The Defiant·
DraftKings has launched DKeX, a proprietary prediction markets exchange, reporting $3.4 billion in annualized consumer volume as it enters a field increasingly crowded by Kalshi, Polymarket, Meta Arena, and Robinhood.
Read full articleThe ruling highlights the complex interplay between federal and state regulations, potentially complicating operations for prediction markets. The post Michigan judge blocks Kalshi from allowing sports betting in the state appeared first on Crypto Briefing.
Phantom has switched new prediction market positions from Kalshi powered infrastructure to World, adding automatic settlement on Solana. The post Phantom taps World to replace Kalshi for prediction markets appeared first on Crypto Briefing.
The situation raises concerns about the ethical and security implications of prediction markets potentially exploiting insider information. The post Nine Polymarket accounts linked to millions in profits from US military bets appeared first on Crypto Briefing.
The CFTC's expanded probe into Polymarket could set a precedent for regulating off-chain marketing practices in decentralized finance. The post CFTC expands probe into Polymarket over staged trades and fake wins appeared first on Crypto Briefing.
The Commodity Futures Trading Commission is conducting a broad investigation into Polymarket covering staged trades and fake winning bets, Bloomberg reported Friday, advancing the agency’s scrutiny beyond the platform’s prior influencer scheme.
DraftKings' DKeX launch may trigger industry consolidation, reshaping prediction markets by integrating sports betting, finance, and entertainment. The post DraftKings’ DKeX launch could drive M&A wave in prediction markets appeared first on Crypto Briefing.
Pump.fun's revenue decline highlights shifting DeFi dynamics, emphasizing revenue as a key metric over TVL, impacting Solana's ecosystem. The post Pump.fun surpasses Polymarket in 24-hour revenue, reclaiming its DeFi crown appeared first on Crypto Briefing.
Japan's innovative prediction platforms could redefine market engagement, challenging global norms by prioritizing compliance and user interaction. The post Japan’s prediction platforms seek to rival Polymarket using loyalty points appeared first on Crypto Briefing.
