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In brief A new study commissioned by the Coalition for Prediction Markets found Americans wagered up to $34 billion on offshore prediction markets during a 12-month span. It estimated that up to 30% of Polymarket’s trading volume during the period came from Americans. Offshore prediction market trading volume by Americans could grow to as much as $133 billion by 2030, the study estimated. Americans were responsible for up to $34 billion in offshore prediction market trading volumes during the 12-month period ending in April 2026, according to a new study commissioned by the Coalition for Prediction Markets, an industry group…
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From a filing in one of the same plaintiff’s other cases. From today’s decision by Judge Steven McAuliffe (D.N.H.) in Doe v. Trustees of Dartmouth College (for an earlier similar decision related to Doe’s lawsuit against Penn, see here): “Litigation by…
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Human evolution, particularly of the brain, ended a long time ago—at least that is what many educated people, wary of claims about biological differences between human groups, prefer to believe. For much of the postwar era, it was widely assumed that natural selection had largely ceased to shape human populations and that any evolution during the past ten millennia was too slow or too slight to detect. That view was partly shaped by evidence and partly shaped by history. After World War II, the horrors of Nazi racial science made claims about human biological variation radioactive, and for good reason.…
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Latest developments: Kalshi’s launch of CFTC-regulated crypto perpetuals has reignited a long-running debate over financial market definitions.John Lothian and Kalshi’s Udesh Jha joined The…
Exodus has launched a marketplace for tokenized assets through a partnership with Ondo Finance, allowing eligible users to trade more than 200 tokenized stocks,…
In brief President Trump’s upcoming UFC event will provide crypto firms with an unprecedented opportunity for corporate branding. Polymarket is set to present an…
Latest developments: Crypto markets are under pressure as Bitcoin sits around $60,000 and ETF outflows continue.Bitcoin ETFs have recorded four consecutive weeks with more…
Latest developments: VanEck recently launched the first U.S. spot BNB ETF, trading under the ticker VBNB on Nasdaq.The fund gives investors exposure to BNB…
SpaceX’s IPO is already spilling into crypto markets, where one whale has opened a $22.3 million leveraged long on SPCX, a synthetic pre-IPO perpetual…
In brief A federal appeals court unanimously upheld Sam Bankman-Fried’s fraud conviction and 25-year prison sentence. Judges rejected his argument that FTX could have…
This is why the most exposed institutional holders have been waiting. They are waiting for the coordination work to happen, which a research grant…
Metaplanet announced on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities…
In brief Standard Chartered analyst Geoff Kendrick suggests the crypto market has hit its lowest point following Bitcoin’s recent drop to nearly $59,000. Potential…
One argument Bankman-Fried advanced was that the funds he misappropriated were in investments that would eventually grow.”As the district court recognized, any contention that…
