The Oscars are about to begin, and betting on various awards on Polymarket has already started. The betting funds for Best Picture have exceeded $15 million.

NCAA "Final Four" tips off tomorrow morning; Polymarket data shows the University of Michigan has a 35% chance of winning, the highest.

On April 4, the NCAA “Final Four” is about to kick off. The University of Michigan has the highest chance to win the championship at 35%, while the University of Arizona is at 32%. The games will feature a matchup between the University of Connecticut and the University of Illinois, as well as a showdown between the University of Michigan and the University of Arizona.

Prediction: the market platform will accelerate its expansion in Asia; regulatory gray areas are the biggest challenge for further growth

Polymarket and PredicXion are expanding into Asian markets and launching Chinese-language support to drive localization. However, countries such as China and India lack clear regulation for blockchain prediction markets, and there are strict restrictions on gambling activities, which affects market expansion. The difference between prediction markets and gambling is their ability to aggregate information.

Polymarket takes down market on missing US pilot after backlash

Polymarket removed a market tied to the fate of a missing US service member after mounting backlash, saying the listing violated its “integrity standards.” The controversy erupted after a prediction market appeared asking whether US authorities would confirm the rescue of a pilot reportedly shot

A prediction market platform delisted a “Missing U.S. military aviator” prediction market, saying it violated integrity standards.

A prediction market platform removed markets about the fate of a missing American pilot for violating the “integrity standards,” triggering controversy. U.S. House lawmakers criticized such betting as “disgusting” and questioned rule transparency. Meanwhile, concerns about insider trading have intensified, and regulators are calling for stronger restriction measures.

Nevada court extends ban on Kalshi sports prediction market, ruling it has no substantive difference from gambling

A Nevada judge ruled that Kalshi’s sports prediction market products have no substantive difference from gambling, extended the injunction prohibiting it from offering related services locally until the case is further considered. Regulators believe it should be subject to the state’s gambling regulations.

Judge continues Nevada ban on Kalshi sports markets

A Nevada judge extended a ban on Kalshi's sports-related prediction markets, agreeing with regulators that they resemble illegal gambling. Kalshi argues they are federally regulated, prompting a broader legal conflict as state actions against prediction markets increase nationwide.