Prediction markets regulatory scrutiny and new entrants
Key Questions
What regulatory scrutiny is affecting prediction markets?
The House Oversight Committee is probing Polymarket and Kalshi over 80 suspicious accounts and a $409k bet on Maduro, raising structural risks for betting platforms.
How is Kalshi responding to regulatory pressure?
Kalshi is pursuing a lobbying push involving Trump insiders to navigate the increased regulatory environment around prediction markets.
What new on-chain prediction market tools have launched?
Binance Wallet launched Event Rush on BNB Chain using bonding curve pricing, while Hyperliquid's HIP-4 update enables oracle-free prediction markets, increasing competition.
House Oversight probe into Polymarket/Kalshi (80 suspicious accounts, $409k Maduro bet). Kalshi lobbying push with Trump insider. Binance Wallet launches Event Rush on BNB Chain for on-chain prediction markets with bonding curve pricing. Hyperliquid HIP-4 removes external oracles, entering prediction market space — competitive pressure on Polymarket/Kalshi. Structural risk for betting platforms and DeFi sentiment.