The U.S. Commodity Futures Trading Commission has signed a memorandum of understanding with the National Hockey League to oversee prediction market betting, enhancing integrity measures against fraud and insider trading. #Update #Legal $USDT
Kalshi raises $1B in Series F led by Coatue, doubling valuation to $22B as institutional trading volumes surge 800%; funds to develop institutional products. #Update #Finance
Hyperliquid (@Hyperliquid) is testing HIP-4 for prediction markets to compete with Polymarket and Kalshi, offering non-leveraged contracts. $HYPE token remains volatile. #Update #Crypto
Wisconsin has been sued by the Commodity Futures Trading Commission (CFTC) for operating unlicensed gambling markets, joining New York and Arizona in legal actions against prediction market firms like @Kalshi and @Crypto.com. #Breaking #Legal $BTC
CME Fedwatch indicates a 99% chance of the Federal Reserve holding rates at 3.75% for the April 29 FOMC meeting. #Update #Finance
The U.S. Commodity Futures Trading Commission (CFTC) has sued New York to assert federal jurisdiction over prediction markets, countering state lawsuits against firms like Coinbase and Gemini. #Breaking #Legal $BTC
@Kalshi has disciplined three political candidates for insider trading, imposing five-year suspensions and fines totaling $7,053. The firm emphasizes strict enforcement against unfair trading practices. #Update #Legal
@CFTC Chairman Mike Selig testified that AI is aiding the agency amid staff cuts, as it prepares to regulate rapidly growing crypto markets and prediction platforms. #Update #Crypto $BTC $ETH
CFTC Chairman Mike Selig asserts the agency’s exclusive authority over prediction markets, filing lawsuits against states to clarify regulatory jurisdiction under the Commodity Exchange Act. #Update #Legal $BTC
Dune Analytics reports $25.7B March volume, with @Polymarket and @Kalshi leading; CFTC scrutiny as open interest nears $940M. #Update #Crypto
Judge Jason Woodbury issued a preliminary injunction against @Kalshi, requiring geofencing by May 4, 2026, to block Nevada users after ruling its event contracts as unlicensed gambling.
Fed funds futures show a 99.5% probability the Federal Reserve holds rates at 3.50%-3.75% on April 29, with no cuts expected in 2026. #Update #Finance
@Kalshi and @Polymarket are in early talks for fundraising rounds, potentially valuing each at $20 billion, doubling their late 2025 valuations; Kalshi has a $1.5 billion revenue run rate. #Update #Crypto
@Kalshi and @Polymarket face backlash over trading linked to Iran airstrikes and the reported death of Supreme Leader Ali Khamenei, with allegations of insider trading generating $1.2M in bets #Update #Legal
