Reppo lands $20m bet on using prediction markets to fix AI’s data problem
Reppo landed a $20m strategic commitment from Bolts Capital to scale its prediction market protocol and “Datanets,” aiming to turn staked human judgment into high‑quality...
Tag : Markets
New York, Illinois sign EO banning state employees from prediction markets
New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois earlier...
New York, Illinois Ban Government Employees From Insider Trading on Prediction Markets
In brief New York and Illinois banned government employees from using insider information to trade on prediction markets. The moves come as both states challenge...
Coinbase shifts New York prediction markets fight to federal court
Coinbase’s chief legal officer, Paul Grewal, said Wednesday that the company had removed New York Attorney General Letitia James’ prediction markets lawsuit from state court...
New York Sues Coinbase and Gemini Over Prediction Markets, Seeking Billions in Damages
The state of New York filed a pair of high-stakes lawsuits Tuesday against Coinbase and Gemini, arguing the crypto companies violated state gambling laws by...
New York targets Coinbase, Gemini in fresh crackdown on prediction markets
New York’s attorney general has filed lawsuits against crypto exchange operators Coinbase Financial Markets and Gemini Titan for allegedly violating state gambling laws, according to...
Last Week Tonight‘s John Oliver says he won‘t placate prediction markets users
John Oliver, host of HBO’s Last Week Tonight, targeted prediction market platforms on his show’s latest weekly deep dive. In Sunday’s airing of the HBO...
Prediction Markets Expect Prolonged Strait of Hormuz Disruption—And Oil Traders Are Betting Big
In brief Prediction markets show low confidence in a near-term recovery in the oil markets. Despite a ceasefire, shipping disruptions persist in the Strait of...
Charles Schwab, Citadel eye prediction markets expansion move
Charles Schwab has shown interest in entering prediction markets as part of its wider product review. Chief executive Rick Wurster told investors that the company...
Should users be allowed to bet on war and death in prediction markets?
Prediction markets are sold as a way to harness the wisdom of crowds to more accurately forecast the future. But when it comes to the...