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Politics
STOP Corrupt Bets Act: The Federal Bill That Would Ban Sports, Election, and War Contracts on Kalshi and Polymarket
Senator Merkley and Rep. Raskin's STOP Corrupt Bets Act (S. 4226) would ban prediction market contracts on sports, elections, war, and government actions — colliding directly with the Trump administration's CFTC.
Rhode Island Sues Kalshi and Polymarket: The State Revenue Argument Against Prediction Markets
Rhode Island filed dueling lawsuits against Kalshi and Polymarket on May 21, 2026, claiming sports event contracts are illegal gambling that has already cut state lottery revenue 8%. Inside the legal battle and what it means for users.
Economics
Polymarket Closes First Institutional Block Trade — and It's Not on an Election
FalconX and AneraLabs just executed a six-figure block trade on Polymarket tied to Nvidia H100 GPU rental pricing — the first institutional block trade on any on-chain prediction market and a signal that AI infrastructure costs are becoming a hedgeable financial asset class.
Prediction Markets Had Massie at 62%. Gallrein Won by 10 Points.
Ed Gallrein defeated Thomas Massie 54.9% to 45.1% in Kentucky's KY-04 Republican primary. Markets had Massie as a 62-64% favorite. Here's what the markets missed.
Crypto
Sports
2026 NBA Finals Game 1: What Prediction Markets Say About Spurs vs. Knicks Tonight
Spurs at 64¢ on Kalshi and Polymarket for tonight's NBA Finals Game 1 (8:30 PM ET). Full breakdown: prediction market vs. sportsbook lines, series odds, volume signals, and how to access markets before tip-off.
Thunder vs. Spurs Game 7: What Prediction Markets Say About the WCF Winner-Take-All
The Western Conference Finals goes to Game 7 on Saturday after the Spurs routed OKC 118-91 in Game 6. Prediction markets give the Thunder a 56% edge at home — but Wembanyama's momentum and SGA's struggles make this the most uncertain game of the series.