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Crypto News
Polymarket CEO says investors should stop chasing 100x crypto wins
Polymarket CEO Shayne Coplan said the rush to find tokens that could rise 100-fold reflects irrational overheating in the crypto market. The comments position the prediction market platform's leader as a skeptic of speculative crypto trading behavior.
As crypto and prediction markets expand, their regulator shrinks
Even as the agency is tasked with drawing up new rules for crypto and prediction markets, its staffing and enforcement actions have dropped.
Coinbase launches live crypto price prediction markets for US users
Coinbase launched live crypto price prediction markets on Wednesday, letting US users trade on short-term price moves for BTC, ETH, SOL and BNB. The contracts feature windows as short as 15 minutes.
Coinbase agrees to halt sports-related event contracts in Michigan
The Michigan Gaming Control Board (MGCB) announced on October 7, 2026 that Coinbase has agreed to halt sports-related event contracts in Michigan. The agreement follows MGCB action against the platform.
Polymarket Protocol V2 will not auto-convert CTF positions
Polymarket Protocol V2 canaries run through October 30, with a tentative November 2 switch for new markets. Existing CTF positions will not be auto-converted under the new protocol version.
Polymarket CEO says ICE is one of its biggest shareholders
Polymarket CEO Shayne Coplan said that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is one of Polymarket's biggest shareholders and is thinking hard about onchain equity. The statement, posted on X on October 7, 2026, highlights a significant institutional tie between the regulated exchange giant and the crypto-native prediction market platform.
ProphetX files CFTC contracts on rival exchange trading volumes
ProphetX filed three CFTC event-contract proposals that would let traders bet on November trading volume at rival exchanges. The proposed thresholds are $10 billion for Polymarket US, $2 billion for Rothera, and $4 billion for DKeX, a DraftKings-affiliated platform. The filings are pending regulatory review.
Polymarket partners with Birches Health on consumer safeguards
Polymarket has partnered with Birches Health to strengthen consumer safeguards on its platform. The move comes even as Polymarket has long argued that its products should not be qualified as gambling. The article body provides no further details on the terms or scope of the partnership.
Three prediction market companies stop operating in Connecticut
Three prediction market companies have stopped operating in Connecticut, according to the Department of Consumer Protection. The agency said it is in communication with six remaining operators still active in the state: Polymarket, Coinbase, Crypto.com, Robinhood, Novig and Underdog. The article does not name the three companies that exited or specify the reason for their departure.
Polymarket rolls out V2 upgrade with single ERC-1155 positions contract, pUSD collateral
Polymarket has launched Protocol V2, replacing its legacy Gnosis-based infrastructure with a single ERC-1155 positions contract and pUSD collateral. The upgrade moves the prediction market platform away from its previous architecture to a streamlined on-chain setup.
Polymarket introduces Protocol V2 with new market infrastructure
Polymarket will test Protocol V2 through October before migrating new markets in November. Its Data API V1 is set to retire on October 24.
Polymarket case on New York court docket this week
A US Army soldier charged with making Polymarket wagers based on classified intelligence about a military raid is scheduled for a court appearance in New York this week. The case is listed alongside other high-profile matters including LIV Golf and Luigi Mangione proceedings in a Bloomberg Law docket watch for the week of October 5, 2026.
Polymarket CEO teases possible token reveal at Token2049
Polymarket CEO Shayne Coplan fueled speculation about a token launch by teasing 'a little something' at Token2049 in a post on X. The comment has stirred rumors that the prediction market may unveil a crypto token at the Singapore conference.
Polymarket token POLY launch hinted by The Rollup founder
Andy, founder of The Rollup, posted on X that 'POLY is coming,' suggesting the launch of Polymarket's native token POLY may be near. The brief social media comment is the only detail offered; no timeline, tokenomics, or official Polymarket confirmation was included.
Robinhood lists SOL price prediction market for Oct 4, 2026
Robinhood has listed a crypto prediction market for the price of SOL (Solana) at 5 a.m. EDT on Oct. 4, 2026. The event contract is offered by Robinhood Derivatives, LLC through one of several partner exchanges: KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC.
Bitcoin holds near $85,000 as Polymarket, Kalshi, and AI models diverge on year-end price
Bitcoin stalled near $85,000 on Saturday after a rally above $87,000 the day before collapsed. Prediction markets and two AI models are now naming different year-end price targets, with Polymarket and Kalshi traders diverging from AI model projections. The article was published October 3, 2026.
Polymarket sees $124,000 in volume on Kyiv strike contract
Polymarket has recorded approximately $124,000 in trading volume on a 31-day contract tied to potential Russian strikes on Kyiv in October. The contract attracted attention as geopolitical event markets on the platform continue to draw traders pricing conflict risk.
Robinhood CEO Vlad Tenev says crypto will drive prediction market trading surge
Robinhood CEO Vlad Tenev said crypto will lead a surge in prediction market trading volume. In August 2026, Robinhood's operating data showed event contracts traded 15 times ahead of year-ago levels. Tenev made the comments on Sept. 21. The article frames the growth as significant for crypto's role in prediction markets.
UK urged to act as Polymarket takes bets on HSBC and Lloyds failures
UK officials are being urged to intervene after Polymarket listed markets on whether HSBC and Lloyds banks will fail. Critics cite concerns that the platform has a poor reputation for stopping insider trading or preventing bad actors from placing bets. The markets touch on systemically important UK financial institutions, raising questions about whether regulators should step in to limit event contracts on bank solvency.
LeBron James teases partnership with Polymarket
LeBron James teased a partnership with Polymarket, the CFTC-regulated prediction market platform. The news was reported by Kogod School of Business, which noted that Kogod Professor Matt Bakowicz's insights on professional sports partnerships with prediction markets were referenced in Covers. No deal terms or timeline were disclosed.
