Authorities stated that using crypto or blockchain doesn’t change platforms that let users wager on uncertain outcomes from being gambling products. www.coindesk.com
Prediction
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Markets
Hyperliquid is emerging as a challenger to traditional exchanges and prediction markets, says FalconX
by shayaanby shayaanA new report shows Hyperliquid is rapidly expanding beyond crypto into pre-IPO markets, prediction contracts, and 24/7 asset trading, putting Wall Street …
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Regulation
U.S. CFTC secures deal with National Hockey League on prediction market safeguards
by shayaanby shayaanIn the midst of its playoffs surge, the top professional hockey league has agreed to coordinate oversight of betting on popular prediction …
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A crypto expert has shared her macro prediction for Ethereum (ETH), warning of an imminent price crash that could see the second-largest …
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Mike Eidlin, head of Japan at cryptocurrency exchange Jupiter, is leading Polymarket’s efforts, according to reports. www.coindesk.com
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Markets
Crypto prediction markets are turning into dangerous national security risks, and Congress wants to ban them
by shayaanby shayaanBubblemaps investigators led by Nicolas Vaiman, discovered 80 bets on Polymarket with a 98% win rate that he said is statistically impossible …
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Markets
Polymarket moves to list parlays while SEC seeks public input on prediction market ETFs
by shayaanby shayaanThe “combinatorial outcome contracts” would resolve if every part of an underlying contract resolved, according to a filing. www.coindesk.com
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Smart Contracts
Minnesota Bans Prediction Markets—And Is Sued By the Trump Admin Hours Later
by shayaanby shayaanIn short Minnesota became the first state to ban prediction markets, making it a crime to operate or advertise such platforms. Hours …
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Regulation
When Will Donald Trump Sign the Clarity Act, the Bullish Cryptocurrency Bill? A Clear Prediction Has Emerged
by shayaanby shayaanGalaxy Research Director Alex Thorn commented on the timeline of the CLARITY Act, a bill regulating the cryptocurrency market in the US. …
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Regulation
US CFTC expands oversight of prediction markets, collaborates with major sports leagues
by shayaanby shayaanThe Commodity Futures Trading Commission is no longer just watching prediction markets from the sidelines. Chairman Mike Selig confirmed on May 12 …