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#Event contracts

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U.S. Regulator Warns of Cheating Risks in ‘Mention Markets’ on Prediction Platforms
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U.S. Regulator Warns of Cheating Risks in ‘Mention Markets’ on Prediction Platforms

Key Highlights The CFTC issued a staff advisory warning that “mention markets” — betting on what a specific individual might say or do — are “presumptively readily susceptible to manipulation.” The regulator distinguishes these markets from standard event contracts because outcomes depend on “the discrete conduct of a named person” rather than independently generated, externally ...

Robinhood Crypto Trading Volume Jumps 61% in August
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Robinhood Crypto Trading Volume Jumps 61% in August

Robinhood Crypto Volume Surges 61% in August, but Prediction Markets Steal the Show Robinhood Markets reported a sharp rebound in cryptocurrency trading activity during August, though the standout growth story remains its rapidly expanding prediction market business. Crypto Trading Rebounds From July Lows Notional crypto trading volume—the total dollar value of assets bought and sold ...