshi, Polymarket’s main adversary. Kalshi prediction markets are...
Marcus DiNitto
November 14, 2025
Regulation & Policy
Massachusetts Issues Stern Warning To Sportsbooks About Prediction Market Plans
Massachusetts has become the latest to state to warn sports betting licensees about getting too deep into the prediction markets business. In a letter to operators, Massachusetts Gaming...
Marcus DiNitto
November 13, 2025
Regulation & Policy
Polymarket Returns to U.S. with Beta Launch for Select Users
Polymarket has relaunched in a limited beta in the U.S., announcing that it is letting a small number of American users trade contracts on outcomes for sports, politics, pop culture, and...
Brett Collson
November 13, 2025
Featured News and Analysis
Sports Event Contracts Included In FanDuel/CME Group’s Prediction Markets Play
FanDuel’s move into prediction markets is official, as Flutter Entertainment, the sports betting operator’s parent company, and CME Group have announced the launch of the FanDuel...
Marcus DiNitto
November 12, 2025
Regulation & Policy
California Judge Rules Kalshi Operates Under Federal Oversight, Not Tribal Gaming Law
Kalshi has scored another win in its fight to define the future of sports prediction markets. On Monday, a California federal judge refused to block the platform’s contracts in...
Brett Collson
November 11, 2025