The SEC earlier this year dropped its appeal against Ripple, a fintech company that uses XRP to facilitate fast and cheap cross-border transactions. Ripple CEO Brad Garlinghouse estimates that the XRP ...
DraftKings is entering the red-hot prediction markets business, launching technology that lets users trade contracts linked to sporting and financial events. DraftKings said event contracts will be ...
In this episode of Galaxy Brain, Charlie Warzel explores the burgeoning industry of prediction markets. These platforms let people wager on everything from elections and award shows to the most ...
Simply sign up to the Technology myFT Digest -- delivered directly to your inbox. ’Tis the season for holly, cards — and predictions. As the tumultuous year that is 2025 draws to a close, a well-worn ...
Prediction markets have moved from academic curiosities to regulated financial venues, but the regulatory environment that governs them is still evolving. Wealth management executives now face a new ...
The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...
Prediction markets companies are likely to see their revenues grow by a factor of five to more than $10 billion by 2030, according to analysts at Citizens Financial Group Inc. Companies like Kalshi ...
The group, Coalition for Prediction Markets (CPM), comes as the U.S. prediction market has boomed since the start of the year. A federal court's dismissal last year of a prohibition on election ...
FanDuel is preparing to launch its “FanDuel Predicts” prediction market as a standalone app, starting with a basic product in a limited number of states. The platform is a partnership with CME Group, ...
NFC teams coming off different results on Thanksgiving Day will meet on 'Thursday Night Football' as the Dallas Cowboys visit the Detroit Lions. Dallas (6-5-1) defeated Kansas City on Thanksgiving, 31 ...
Kalshi's latest deal follows other partnerships including with Google Finance, the National Hockey League, and Robinhood. Other prediction markets, and those interested in developing them have inked ...
Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...
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