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Kalshi CEO Tarek Mansour announced that the regulated prediction market platform would reimburse all fees on its "Khamenei out as Supreme Leader" market and settle positions based on the last traded price before Iranian Supreme Leader Ali Khamenei was killed in the US-Israeli strikes - a payout poli

Bitwise Chief Investment Officer Matt Hougan challenged the growing consensus that Layer 1 blockspace has become a commodity, arguing that institutional capital remains heavily concentrated on a handful of networks led by Ethereum (ETH) and Solana (SOL), while also making the case that crypto-based

The Netherlands has blocked Dutch users from accessing Polymarket after the country's gambling regulator concluded the platform operated as an unlicensed gambling service. The Kansspelautoriteit issued a formal penalty order on Jan. 20, threatening fines of €420,000 per week - up to a €840,000 ceili

The Trump administration has thrown its weight behind prediction market operators Kalshi and Polymarket in a federal-versus-state regulatory fight that escalated sharply after Nevada filed a civil lawsuit to block sports-related event contracts, while the Commodity Futures Trading Commission argued

Three asset managers filed for election-tied prediction market ETFs on the same week, as monthly trading volume in the sector hit a record $15.4 billion in January, signaling a new frontier for institutional product development on Wall Street. What Happened: Election-Contract ETF Filings Bitwise Ass