Underdog Sports struck a deal with Crypto.com’s derivatives affiliate to launch sports prediction markets on its platform. BROOKLYN – A partnership announced Tuesday makes sports event contracts from Crypto.com | Derivatives North America (CDNA) available inside the Underdog app. For Underdog, a company best known … Read more
Australia banned the use of Polymarket after users accessed gambling content using VPNs. SYDNEY – Last week, the Australian Communications and Media Authority (ACMA) banned the crypto prediction platform, Polymarket, following an investigation earlier this year. The ban follows a report made by Crikey, an … Read more
As Polymarket makes a high-profile return to the U.S. market with full regulatory approval, Kalshi is now under fire in California federal court. These two developments underscore the fates of America’s top prediction market platforms. SACRAMENTO, Calif. – Three federally recognized California tribes – Blue … Read more
The FBI raided the home of Polymarket CEO Shayne Coplan, seizing his electronics amid an investigation into the crypto-based prediction market’s handling of election betting odds. NEW YORK – In a high-profile raid Wednesday morning, FBI agents entered the New York City apartment of Shayne … Read more