Trader "Peacemaker" Invests $99.6K in Russia-Ukraine Ceasefire Bets on Polymarket

Polymarket Reportedly Invests $300 Million to Partner with MLB, Joins Forces with CFTC to Ban "Micro Predictions"

Major League Baseball (MLB) has entered into a partnership with prediction market exchange Polymarket, securing exclusive trademark and data usage rights with anticipated annual sponsorship fees reaching $300 million. This collaboration aims to ensure event integrity and work in conjunction with the CFTC to restrict risky predictions. Polymarket continues to expand within the sports betting market.

Wise Obtains Nigeria Regulatory Approval, Certain CEX Launches Prediction Market Feature

Gate News reports that on March 20, international payment company Wise received approval from Nigerian regulators and officially entered the Nigerian market. Additionally, a certain CEX recently announced the launch of a prediction market feature.

A prediction market account invested $8400 betting that EdgeX will not issue tokens this month.

On a certain prediction market platform, an account with an 87.5% accuracy rate in token issuance predictions invested $8400 to purchase the "No" option on whether EdgeX will issue a token before March 31st. The current probability has dropped to 36%. EdgeX is required to officially launch its governance token before this date, and the official team has announced that airdrop distribution has begun, with eligible users able to claim airdrops. The account's trading behavior indicates it is not simply betting on the event outcome, but rather tends to take profits or stop losses at specific time points.

# MLB Partners with Polymarket and CFTC in $300 Million Deal as Prediction Market Regulatory Classification Reaches Critical Stage

Major League Baseball has reached a $300 million partnership agreement with prediction market platform Polymarket, aimed at enhancing transaction transparency and compliance for sporting events, marking an important signal of support for prediction markets in the sports industry. The agreement includes data sharing and market integrity mechanisms, though it faces state legal risks.

2 addresses that previously accurately predicted the timing of US-Iran conflict invested $6,100, betting on "US-Iran ceasefire by March 31"

On Polymarket prediction market, two accounts invested $6,100 betting on a ceasefire between the US and Iran before March 31st, with current odds at 8%. These accounts previously successfully predicted the timing of US strikes on Iran and reaped substantial returns. Iran's president has proposed ceasefire conditions, but the US has not made an official response.

Kalshi Rejected by Appeals Court, Nevada Ban Takes Effect Impacting Prediction Market Business

The U.S. Ninth Circuit Court of Appeals rejected Kalshi's emergency motion, allowing Nevada to continue enforcing a temporary restraining order against its sports event contracts business. Kalshi is prohibited from operating for the next 14 days. This incident may trigger jurisdictional disputes between federal and state law and impact the development of prediction markets.