Prediction Market Volume Reaches Record $50.59B in July Led by Kalshi and Polymarket
Crypto Kalshi and Polymarket platforms recorded a combined $50.59B in July trading volume, driven by FIFA World Cup markets despite ongoing legal disputes.
Prediction Market
Cboe Unveils First S&P 500 Prediction Market Contracts
Cboe launches Cboe Predicts, introducing binary prediction market contracts tied to the Mini-S&P 500 Index.
Coinbase Pushes CFTC to Keep Prediction Market Rules Intact
Coinbase urges the CFTC to preserve existing prediction market rules, arguing current law already covers event-based contracts under federal oversight.
Hyperliquid Launches Prediction Market on Mainnet
Hyperliquid launches prediction markets through HIP-4, introducing fully collateralized binary contracts alongside perpetual trading.
CFTC Sues New York Over Prediction Market Rules Clash
CFTC sues New York to block gambling law enforcement on prediction markets, citing exclusive federal authority over event contracts.
Kalshi and Polymarket Discuss $20B Valuation Rounds
Kalshi and Polymarket discuss new funding that could value both prediction market platforms near $20B.
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