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#Prediction markets

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Kalshi Ends Donald Trump Jr.’s Advisory Contract Over 1789 Capital’s Polymarket Investment
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Kalshi Ends Donald Trump Jr.’s Advisory Contract Over 1789 Capital’s Polymarket Investment

Key Highlights: Companies in the prediction-market sector compete for users, trading volume, liquidity and market share. Donald Trump Jr. previously received an equity stake in Kalshi reportedly valued at about $300,000 when he joined the company as a strategic adviser. Democratic lawmakers are challenging prediction markets and the Commodity Futures Trading Commission’s defense of sports-related ...

3 min readRead
Kalshi Ends Donald Trump Jr. Advisory Deal Over Polymarket Conflict of Interest
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Kalshi Ends Donald Trump Jr. Advisory Deal Over Polymarket Conflict of Interest

Key Highlights: Kalshi has officially terminated Donald Trump Jr.’s contract as an advisor. The decision to part ways stems directly from Trump Jr.’s affiliations with competitor platform Polymarket. The move unfolds while prediction market operators face intensifying legal challenges from state regulators over illegal betting allegations. Kalshi Part Ways with Donald Trump Jr. Over Polymarket ...

3 min readRead
Warren Asks What White House Is Doing to Prevent Repeat of Polymarket Trump Bets
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Warren Asks What White House Is Doing to Prevent Repeat of Polymarket Trump Bets

Key Highlights: Democratic lawmakers are scrutinizing the White House’s ethics oversight following an insider-trading case involving a former staffer and event-contract platform Kalshi. Senator Elizabeth Warren raised concerns over Donald Trump Jr.’s advisory roles and business ties, noting the president’s family has deepened ties with the sector. Lawmakers including Senator Catherine Cortez Masto and Representative ...

4 min readRead
Elizabeth Warren Targets Prediction Markets for Crackdown as Senate Banking Chair
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Elizabeth Warren Targets Prediction Markets for Crackdown as Senate Banking Chair

Key Highlights: U.S. Senator Elizabeth Warren and Senator John Curtis raised bipartisan concerns over insider trading and market manipulation on Kalshi and Polymarket election-related contracts. Platforms face increased federal scrutiny over allegations of candidates wagering on their own campaigns and insiders trading on nonpublic polling data. As Warren prepares to chair the Senate Banking Committee, ...

5 min readRead
US Prediction Markets Regulator Issues Demand That Directly Clashes With Courts
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US Prediction Markets Regulator Issues Demand That Directly Clashes With Courts

Key Highlights Kalshi has geofenced users across multiple states—including Nevada, Washington, and Michigan—as regulatory and legal battles escalate nationwide. Recent federal appeals court rulings from the Second and Ninth Circuits have dealt major blows to prediction market platforms, paving the way for state enforcement and tribal restriction enforcements. State officials, including those in Utah who ...

4 min readRead
Pump.fun Co-Founder Alon Cohen Lists Three BD Roles, Adding Prediction Markets to the Roster
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Pump.fun Co-Founder Alon Cohen Lists Three BD Roles, Adding Prediction Markets to the Roster

Key Highlights: Pump.fun developer Baton Corporation is hiring for three business development roles focused on perpetual futures, prediction markets, and an advanced trading terminal. Compensation for these new positions ranges between $200,000 and $1 million, with potential performance-based bonuses added on top. The initiative signals a major product expansion for the Solana token launchpad, marking ...

4 min readRead
White House Considers SEC Proposal to Revise Crypto Broker Rules
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White House Considers SEC Proposal to Revise Crypto Broker Rules

Key Highlights: The SEC is aggressively advancing its digital asset rulemaking independently following stalls in Senate crypto market structure legislation. Regulatory maneuvers align with President Donald Trump’s executive mandate to establish the United States as the “crypto capital of the world.” The CFTC has simultaneously submitted a proposal to the OMB targeting consumer protections and ...

3 min readRead
Sportradar Q3 Revenue Jumps 24% as Prediction Markets Turn Profitable for the First Time
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Sportradar Q3 Revenue Jumps 24% as Prediction Markets Turn Profitable for the First Time

Key Highlights Global sports technology and data supplier Sportradar has officially published its financial results for the third quarter of 2026. The company achieved strong top-line momentum, generating total quarterly revenue of 362. The latest financial performance reflects a notable 24% year-over-year revenue increase. Sportradar Delivers Strong Growth in Q3 2026 Leading global sports technology ...

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Polymarket to Refund $3.9 Million Following Third-Party Script Compromise
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Polymarket to Refund $3.9 Million Following Third-Party Script Compromise

Key Highlights: Polymarket confirmed an October 29 security incident stemmed from a compromised third-party performance-monitoring script that hijacked active user sessions. Total refunds reached $3.9 million, encompassing $2.7 million in direct attack losses and $1.2 million incurred from the subsequent trading pause. The platform stated that 95% of impacted user wallets were refunded in full ...

4 min readRead
Blockchain Revenues Plunge 30% as a New Growth Engine Emerges
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Blockchain Revenues Plunge 30% as a New Growth Engine Emerges

Key Highlights: Institutional adoption and economic utility revenues expanded to capture 30% of aggregate blockchain revenue, climbing by $2.9 billion year over year in the first half of 2026. Real-world asset (RWA) perpetual trading gained significant market share, with tokenized equities representing 55% of volume and overtaking gold, alongside massive off-hours activity on Robinhood Chain. ...

6 min readRead
Kenya Considers Dedicated Licence for Prediction Markets Under Updated Gambling Framework
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Kenya Considers Dedicated Licence for Prediction Markets Under Updated Gambling Framework

Key Highlights: Kenya’s Gambling Regulatory Authority is considering a specialized licensing framework for prediction market platforms. The dedicated regulatory category is targeted for implementation within the authority’s 2026/27 licensing cycle. Several operators have already formally signaled interest in securing official approval under the proposed regime. Kenyan Regulator Eyes Dedicated Rules for Prediction Markets Kenya’s Gambling ...

3 min readRead
Polymarket Restores Trading and Pledges Refunds After Estimated $2.7M Breach
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Polymarket Restores Trading and Pledges Refunds After Estimated $2.7M Breach

Key Highlights: Polymarket has restored trading on its international platform following a security breach traced to an external third-party service provider. Blockchain analytics platform Bubblemaps estimated that roughly $2.71 million was drained across 712 deposit wallets and redirected toward attacker-controlled addresses. Polymarket pledged full reimbursement for affected traders, though a formal timeline and claims procedure ...

3 min readRead