Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Crypto
Stablecoin Yield Debate Pits Wall Street Against Crypto as US Nears Policy Breakthrough
A potential breakthrough on stablecoin yield signals a shift in US policymakers' approach to crypto market structure, industry experts tell DeFi Rate, with implications for how stablecoins...
Industry
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...
General
Kalshi $1 Billion Perfect March Madness Bracket Deadline Nears
Kalshi is offering $1 billion for a perfect March Madness bracket or $1 million to the best bracket, and another $1 million to two nonprofits. Use code DEFI during registration and submit...
Crypto
Phantom No-Action Letter Could Unlock New Crypto Access Layer for Prediction Markets
The CFTC’s no-action letter for Phantom signals a more flexible approach to crypto interfaces, a former agency lawyer tells DeFi Rate, with implications for how users access derivatives...
US Elections
Texas Senate GOP Race Tightens as Trump Skips Key Endorsement Deadline
Texas Republican Senate runoff odds hold steady across prediction markets — Cornyn leads at 60–62%, Paxton trails at 39–40% — as traders weigh Trump's endorsement fallout and...
Industry
Inside New CFTC Prediction Market Guidance: Milbank Attorneys Weigh In
Milbank, the law firm defending Kalshi in ongoing court battles, offered a behind-the-scenes look at recent CFTC prediction market guidance and what it means for...
Industry
Arizona AG Files Criminal Charges Against Kalshi in Escalating State Battle
Arizona AG Kris Mayes hit the prediction market platform with a 20-count criminal information in Maricopa County, the most aggressive state enforcement action against Kalshi to...
Data
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...
Data
Kalshi Posts Record $2.9B Week on NCAA Basketball Tournaments as Polymarket Dips
Kalshi posted a new volume record for the week of March 9-15, surging to $2.9B on the back of NCAAB conference tournaments. Meanwhile, Polymarket dipped 6% ahead of the March fed...
General
Kalshi Oscars Odds: Best Actor, Actress, Director and Best Picture Right Now
Best Picture is the biggest Oscar market on Kalshi at $17M in volume, with One Battle After Another leading at 77%. Best Supporting Actor is the second-largest at $5.5M, with Sean Penn the...
