US Elections
Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown's Foe
Crypto-fan candidate Bernie Moreno has caught up in Ohio polls as the industry's cash outpaces other PACs in one of the key U.S. Senate races that may decide the majority.
By Jesse HamiltonSep 26, 2024
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge
The prediction market would use the potential token "as a way for users to validate the outcome of real-world events," the Information reported. It's unclear what that would mean for UMA, the oracle Polymarket uses.
By Marc HochsteinSep 23, 2024
Caroline Ellison Most Likely Won't Serve Time, Polymarket Traders Bet
Plus: the market is skeptical about Qualcomm's Intel deal; prediction markets were in vogue at Token2049 in Singapore.
By Sam ReynoldsSep 23, 2024
Prediction Markets Go to Washington('s Appeals Court)
A federal appeals court will consider the CFTC's ongoing efforts to keep political prediction markets from launching.
By Nikhilesh DeSep 20, 2024
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.
By Nikhilesh DeSep 19, 2024
Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey
The former president and Republican nominee sent the transaction with the help of PubKey staff.
By Nikhilesh De, Aoyon AshrafSep 18, 2024
U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
The U.S. derivatives regulator's legal battle with the prediction markets is currently winding its way through an appeals court.
By Jesse HamiltonSep 17, 2024
A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation
Unlike industry leader Polymarket, Limitless isn't focusing on the election. It's carving out a niche with bets that expire quickly and with user-created markets.
By Marc HochsteinSep 17, 2024
Second Assassination Attempt Barely Moves Trump's Polymarket Odds
Nearly $1 billion has been staked on the election at the crypto-based prediction market. Plus: are you ready for 20x leveraged election betting?
By Sam ReynoldsSep 16, 2024
'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court
The regulator asked the court to extend the pause of Kalshi's political prediction markets for as long as the agency's appeal is pending.
By Marc HochsteinSep 15, 2024
