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 […]

Polymarket's re-entry into the U.S. prediction market, focusing on sports betting opportunities and decentralized innovation.
Blockchain News

Polymarket’s Bold Re-Entry: U.S. Sports Betting Market Awaits Decentralized Innovation

The landscape of digital forecasting is poised for a significant shift. Indeed, **Polymarket**, a prominent **prediction market** platform, is making headlines with its imminent return to the U.S. market. This development, reported by Bloomberg, signals a strategic pivot towards the burgeoning **U.S. sports betting** sector. Many enthusiasts are eagerly anticipating the platform’s re-launch, which promises […]

A visual representing dYdX perpetuals facilitating crypto betting on Shohei Ohtani's World Series performance, highlighting decentralized sports wagering.
Blockchain News

dYdX Perpetuals: Revolutionary Crypto Betting Arrives for Shohei Ohtani’s World Series Journey

The world of sports wagering has taken a groundbreaking leap forward. Now, fans can engage with the thrilling spectacle of the World Series in an entirely new way. Decentralized exchange dYdX (DYDX) recently announced a pioneering product: dYdX perpetuals for betting on the outcome of the U.S. Major League Baseball (MLB) World Series. This innovative […]

A gavel on a legal desk, symbolizing the Massachusetts Attorney General's Kalshi lawsuit against the prediction market for unlicensed betting services.
Uncategorized

Critical Kalshi Lawsuit: Massachusetts AG Takes Action Against Prediction Market

A significant legal challenge has emerged for the burgeoning prediction market industry. Specifically, the **Massachusetts Attorney General** has initiated a lawsuit against Kalshi, a prominent prediction market platform. This action alleges that Kalshi offered **sports prediction betting** services without proper state licensing. Consequently, this development marks a crucial moment for the regulatory landscape surrounding these […]

A smartphone displaying the Robinhood app interface with football prediction markets, highlighting Robinhood's venture into sports trading.
Uncategorized

Robinhood Unveils Exciting Football Prediction Markets with Kalshi

In a significant move, Robinhood is expanding its financial offerings, venturing into the burgeoning world of event contracts. Specifically, the popular trading platform will soon launch **football prediction markets**. This innovative step bridges traditional finance with the excitement of sports, providing users with a novel way to engage with pro and college football outcomes. For […]