CFTC Chair Mike Selig filed an amicus brief to defend federal jurisdiction over prediction markets, opposing state-led litigation against platforms like Kalshi and Polymarket.
$60B+ traded in prediction markets so far in 2026. 📈 The harsh truth? 90% of platforms won’t survive the November regulatory storm. How to stay alive? SoonTech decodes the 3 pillars of Web3 infrastructure: 1️⃣ ZKP Privacy: Pass audits without revealing ID 2️⃣ AI Firewalls: Block algorithmic manipulation 3️⃣ Cross-chain Liquidity: End L2 fragmentation Is your exchange ready? Leave the tech to us; keep the traffic for yourself. 🚀
prediction market winnings aren't gambling, they're taxable. every market position is either a CGT event or income, depending on the platform USD-denominated wins need to be converted to AUD at the time of the trade losing markets can offset gains if classified as investments keep a record of every market entered and exited kalshi and polymarket are on the ATO's radar folks
Almost a week later and the odds on polymarket / kalshi / most of the other predictions sites are roughly the same yet my $hanta buys are down 80%.. I don't even know what he tried to prove here lol
I just bet all my money on polymarket that Starmer won't resign until 15th of May and I made banks so far holy,found my new side hustle,politics the easiest shit ever when all your twitter feed is only politics,news,wars,etc. I have a house edge over others cuz I have the knowledge that they dont have,here you are playing vs impulsive gamblers who would bet even 10$ on the most impossible thing to happen just cuz they are desperate and hope in miracles that will never happen and thats when you make money ,bonds/safe bets are def the easiest way to go but there are some other tricks as well,so far I have 100% win rate,I will update you how this whole thing goes in a few weeks but this shit is too easy.
$POLygon's $POL surged due to strong market anticipation for the $POLygon 2.0 upgrade, positioning it as the next-gen token for a unified, scalable ecosystem of ZK-powered L2s with enhanced staking and governance capabilities. #POL #Polygon
