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Coinbase on Monday announced it has acquired** The Clearing Company**, a move that places the lesser-known prediction markets firm at the center of the crypto exchange’s latest push to expand into event-based trading. What Happened The transaction comes shortly after Coinbase rolled out access to pr

Prediction markets are positioned to reach $1 trillion in annual trading volume by 2030, according to a new analysis from Eilers & Krejcik, a research firm specializing in sports and interactive gaming sectors. The projection comes as traditional sportsbooks rush to launch their own prediction platf

Ethereum (ETH) co-founder Vitalik Buterin defended prediction markets against ethical criticism in heated exchanges with industry figures who argue betting on real-world deaths explains crypto's mainstream reputation problem. Writing on Farcaster, Buterin positioned prediction markets as superior tr

Coinbase filed lawsuits against Illinois, Michigan, and Connecticut on Friday, seeking court declarations that prediction markets fall under exclusive federal oversight. The crypto exchange argues states cannot apply gambling laws to federally regulated event contracts. Chief Legal Officer Paul Grew

Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, launched its prediction markets platform across all 50 U.S. states following federal approval from the Commodity Futures Trading Commission. The platform allows users to trade yes/no event contracts on outcomes ranging from