Prediction market guides explain how contracts resolve and pay. Almost none explain what happens when a market never gets that far, because it was voided,...
In brief Robinhood posted record Q2 revenues of $1.31 billion, up 32% year-over-year, beating Wall Street’s estimate of $1.26 billion. Crypto revenue fell 38% year-over-year...
BitMEX’s closure is no longer an isolated event. Within days, BitMart announced its own wind-down, while AscendEX had already confirmed it would cease operations earlier...
In brief A federal judge paused Minnesota’s first-in-the-nation prediction market ban on Monday, days before the felony law was due to take effect. Judge Katherine...
Fanatics agreed on July 27 to acquire Water Street Labs and CX Clearinghouse from BGC Group, giving the sports platform a federally regulated exchange and...
The preliminary injunction allows Kalshi and Polymarket US to continue operating in Minnesota while the court considers their challenge to the state law. A US...
The U.S. Commodity Futures Trading Commission has asked a federal court to expedite its ruling against Minnesota before the state’s prediction-market ban takes effect on...