Crypto.com and Novig Sue Missouri to Keep Offering Sports Contracts
Crypto.com’s exchange and Novig sue Missouri over sports event contract restrictions, arguing federal commodities law preempts state wagering rules.
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Polymarket
Blockchain.com Seeks U.S. Approval to Bring Prediction Markets to Americans
Blockchain.com seeks CFTC licenses for U.S. prediction markets and crypto derivatives as it expands its offerings and prepares for a potential IPO.
New York Sues Polymarket Over Unlicensed Gambling, Seeks Ban
New York sues Polymarket for allegedly operating unlicensed gambling and seeks to block the prediction market from doing business in the state.
Polymarket Faced $10M Fraud Attack as Execs Chased Growth
Polymarket reportedly faced a $10 million debit card fraud attempt and a separate account breach as compliance scrutiny grows ahead of a funding push.
CLARITY Act's Crypto Odds Sink to 18% After Democrats Reject Deal
Senate Democrats counter the GOP’s CLARITY Act offer as ethics disputes threaten today’s cloture vote and could delay the crypto bill.
LeBron James Teases Polymarket Deal After $273M Bet on His Move
LeBron James teased a football-focused Polymarket partnership weeks after prediction markets handled $273 million in contracts tied to his 76ers move.
Baltimore Sues Kalshi and Polymarket Over Unlicensed Sports Betting
Baltimore sues Kalshi and Polymarket over alleged illegal sports betting, with Coinbase, Robinhood and Webull also named in the city’s Kalshi case.
Chainlink Folds Functions and Automation Into Unified CRE Workflows
Chainlink announced on Thursday via X that Chainlink Functions & Automation have officially upgraded from being stand-alone services to CRE workflows.
Polymarket Seeks Fresh Funding at $20 Billion Valuation
Polymarket is reportedly seeking fresh funding at a $20 billion valuation as its annualized revenue exceeds $1 billion and prediction markets expand.
Prediction Market Trading Volume Hits Record $50.6 Billion in July as World Cup Drives Surge
Prediction market trading volume reached a record $50.59 billion in July as the FIFA World Cup boosted activity, with Kalshi leading growth despite ongoing U.S. regulatory challenges.
Binance.US to Seek CFTC License for Prediction Market Platform Next Month
Binance.US plans to apply for a CFTC license in August to launch a regulated prediction market platform offering futures, options, and event contracts.
Federal Judge Blocks Minnesota's Prediction Market Ban
A federal judge has temporarily blocked Minnesota's prediction market ban, allowing Kalshi and Polymarket to continue operating while a legal challenge over federal jurisdiction moves forward.