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Crypto gamblers are backing Mark Carney in the Canadian election

Predictive markets based on cryptocurrencies see little sign of panic for Mark Carney as Canadians head to the polls in a snap election. According...

Satpal SApril 28, 2025

Elections

Donald Trump Wins Presidential Race: A Pledge to Usher in a New Era for America

In a triumphant return to the political stage, Donald J. Trump has been declared the winner of the presidential race, promising to usher in...

360TNovember 6, 2024

Elections

The polymarket prediction market may delay payouts based on 2024 US election results

The cryptocurrency-based prediction market Polymarket cautions that it might take until Inauguration Day to pay out on wagers on the 2024 U.S. presidential election....

AlexNovember 5, 2024

Cryptocurrency

Bitcoin ETFs see massive outflows as the US election approaches

On November 4, U.S. Bitcoin ETFs had their second-largest daily outflow ever, with a net outflow of $541.1 million. Due to the uncertainty surrounding...

Satpal SNovember 5, 2024

Elections

Kalshi Kicks Off US Election Betting Following Court Victory

A futures market called Kalshi has let people bet on the US election through event contracts after winning a court fight with the Commodity...

CryptoCornOctober 7, 2024

Elections

A judge in California overturned a law that would have punished people who lied about their votes

A federal judge has stopped California's new law that would have banned deep fakes used in elections, saying that it violates people's rights to...

Satpal SOctober 3, 2024

Elections

The United States’ Appeals Court has approved election betting markets

A federal appeals court has given Kalshi, a futures exchange, permission to run election prediction markets. This means that people can now legally bet...

ContributorOctober 2, 2024

Elections

Kamala Harris is making progress in critical battleground states in anticipation of the 2024 election

Polymarket projections indicate Kamala Harris is leading in four of six important swing states. Her chances have changed in Michigan, Wisconsin, Pennsylvania, and Nevada...

ContributorSeptember 23, 2024

Cryptocurrency

The CFTC targets cryptocurrency prediction platforms throughout election season

Particularly those engaged in election-related betting, the CFTC is stepping up its investigation into bitcoin prediction systems such Polymarket. Chair Rostin Behnam declared that...

Satpal SSeptember 18, 2024

Judge says CFTC exceeded its authority halting Kalshi election bets

Elections

Judge Rules CFTC Overstepped Authority, Allows Kalshi to Resume Election Bets

A federal judge said that the Commodity Futures Trading Commission (CFTC) went beyond what it could do when it shut down Kalshi's markets for...

CryptoCornSeptember 12, 2024

Crypto becomes US election issue for the first time — Survey

Cryptocurrency

Surveys show that cryptocurrency will be a big problem in the 2024 US presidential race

Gemini recently did a poll and found that 73% of US crypto holders think a candidate's stance on regulating crypto is important when choosing...

ContributorSeptember 10, 2024

Judge issues temporary stay in Kalshi v. CFTC election betting case

Elections

Judge Issues Temporary Stop in Kalshi Election Betting Dispute

A federal judge put on hold for now a ruling that would have let Kalshi offer election bets until September 12. The platform's plans...

CryptoCornSeptember 9, 2024

CFTC submits emergency motion to block Kalshi’s election betting contracts

Elections

The CFTC takes an emergency measure to halt Kalshi’s election betting contracts

The Commodity Futures Trading Commission (CFTC) has filed an urgent request to prevent Kalshi, a prediction market located in the United States, from issuing...

Satpal SSeptember 9, 2024