The prediction market is increasingly becoming a venue to bet on cultural and current events. In the process, it’s becoming a ...

New data shows prediction markets, which have attracted plenty of buzz, are still figuring out a business model.

It’s financing the move through the purchase of an obscure derivatives clearinghouse.

The prediction market Polymarket is set to resume business in the U.S. after a three-year ban, opening access to election ...

Polymarket will acquire QCX, a CFTC-licensed exchange, for $112 million to reenter the U.S. U.S. authorities have dropped ...

In 2022, the Commodities Futures Trading Commission accused Polymarket of having offered illegal trading services. Since then ...

Kalshi, along with PredictIt, currently provides users with the ability to choose "yes" or "no" on events tied to topics such ...

Polymarket exploded into the public eye during the 2024 election between President Donald Trump and President Joe Biden.

The two federal probes, one civil and one criminal, have been formally closed without any charges filed. The company received ...

Federal prosecutors in New York have dropped an investigation into Polymarket, the popular crypto-powered gambling website ...

Crypto platform Polymarket is considering launching its own stablecoin to capture yield from reserve assets currently backing ...

Polymarket would create its own stablecoin to own the yield-generating USD reserves that back the amount of Circle’s ...