Morning Minute is a daily analysis newsletter authored by Tyler Warner. The opinions expressed herein are those of the author and do not necessarily reflect the official stance of Decrypt. For a comprehensive daily briefing on the most critical developments in the crypto and financial sectors, subscribe to the Decrypt Daily podcast on Apple Podcasts…
The burgeoning prediction market industry, which has rapidly transformed from a niche interest into a powerhouse of speculative finance and political forecasting, has found itself at the epicenter of a landmark constitutional battle. This week, the prediction platform Kalshi filed a federal lawsuit against the state of Illinois, challenging the state’s authority to impose a…
Morning Minute is a daily analysis newsletter curated by Tyler Warner. The views expressed herein are those of the author and do not necessarily reflect the editorial stance of Decrypt. Executive Summary: The Shifting Sands of Web3 The landscape of digital finance and blockchain technology is currently defined by three distinct movements: the entry of…
By PYMNTS June 19, 2026 The financial landscape is undergoing a structural transformation as prediction markets transition from speculative novelties to essential components of institutional risk management. Kalshi, the leading platform in this sector, has once again shattered internal growth records, reaching an annualized revenue of $2 billion—a threefold increase since November 2025. This surge,…
Executive Summary Financial services titan Charles Schwab is officially preparing to enter the rapidly evolving world of prediction markets. According to recent reports, the brokerage giant plans to leverage its massive $11.8 trillion platform to offer retail investors new ways to speculate on the performance of major financial benchmarks. By partnering with Cboe Global Markets,…
