Sports-based prediction markets app Onyx Odds raises $20 million in round led by Kraken parent Payward
The app will face stiff competition in the prediction markets space, competing with dominant market leaders Kalshi and Polymarket.
World Cup boom sends Polymarket volume up 300% while Kalshi sets open interest records
Kalshi's aggregated OI reached a record $1.16 billion last week, the first time the platform's OI surpassed the trillion-dollar mark.
Charles Schwab is working with Cboe to launch S&P 500 'yes-or-no' binary options contracts: WSJ
The binary contracts would mark the brokerage's first move into prediction-market-style products, a sector that Kalshi and Polymarket already dominate.
Prediction Market Kalshi Eyes IPO as Revenue Hits $2 Billion
Bitcoin Magazine Prediction Market Kalshi Eyes IPO as Revenue Hits $2 Billion Kalshi, the prediction markets platform that has become the dominant force in U.S. event contracts, is in informal talks with investment banks about a potential initial public…
Senate CLARITY Act Faces 3 Blockers With Under 9 Days Until July 4 Recess
Senator Bill Hagerty told FOX Business on June 18 that he still hopes the Digital Asset Market Clarity Act can clear the Senate before the July 4 recess, even while conceding the bill may slip past Independence Day. His optimism lands against a wall of…
Casinos, Tribes, and Unions Urge Senate to Ban Sports Betting From the Clarity Act
A coalition of more than 50 gaming associations, tribal governments, and labor unions submitted a letter to the Senate on June 16, demanding that the Digital Asset Market Clarity Act include explicit language banning prediction markets from offering…
Early Airbnb, DoorDash backer Y Combinator says Clarity Act could bring crypto to 'every' portfolio company
Also a backer of companies like Coinbase, OpenAI, Stripe, Reddit, OpenAI and Kalshi, Y Combinator wants to see Congress pass the CLARITY Act.
Ethereum Foundation Returns to Spotlight Amid Governance and Culture Tensions
The Ethereum Foundation is facing its most concentrated wave of internal criticism in years, eight high-profile departures since January 2026, a contested public mandate, and an open debate over whether the Switzerland-based nonprofit still serves a…
CFTC Approves Bitcoin Perpetual Futures on Prediction Market Kalshi
The CFTC issued an order allowing Kalshi to offer perpetual futures in the US, starting with contracts tied to Bitcoin's price.
CFTC opens door for crypto perpetual future contracts in US as Coinbase, Kalshi move forward
The CFTC opened the doors for perpetual futures contracts, giving way for Kalshi and Coinbase to offer those products.