Prediction Markets

Bitcoin News

Legal battle over Kalshi prediction markets and Arizona gambling charges on trading platform interface.
Bitcoin News

Arizona Gambling Charges: Explosive Legal Battle Erupts as State Targets Kalshi’s Prediction Markets

March 20, 2026 Jackson Miller

PHOENIX, March 18, 2026 – Arizona Attorney General Kris Mayes has initiated a significant legal confrontation by filing criminal gambling charges against Kalshi, a prominent prediction markets platform. This action directly challenges the company’s operational model and ignites a complex debate over state versus federal regulatory authority in the evolving financial technology sector. Arizona Gambling […]

Polymarket acquires Brahma DeFi startup to merge prediction markets with blockchain infrastructure.
Bitcoin News

Strategic Acquisition: Polymarket Buys DeFi Startup Brahma to Fortify Prediction Market Infrastructure

March 19, 2026 Jackson Miller

In a significant consolidation move within the blockchain sector, prediction markets platform Polymarket has acquired decentralized finance infrastructure startup Brahma. This strategic acquisition, announced on March 18, 2026, aims to reduce technical friction for users and enhance liquidity across niche markets. The deal represents Polymarket’s continued expansion despite broader cryptocurrency market fluctuations. Polymarket Acquires Brahma […]

Kalshi CEO Tarek Mansour defends against Arizona criminal charges in a courtroom setting.
Bitcoin News

Kalshi Criminal Charges: CEO Blasts Arizona’s ‘Total Overstep’ in Explosive Legal Battle

March 19, 2026 Jackson Miller

In a dramatic escalation of the regulatory battle over prediction markets, Kalshi CEO Tarek Mansour has forcefully denounced criminal charges filed by Arizona authorities as a “total overstep,” setting the stage for a high-stakes legal confrontation with national implications for the fintech sector. The charges, announced on March 17, 2026, allege the platform operated an […]

US Capitol with a torn prediction market contract representing the BETS OFF Act legislation against war betting.
Bitcoin News

Prediction Markets Face Crackdown: US Lawmakers Unveil BETS OFF Act to Ban Disturbing War Bets

March 19, 2026 Jackson Miller

WASHINGTON, D.C. — In a significant move against a burgeoning financial gray area, U.S. lawmakers introduced legislation on March 17, 2026, aiming to sever the link between geopolitical conflict and profit-driven prediction markets. The proposed Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act directly targets platforms allowing bets on military actions, […]

Laptop and phone showing a news article and prediction market app about an Iranian missile strike.
Bitcoin News

Polymarket Bans Bettors for Threatening Journalist

March 18, 2026 Jackson Miller

March 17, 2026 — Prediction markets platform Polymarket has banned users and reported them to authorities after they threatened an Israeli journalist to alter a news report about an Iranian missile strike. The report was central to resolving a market with over $17 million in wagers. Threats Over a Market Resolution Emanuel Fabian, a military […]

The DEATH BETS Act document in the US Senate chamber targeting prediction markets on war and assassinations.
Bitcoin News

Breaking: Senate’s DEATH BETS Act Targets War Prediction Markets

March 12, 2026 Jackson Miller

WASHINGTON, D.C. — May 21, 2026. U.S. Senator Adam Schiff (D-CA) introduced original legislation today explicitly banning federally regulated prediction markets from offering contracts on war, terrorism, assassination, and individual deaths. The proposed DEATH BETS Act marks a direct congressional response to escalating national security and insider trading concerns surrounding event-contract platforms, particularly following high-volume […]

Financial analyst monitoring traditional stock charts and prediction market platforms side-by-side on trading desk.
Ethereum News

Breaking: Prime Brokers Launch Wall Street Access to Prediction Markets in 2026 Shift

March 12, 2026 Jackson Miller

NEW YORK, March 2026 – Major Wall Street prime brokers are now formally integrating prediction markets into their institutional client offerings, marking a important infrastructure shift for the financial industry. According to a Bloomberg report confirmed by executives this week, Clear Street and Marex Group Plc are preparing to provide their hedge fund and institutional […]

Senator Adam Schiff introduces the DEATH BETS Act to ban prediction markets on war and assassinations.
Ethereum News

Breaking: Senate Bill Targets ‘Death Bets’ in Prediction Markets

March 12, 2026 Jackson Miller

WASHINGTON, D.C. — On Tuesday, April 15, 2026, U.S. Senator Adam Schiff (D-CA) introduced pioneering legislation explicitly targeting prediction markets that allow betting on violent events. The proposed DEATH BETS Act seeks to amend the Commodity Exchange Act, prohibiting federally regulated platforms from listing contracts tied to war, terrorism, assassination, or an individual’s death. This […]