Polymarket Installs Jump 1,200% as Crypto Loses $150B – Are Crypto Traders Done With Tokens?
Polymarket sees 1200% install surge amid $150B crypto crash. Are traders moving away from tokens? Analysis of prediction market trends.
Kalshi
Native American Tribes Claim Kalshi Prediction Markets ‘Siphon’ Money From Casinos
Connecticut tribes claim Kalshi prediction markets siphon casino revenue in amicus brief supporting state crackdown. Read the latest crypto market analysis.
Massachusetts judge bars Kalshi from offering sports bets: Report
A Massachusetts judge has issued a preliminary injunction blocking prediction market platform Kalshi from offering sports bets, siding with state regulators who view the platform as an unlicensed sportsbook.
Massachusetts Can Ban Kalshi Sports Markets for Now, Judge Rules
Massachusetts judge grants a preliminary injunction, potentially forcing Kalshi to stop offering sports-related prediction markets in the state by Friday, highlighting ongoing regulatory challenges in the DeFi space.
Prediction market volume hits record $702M despite recent scrutiny
The prediction market has reached a record high of $702 million in trading volume, with Kalshi dominating the market. This surge in volume indicates a growing interest in decentralized betting and forecasting platforms.
Tennessee Judge Pauses State Case Against Prediction Market Kalshi
A federal judge in Tennessee has temporarily blocked state regulators from taking enforcement action against prediction market platform Kalshi, highlighting the ongoing regulatory challenges in the industry.
Court temporarily stops Tennessee from taking action against Kalshi
A federal court has temporarily blocked Tennessee from enforcing restrictions against Kalshi, allowing the prediction market to continue operating. This case could set a precedent for crypto-based financial products.
Tennessee Demands Polymarket, Kalshi and Crypto.com End Sports Prediction Markets
Tennessee orders Polymarket, Kalshi, and Crypto.com to shut down sports prediction markets and refund pending wagers, highlighting regulatory challenges for decentralized platforms.
Tennessee Orders Kalshi, Polymarket, and Crypto.com to Halt Sports Betting Contracts
Tennessee orders Kalshi, Polymarket, and Crypto.com to halt sports betting contracts, marking a significant regulatory development in the crypto sports betting space.
Tennessee sends cease-and-desist letters to Kalshi, Polymarket, Crypto.com
Tennessee regulator sends cease-and-desist letters to Kalshi, Polymarket, and Crypto.com, citing alleged securities law violations.