Prediction Market Volume Jumped 75% to $44.8B in June as the World Cup Drove Record Trading

The post The Hottest Prediction Market in Crypto Just Left Solana, But Why? appeared on BitcoinEthereumNews.com. The World prediction market, which launched on Solana (SOL) barely a week ago, said it will move to Robinhood Chain. The team offered no clear reason for leaving so soon after its debut. The switch reverses a story from days earlier, when World was Solana’s homegrown answer to Polymarket and Kalshi. Now it is tying its future to a mainstream broker’s network. A Fast Rise for the World Prediction Market Prediction markets let people bet real money on the outcome of real events, from elections to football matches. World arrived in that fast-growing space with real hype. The project built attention with a stealth campaign, teasing a glowing globe and the line “Trade Everything” before any product. It then went live inside Phantom on July 1, a wallet with more than 15 million monthly users. World never holds user money. It settles bets automatically using Chainlink data and pays

The post Google to Ban Prediction Market Extensions Amid Increased Scrutiny of Polymarket, Kalshi appeared on BitcoinEthereumNews.com. Tech giant Google has revealed its updated policy for the Chrome Store, which includes a prohibition of prediction market extensions. This comes as platforms such as Polymarket and Kalshi face increased crackdowns by state regulators over claims that they are operating as illegal sports betting platforms. Google To Prohibit Prediction Market Extensions In the latest update to its Developer Program policies, Google announced that it is expanding its language to explicitly include predictive markets as prohibited products. “Extensions that facilitate or enable real money transactions on predictive outcomes are not allowed,” the blog post read. The tech giant further stated that enforcement for these updated policies, which include the ban on prediction markets, will begin on August 1, 2026. “Extensions found out of compliance after this date may face enfo

The post After a four-year U.S. ban, Polymarket mounts a major comeback campaign appeared on BitcoinEthereumNews.com. Polymarket, which began its return to the U.S. after a four-year ban with the acquisition of QCEX a year ago and the introduction of a mobile trading app in December, has started a campaign to persuade policymakers, regulators and potential users that it is trustworthy, Associated Press reported on Wednesday. According to AP, Polymarket is working with social media influencers to produce viral marketing on TikTok and other platforms and has signed partnership agreements with major sports teams and Major League Baseball as well as news outlets including CNBC and CNN. The steps Polymarket is taking in the U.S. will help legitimize it despite the issues it has faced in the past, Dan Lee, head of U.S. operations, said in an interview with AP on Wednesday. “I think having the international business being the bulk of the volume, it often sort of masks the progress we are maki

Polymarket's aggressive US marketing aims to rebuild trust, but ongoing scrutiny and legal challenges could impact prediction market regulation. The post Polymarket bets on US marketing blitz to regain trust after four-year ban appeared first on Crypto Briefing.

The post Polymarket US Return: Regulated Sports Betting Relaunch appeared on BitcoinEthereumNews.com. Polymarket’s US return is unfolding less like a quiet regulatory rehabilitation and more like a full-scale reputational offensive. The prediction market platform, which spent four years locked out of the American market, is now pushing hard to convince regulators, policymakers, and everyday bettors that it has earned another shot — through influencer campaigns, media partnerships, and a freshly launched mobile app operating under federal oversight. Key takeaways Polymarket returned to the U.S. after a four-year ban, launching a CFTC-supervised mobile sports betting app in December 2025. The company settled with the CFTC for $1.4 million four years ago over unregistered event-based derivatives. CEO Shayne Coplan’s home was raided by federal investigators in 2024; charges were dropped seven months later after a change in presidential administration. Polymarket’s new U.S. marketing push i

The post Google bans Chrome prediction market extensions amid Kalshi battle appeared on BitcoinEthereumNews.com. Google has updated its Chrome Web Store rules to prohibit prediction market extensions that facilitate real-money transactions, with enforcement set to begin on Aug. 1, 2026. Summary Google will ban Chrome extensions that enable real-money prediction market transactions from Aug. 1, 2026. The policy update comes as Kalshi and other prediction market platforms face growing legal scrutiny in the U.S. A New York court allowed the state’s lawsuit against Kalshi to proceed over sports-related event contracts. According to Google’s latest update to its Developer Program policies, browser extensions that “facilitate or enable real money transactions on predictive outcomes” will no longer be permitted on the Chrome Web Store. The company said developers have until Aug. 1, 2026, to comply, after which non-compliant extensions could face enforcement action, including removal from the

Google has updated its Chrome Web Store rules to prohibit prediction market extensions that facilitate real-money transactions, with enforcement set to begin on Aug. 1, 2026. According to Google’s latest update to its Developer Program policies, browser extensions that “facilitate…

The post Judge Torres Denies Kalshi’s New York Injunction Bid appeared on BitcoinEthereumNews.com. Judge Analisa Torres denied Kalshi’s bid to block New York’s gambling regulators.  Judge found New York’s gambling laws may apply to Kalshi’s sports event contracts.  The ruling may shape how prediction markets face state gambling enforcement. KalshiEX LLC faced a major courtroom setback after U.S. District Judge Analisa Torres denied its request for a preliminary injunction against New York gambling regulators. The July 7 opinion leaves Kalshi without temporary protection from the New York State Gaming Commission while its lawsuit continues. Judge Torres found that New York’s gambling laws, as applied to Kalshi’s sports event contracts, were not preempted by the Commodity Exchange Act at this stage. The ruling marks a key moment in the wider prediction market fight over whether event contracts are federally regulated derivatives or state-regulated wagering products. New York Ruling Puts