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Kentucky becomes the ninth state in CFTC’s lawsuit over prediction market regulatory disputes

the U.S. CFTC on Tuesday sued Kentucky, attempting to prevent the state from regulating prediction market platforms as illegal sports betting and gambling operations, further establishing federal jurisdiction over prediction markets.Previously, Kentucky had last week sued platforms including Kalshi and Polymarket, accusing them of operating unlicensed illegal sports betting and gambling businesses within the state.In its complaint filed with the U.S. District Court for the Eastern District of Kentucky, the CFTC stated that Kentucky’s attempt to shut down federally regulated designated contract markets interferes with the federal regulatory system established by Congress for the national swaps market. The agency claims "exclusive jurisdiction" over event contracts and prediction market products.Kentucky has become the ninth state that the CFTC has sued in the prediction market regulatory dispute, indicating that the conflict between federal derivatives regulation and state-level gambling oversight continues to escalate.

Polymarket's "Arcium FDV Above $300M One Day After Launch" probability rises to 93%, up 58% in 24 hours

Odaily Seer Prophecy Channel monitoring shows that the Polymarket "Arcium FDV Above $300M One Day After Launch" probability has risen to 93%, up 58% in 24 hours.According to the rules, if the fully diluted valuation of Arcium's officially issued token exceeds the target value at 4:00 PM Eastern Time on the day after its launch, the event will be settled as "Yes"; otherwise, it will be settled as "No."FDV is calculated as the total token supply multiplied by the token price. Only tokens officially issued by Arcium that are publicly tradable are valid. Stablecoins, Meme coins, liquid staking tokens (LSTs), and synthetic assets are excluded from the calculation. If Arcium has not issued a token by 23:59 Eastern Time on December 31, 2027, the event will be settled as "No."Previous news: Binance Futures will list the ARXUSDT perpetual contract.Odaily Seer Prophecy Channel continues to monitor the prediction market, spotting changes before prices are set.

Polymarket becomes exclusive predictive market partner for Bundesliga in the US

: Polymarket has been appointed as the exclusive predictive market partner for the German Football Bundesliga in the US market.Polymarket stated that official event prediction contracts related to the Bundesliga and its clubs are now live, allowing users to engage in prediction trading on related matches and events. (The Block)

Polymarket Documentation Update: Eligibility Criteria for Airdrops Not Disclosed, Users Encouraged to Focus on Genuine Interaction

: The FAQs section of the Polymarket official documentation, under the question "Does Polymarket have a token?", is marked with "Updated Today". The latest content after the update, translated into Chinese, is as follows:All trading and liquidity rewards are denominated in pUSD, a standard ERC-20 token on the Polygon platform backed by USDC.Polymarket has not announced any plans for an airdrop or token distribution event. Please be cautious of scams claiming to be airdrops or giveaways. Furthermore, the platform has not disclosed any details regarding future potential projects, rewards, or eligibility criteria. We encourage users to focus on authentic interaction with the platform rather than relying on speculative information.

Polymarket Accused of Paying Creators to Film Fake Betting Videos

Polymarket, a crypto prediction market platform, has been accused of paying dozens of creators, mostly of college age, to film betting videos on pages closely resembling its website, with some videos also showing fabricated profits. A review of 1,105 videos posted by 10 creators since December found that approximately 70% contained betting content, and the roughly $1.9 million in wagers displayed were not real transactions.  One video released in January showed college student George Makihara celebrating a $100,000 win from betting that Donald Trump would say "McDonald’s" that month. However, the footage was reportedly filmed two months early; Trump did not publicly utter the word in January of that year, and over 50 real accounts betting on the same event on Polymarket all incurred losses. Some creators entered trades on test pages, including the misspelled domain "poiymarket.com," which were allegedly built by Polymarket or used for engineering test environments.  In 118 videos, creators displayed nearly $900,000 in fictitious gains, while these bets would have resulted in losses of over $166,000 based on actual outcomes. Creators received approximately $2,000 to $3,000 per month and were instructed not to disclose the collaboration arrangement. Polymarket stated it is committed to maintaining accurate, fair, and transparent markets and plans to conduct a comprehensive audit of promotional content. (Decrypt)

Gate Prediction Market World Cup Section Fully Upgraded, Creating a One-Stop Tournament Prediction Experience

Gate has completed the upgrade of its prediction market World Cup section, further enhancing the prediction market experience within the tournament context. After upgrading the Gate App to version v8.25.0 or higher, users can enter the World Cup section with one click via a newly added entry on the homepage, quickly viewing match schedules, standings, popular prediction markets, and more, thereby improving the efficiency of tracking and participating in the tournament. This upgrade adds new sections such as historical champions, best players, and news, providing users with references on team historical records, player performance data, and World Cup hot topics. Simultaneously, a team subscription feature has been launched, allowing users to follow specific national teams or subscribe to all World Cup events with one click, to promptly obtain related match and prediction opportunities. The section also adds a page sharing function, making it convenient for users to share match details, leaderboards, and prediction market content.Furthermore, Gate has launched a World Cup-themed leaderboard to centrally showcase traders with outstanding prediction performance related to the World Cup. This is combined with a "Smart Money" feature to help users track the activities of high-win-rate traders. The platform has recently introduced a prediction market trial voucher mechanism, allowing users to experience prediction market trading at zero cost while retaining profit opportunities, further lowering the barrier to participation. Surrounding the World Cup events, Gate has also launched a series of activities such as "Green Pitch Prophet, World Cup Prediction Carnival" and "Gate Prediction Market × World Cup Daily Highlight Matches," releasing a prize pool of over 550,000 USDT. As the first centralized exchange to integrate with Polymarket, Gate continues to promote the deep integration of prediction markets and sports events, further enriching the application scenarios of prediction markets.

Polymarket probability drops to 41% that "Claude Fable 5 will be restored for US customers by June 26," down 16% in 24 hours

Odaily Seer Channel monitoring shows that the probability on Polymarket for "Claude Fable 5 will be restored for US customers by June 26" has dropped to 41%, down 16% in 24 hours.Due to US government export controls imposed on national security grounds, Anthropic suspended global access to the Claude Fable 5 model just days after its release on June 9.Latest reports indicate that Anthropic executives have submitted a proposal to US Commerce Secretary Howard Lutnick, pledging closer collaboration with the White House and working to address the security concerns that led to restrictions on its powerful "Mythos" and "Fable" models.Sources familiar with the matter say that during ongoing remediation negotiations, Anthropic has committed to resolving any security issues more quickly in the future, though there is currently no exact timeline for a complete resolution. Another insider stated that Anthropic co-founder and Chief Computing Officer Tom Brown, along with Head of Public Policy Sarah Heck, are leading negotiations with Trump administration officials. Representatives from both Anthropic and the Department of Commerce did not respond to requests for comment.Odaily Seer Channel continues to monitor prediction markets, seeing changes before they are priced in.

Polymarket“GPT-5.6 will not be publicly available before June 28” probability rises to 78%, up 67% in 24 hours

Odaily Seer Prophet Channel monitoring shows that the Polymarket “GPT-5.6 will not be publicly available before June 28” probability has risen to 78%, up 67% in 24 hours.OpenAI Chief Scientist Jakub Pachocki described GPT-5.6 as a significant upgrade over GPT-5.5 in an internal memo on June 11. Analysts suggest that previous leaked information related to the Codex backend in May, along with the relatively fast iteration pace following the release of GPT-5.5 on April 23, have strengthened market expectations for the imminent launch of GPT-5.6.The rules stipulate that GPT-5.6 includes both models explicitly named GPT-5.6 and models identified by OpenAI as direct successors to GPT-5.5 (such as GPT-5.7, GPT-5.8, etc.). Task-specific models, cost-optimized versions like Nano/Mini, and o-series reasoning models are not within the scope of this event. Next-generation flagship models such as GPT-6 are also ineligible. Eligible models must be officially opened for public use, including open beta or open waitlist forms. Versions limited to closed beta or private access do not meet the settlement criteria.This event will primarily rely on OpenAI’s official announcements and website information as the main basis for settlement, supplemented by verification from credible media reports.Odaily Seer Prophet Channel continues to monitor the prediction market, seeing changes before prices are set.

Polymarket accused of marketing to US users through simulated trading and fake profit videos

prediction market platform Polymarket has been accused of promoting its products on social media by paying creators to post videos featuring simulated trading and fake profits.According to the report, the creators used simulation sites that closely resemble Polymarket's actual website to produce trading videos. Some of the content showcased high returns that did not actually occur, and certain videos required approval from Polymarket before posting. Polymarket managed these influencer campaigns through the marketing firm Virality. Despite its services being restricted for US users, the promotional activities still appear to have been targeted at an American audience.Furthermore, the Wall Street Journal reported that Polymarket had a multi-million dollar promotional partnership with influencer Adin Ross to drive user engagement on the platform. Polymarket has not yet issued a public response to these allegations. (Wall Street Journal)

The Wall Street Journal: Polymarket Hired Paid Creators to Post Fake Profit Videos

According to The Wall Street Journal, prediction market platform Polymarket is accused of hiring paid content creators to post a large number of deceptive “profit showcase” videos on social media—where all claimed earnings are fabricated. An investigation revealed that in one video, a college student claimed to have won $100,000 on Polymarket by betting on “Trump publicly mentioning McDonald’s,” but the reported profit was not real.

Polymarket probability of "Claude Fable 5 restored for US customers before July 1" rises to 73%, up 33% in 24H

Monitoring by Odaily Seer Prophet Channel shows that the probability of "Claude Fable 5 restored for US customers before July 1" on Polymarket has risen to 73%, up 33% in 24H.If Anthropic reopens Claude Fable 5 (or Claude Mythos, or a version confirmed to be the same model) to the US public before the specified date, this event will settle as "Yes"; otherwise, it will settle as "No". Qualifying methods of restoration include public beta or public waitlist; closed testing and private access do not count. Other models such as Haiku, Sonnet, and Opus are not included by default unless they are confirmed to be the same model as Claude Fable 5. Settlement will primarily be based on official announcements from Anthropic, supplemented by consensus reports from mainstream media.Due to export controls imposed by the US government on national security grounds, Anthropic urgently suspended global access to the Claude Fable 5 model just days after its release on June 9. Although the restrictions were primarily aimed at foreign users, due to the difficulty of real-time user identity screening, Anthropic ultimately closed access for all users, including those in the US, and switched requests to less capable models such as Opus 4.8. Anthropic is currently engaged in high-level discussions with the White House on issues including model capabilities and potential jailbreak risks. The company has publicly stated that the ban may have stemmed from a misunderstanding and is actively pushing to restore access.Odaily Seer Prophet Channel continues to monitor the prediction market, seeing changes before they are priced in.

Polymarket probability of "o1 TGE market cap exceeding $400 million on day 2" rises to 89%, up 81% in 24H

Monitoring from the Odaily Seer Prophet Channel shows that the probability of "o1 TGE market cap exceeding $400 million on day 2" on Polymarket has risen to 89%, up 81% in 24 hours.This event will be settled based on the fully diluted valuation (FDV) of the o1 governance token one day after its launch. If the FDV of the o1 governance token at 16:00 Eastern Time on the day following its launch is higher than the stated value in the title, it will settle as "Yes"; otherwise, it will settle as "No."The token must be publicly available, transferable, and tradable to be considered fully launched. FDV will be calculated by multiplying the total token supply by the token price, with the price source being the most liquid source at the time. If o1 fails to launch a token before 23:59 Eastern Time on December 31, 2027, the event will settle as "No."Previous news: o1.exchange completes $4.2 million financing, co-led by Coinbase Ventures and AllianceDAOThe Odaily Seer Prophet Channel continues to monitor prediction markets, observing changes before pricing occurs.

Kentucky Sues Kalshi and Polymarket, Escalating Regulatory Dispute Over Prediction Markets

According to CoinDesk, the Kentucky Attorney General has filed a lawsuit against prediction market platforms Kalshi and Polymarket, accusing them of offering illegal sports betting services without proper licensing in the state. The complaint also alleges that the relevant platforms and their partners failed to provide gambling addiction support resources as required by state law.

Kalshi CEO: When mentioning competitors, the first platforms that come to mind are not Polymarket, but rather CME and Robinhood

Odaily Odaily, Kalshi co-founder and CEO Tarek Mansour said in an interview with FOX: "Honestly, when I think of our competitors, it's not Polymarket I think of the most, but some other platforms. We are surrounded by a group of competitors."In a follow-up interview, Tarek primarily mentioned CME and Robinhood. CME previously assisted gambling giant FanDuel in launching its own prediction market product, while Robinhood has also launched its in-house prediction market, Rothera. Additionally, Tarek also mentioned DraftKings, Novig, and Coinbase.

Polymarket "Will Anthropic's valuation reach $1.1 trillion before June 30?" probability rises to 67%, up 30% in 24 hours

Odaily Seer Channel monitoring shows that the probability on Polymarket for "Will Anthropic's valuation reach $1.1 trillion before June 30" has risen to 67%, up 30% in 24 hours.This event will be settled based on Anthropic's private market valuation data released by Nasdaq Private Market (NPM). If Anthropic's NPM Price reaches or exceeds the specified amount between the market creation and June 30, 2026, the event will be settled as "Yes"; otherwise, it will be settled as "No".Anthropic's latest funding round was completed on May 28, achieving a post-money valuation of $965 billion after its $65 billion Series H round, just one step away from common short-term thresholds like $1 trillion. With this prediction market set to settle on June 30, traders are monitoring secondary market liquidity and whether any new primary financing or tender offer activity could push its implied valuation higher within the remaining window. Recent estimates show Anthropic's annualized revenue run rate is approaching $47 billion, continuing to support investor demand. However, no new funding announcements have emerged since late May, and IPO preparations remain longer-term.Odaily Seer Channel continues to follow prediction markets, seeing changes before pricing.

Polymarket celebrates 6th anniversary, platform cumulative trading volume exceeds $88 billion

Polymarket founder posted on X platform to celebrate June 17th as the 6th anniversary, stating "I am truly grateful to be engaged in this career that means so much to me. Seeing the world gradually catch up to this crazy idea called 'information markets' is truly breathtaking. But we still have a long way to go."According to Dune data, on the 6th anniversary of polymarket's launch, the platform's cumulative trading volume has exceeded $88 billion.

Polymarket and Kalshi to Strengthen Anti-Fraud Measures During the World Cup

Odaily Odaily Planet Daily reports that prediction market platforms Polymarket and Kalshi have announced plans to accelerate the deployment of anti-fraud measures during the World Cup to combat potential fraudulent groups, while continuing to expand the coverage of tradable events.According to reports, both companies are introducing more real-world events into prediction markets to enhance user engagement and market liquidity. As transaction volumes continue to grow, related fraudulent activities have also increased. It is reported that Kalshi's annualized revenue reached approximately $1.5 billion in May of this year. (The Information)

World Cup Drives Prediction Market Trading Volume to New Highs, Bernstein Says Robinhood May Benefit

Bernstein suggests Robinhood is poised for a "strong tailwind" as prediction market trading volumes hit record highs during the World Cup.Data shows that daily trading volume in prediction markets during the early stages of the FIFA World Cup surged from $2.2 billion on June 11 to $4.8 billion on June 12, setting a new all-time high, surpassing the $1.4 billion traded during the previous Super Bowl.Analysts note that prediction markets have become one of Robinhood's fastest-growing revenue lines since their launch. The firm projects Robinhood's prediction market revenue will grow from $150 million in 2025 to $586 million in 2026, representing an increase of approximately 286% year-over-year, and is expected to account for 17% of trading-related revenue and 10% of total revenue in 2026.Bernstein believes Robinhood's partnership with exchange and clearing house Rothera, which is regulated by the U.S. Commodity Futures Trading Commission (CFTC), is a competitive advantage. Since its launch on May 28, Rothera has processed approximately 200 million contracts in 18 days, with FIFA World Cup and MLB-related contracts contributing nearly all of the trading volume. Analysts state that Robinhood's core strength lies in its distribution capability, with its massive user base, a commission of $0.01 per contract, and strategies like up to 50% fee discounts for Gold members helping to drive user engagement.Furthermore, Bernstein indicates that competition in the prediction market space is expanding, including Polymarket launching event contracts for private companies and Kalshi introducing cryptocurrency perpetual contracts. The firm estimates that the World Cup will bring over $3 billion in new betting volume to prediction markets and boost overall consumer trading volume in the industry by $5 billion to $10 billion. (The Block)

Japan’s Bitbank Warns That Transactions Related to Polymarket May Trigger Account Restrictions

According to Cointelegraph, Japanese cryptocurrency exchange Bitbank announced that it may restrict or suspend accounts found to have deposits or withdrawals linked to prediction market platforms such as Polymarket. Bitbank stated that affected accounts may be unable to log in and will be restricted from depositing, withdrawing, and trading.

Polymarket's "Post-Hoc Clarification" Sparks Controversy: A Student's $35,000 Prediction Voided, $3.8 Million in Positions Wiped Out

Odaily News The prediction market platform Polymarket issued a "resolution clarification" that overturned a market result that had already appeared to be settled. This led to a 20-year-old student's $35,000 bet being declared invalid, while a total of approximately $3.8 million in positions across 1,838 accounts on the platform were liquidated.This clarification clause was written into the platform's rulebook, allowing for retroactive interpretative corrections to market settlement results, thereby altering the final payout. The incident has sparked strong dissatisfaction among traders, who argue that this "post-hoc ruling" mechanism undermines the certainty of market rules, and has ignited widespread controversy within the Polymarket and Kalshi communities.According to user disclosures, the incident originates from a case made public on June 13, where a market result that had ostensibly been settled was later reversed due to a change in rule interpretation.Industry analysts believe that this type of mechanism introduces "settlement clarification risk" into prediction markets, which is a type of tail risk event that cannot be hedged. If such operations occur frequently, they could drive high-risk liquidity away from the current platform towards trading venues regulated by the CFTC or those with formal arbitration mechanisms.Furthermore, this event is seen as one in a recent series of controversies, including settlement disputes surrounding the UMA oracle and Strategy's Bitcoin-related markets, which continue to test market participants' trust in the "finality" of prediction markets. (Cryptobriefing)