On Polymarket, the probability that USD.AI's FDV exceeds $150 million on the day after launch is 84%

CFTC sues in 3 states to reclaim jurisdiction over prediction markets, as a U.S. conflict landscape begins to take shape

The Trump administration has recently intervened in a lawsuit involving the CFTC and the regulators of gambling in three states, challenging the states’ authority to regulate prediction markets. The CFTC argues that, under the Commodity Exchange Act, it has exclusive jurisdiction over these markets, and accuses the states of overstepping their authority in an attempt to change the nature of the wagering event contracts. This lawsuit reflects regulatory actions by 11 states regarding prediction markets, each facing different legal challenges. If a federal court sides with the CFTC, it will help provide legal protection for prediction markets; otherwise, it will increase operational uncertainty.

Polymarket high-win-rate account purchase: $170,000 used to bet on the Clippers defeating the Spurs

On Polymarket, one account staked $170,000 on the Mavericks to beat the Spurs, with odds over 70%. The Mavericks’ current record is 39 wins and 37 losses, ranked 8th in the Western Conference; the Spurs are 57 wins and 18 losses, ranked 2nd. Victor Wembanyama may be sidelined.

A prediction market platform will provide over $5 million in liquidity subsidies for sports-related events in April.

Gate News message, April 3, a representative from a prediction market platform, Mustafa, posted on the X platform, stating that in April the platform will provide over $5 million in liquidity subsidies for sports prediction markets.

The U.S. CFTC sues Illinois to block it from regulating prediction markets

The U.S. Commodity Futures Trading Commission filed a lawsuit seeking to stop the State of Illinois from regulating prediction markets, arguing that the state’s actions infringe on federal regulatory authority. This case marks the CFTC’s first legal action to challenge state-level gambling regulation. The dispute began when Illinois issued a cease-and-desist order to the prediction market Kalshi, alleging it violated the state’s gambling laws.

A prediction platform’s probability for “the U.S. Department of Homeland Security shuts down operations for 70+ days” plummeted to 8%, down 45% within 24 hours

Based on data from a prediction platform, the probability that the U.S. Department of Homeland Security government shutdown will continue for more than 70 days has fallen to 8%, with trading volume exceeding $1.27 million. Trump said he is about to sign an order to ensure employee pay, praising House Republicans for their efforts on this issue.

YZi Labs 追加投资预测市场平台 Predict.fun，Susquehanna Crypto 参投

YZi Labs, after EASY Residency Season 2, added an investment in the prediction market platform Predict.fun, with Susquehanna Crypto participating in this round of funding. Predict.fun has accumulated trading volume of over $1.8 billion, with more than 130,000 users, and completed the acquisition of Probable to expand into the Asian market.