CFTC proposes swap classification for event contracts
The CFTC has proposed expressly classifying event contracts as swaps under federal commodities law.
The CFTC has proposed expressly classifying event contracts as swaps under federal commodities law.
Hyperliquid's HIP-4 outcome markets put prediction trading inside an exchange. The contest with Polymarket is less about fees than about who gets to call the truth.
An attacker drained ~$600K from a dormant Polymarket ops wallet on Polygon. It got labeled a contract exploit. It wasn't, and the difference matters.
A DeFi analyst's field report on sports prediction markets, the $1.1T BofA estimate, the CFTC vs states jurisdictional war, and where these venues actually sit on the productive-to-predatory gradient.
Futard.io locks launch funds in escrow and uses prediction markets to govern spending. The treasury model is a clear upgrade. The futarchy governance is an open experiment with real limitations.