NCAA demands CFTC halt sports prediction markets to protect athletes and betting integrity
Bitcoin News

NCAA Demands CFTC Halt Sports Prediction Markets in Urgent Integrity Plea

WASHINGTON, D.C. – March 2025 – The National Collegiate Athletic Association has launched a dramatic regulatory offensive, formally requesting the Commodity Futures Trading Commission to immediately suspend all sports prediction markets. This urgent plea highlights growing tensions between emerging financial technologies and traditional sports governance frameworks. The NCAA’s letter, obtained by multiple news outlets, argues […]

Global prediction markets achieve record $700 million daily trading volume milestone
Bitcoin News

Prediction Markets Shatter Records with Staggering $700M Daily Volume Milestone

Global prediction markets achieved an unprecedented milestone on January 12, 2025, when daily trading volume surged past $700 million for the first time in history. This remarkable figure represents a watershed moment for event contract trading platforms worldwide. According to comprehensive data from Wu Blockchain, the record-breaking activity demonstrates accelerating mainstream adoption of prediction markets […]

Solana prediction market platform Fors beta interface displaying aggregated forecasting data across multiple categories
Bitcoin News

Solana Prediction Market Platform Fors Launches Groundbreaking Beta Service for Aggregated Forecasting

In a significant development for decentralized forecasting, the Solana-based prediction market aggregation platform Fors has officially launched its beta service, marking a pivotal moment for blockchain-powered information markets. This launch, reported by CryptoBriefing on November 15, 2024, introduces a sophisticated system that standardizes prediction data from diverse global domains including politics, sports, macroeconomics, cryptocurrency, and […]

Trove token sale controversy shows alleged rule changes impacting Polymarket investors with significant losses
Bitcoin News

Trove Token Sale Controversy: How Last-Minute Rule Changes Allegedly Devastated Polymarket Investors

In a stunning development that has rocked the prediction market community, the Trove token team faces serious allegations of causing substantial investor losses through last-minute changes to its token sale rules. According to detailed claims from prominent Polymarket trader tsybka, the project abruptly altered deposit receipt deadlines just five minutes before a scheduled conclusion, triggering […]

Document signifying PredictIt CFTC approval for a new exchange, highlighting regulatory oversight in prediction markets.
Press Release

PredictIt Secures Crucial CFTC Approval for Groundbreaking Exchange Launch

In a significant development for the burgeoning prediction market sector, **PredictIt** has announced it received a monumental approval from the U.S. Commodity Futures Trading Commission (CFTC). This landmark decision paves the way for the political betting site to launch a fully regulated exchange. The specific type of exchange remains undisclosed at this time. However, this […]