Unbiased AI-powered news
60 stories related to this topic, newest first.
CoinDeskKalshi, Polymarket and Rothera together processed more than $50 billion in notional trading during the opening month of the 2026 FIFA World Cup. Kalshi alone recorded $31 billion in total volume, with sports contracts driving the majority of activity.
cointelegraph.comPolymarket's U.S. affiliate applied for a futures commission merchant license to enable margin trading. The move follows Kalshi's clearance in March and comes as prediction market volumes grow rapidly.
The prediction market platform has begun a social media and partnership campaign to rebuild its presence in the United States. The effort follows a four-year prohibition and a December launch of a CFTC-supervised mobile app.
nypost.comOn-chain analysis shows U.S. wallets led all countries in volume on the offshore platform over the past year. Activity concentrated in geopolitics contracts that U.S. venues do not list.
benzinga.comA new platform called Wyldfyre opened simulated trading on California fires using NASA and federal perimeter data. Earlier, Polymarket hosted nearly 20 wildfire questions in January 2025 that drew $1.2 million in bets. Federal and state agencies said they do not use such data for…
SemaforSpotify asked Kalshi and Polymarket to remove its logo after users allegedly manipulated streaming data to influence wagers. The company also deleted 500,000 streams from one song linked to the activity.
A single anonymous account on the prediction platform Polymarket placed roughly $400,000 in bets that a Russian leader will leave office before December 31. The wager was reported by Forbes on July 2, 2026.
Substrate placeholder — needs reviewBlockchain intelligence firm AMLBotHQ reported Saturday that roughly $3.1 million in PUSD was stolen from 11 user wallets on the prediction market platform. The funds were moved from Polygon to Ethereum, and the company pledged full refunds.
pymnts.comCoindesk.com reported that hackers stole about $3.1 million in PUSD tokens from 11 user wallets on the prediction platform. The company said a compromised vendor injected malicious code and pledged full refunds to affected holders.
usethebitcoin.comPolymarket said it is auditing its promotional videos after a Wall Street Journal investigation found the company paid creators to post content that falsely showed users winning nearly $1.9 million. A consumer protection firm filed a lawsuit against the operator and two executive…
nbcnews.comTwo U.S. senators have requested a federal investigation into Polymarket’s social-media activity after a Wall Street Journal report described the prediction market’s marketing practices as deceptive. The lawmakers cited concerns over the platform’s promotion of fake bets.
koreatimes.co.krPrediction market platform Polymarket said a vendor compromise allowed hackers to steal funds from users. The company stated it has contained the incident and begun refunds. PeckShield estimated losses near $3 million.
New York PostMeta is building an experimental prediction markets app called Arena. Mark Zuckerberg directed the project, which aims to rival Polymarket and Kalshi. The app may start with a points system before considering real currency.
ReasonA Wall Street Journal probe found $1.9 million in fabricated bets used to promote the platform. The findings have prompted scrutiny of Polymarket's marketing practices.
nypost.comBettors on Polymarket have placed wagers on four New York congressional primaries scheduled for Tuesday, including three races featuring candidates backed by socialist Mayor Zohran Mamdani.
Substrate placeholder — needs reviewThe prediction market platform directed creators to film fabricated wins on replica sites. A Wall Street Journal review found the depicted trades would have lost money in 118 cases totaling $166,000.
nbcnews.comA Wall Street Journal investigation found Polymarket paid creators to post more than 1,100 deceptive clips showing fake bets and wins. None of the bets in the reviewed videos were real.
bbc.co.uk@CBSNews reported that Kalshi has launched athlete-focused campaigns to build awareness as it targets sports bettors during the NBA Finals and FIFA World Cup.
forbes.comThe prediction market platform has signed deals with Lionel Messi, Giannis Antetokounmpo, Luka Modrić and others to promote its sports-focused trading products.
decrypt.coPrediction markets such as Kalshi and Polymarket have grown in popularity since the last World Cup. Bettors can now wager on match outcomes and tournament results through these platforms. The 2026 tournament marks the first major soccer event since their expansion.
thehindubusinessline.comA coalition including Kalshi, Crypto.com and Polymarket filed suit Friday against Kentucky's new excise tax on prediction market operators. The 14.25% levy applies to transaction fees and exceeds the state's 9.75% tax on horse-track wagers.
A Polymarket account identified as initial77a has placed a wager exceeding $500,000 that the U.S. men's national team will not win its opening match against Paraguay. The bet would return approximately $972,000 if successful.
WiredA Rutgers statistician found U.S. users routed between $10.6 billion and $26.7 billion through the offshore platform between May 2025 and April 2026 despite a 2022 ban.
CoinDeskThe Commodity Futures Trading Commission issued a notice of proposed rulemaking on Wednesday that outlines a process for reviewing whether event contracts meet the federal public-interest standard. The proposal covers contracts on prediction market platforms including those opera…
app.buzzsumo.comThe prediction market platform introduced employment verification and risk scoring for sensitive contracts effective immediately after its advisory committee recommended tighter controls.
The two prediction-market platforms updated policies to prohibit affiliates from denying election outcomes or spreading related claims. The companies asked some creators to remove posts or lose sponsorship after recent California primary coverage.
nbcnews.comBetting markets show traders still assign more than 60% probability to a new peace agreement or ceasefire extension before the end of July, down roughly 14 percentage points after recent fighting.
New York PostKalshi and Polymarket directed paid partners to delete social media posts that cast doubt on the outcome of the Los Angeles mayoral election. The platforms cited internal rules that prohibit affiliates from questioning the integrity of election results.
Master Sgt. Gannon Ken Van Dyke faces charges of using classified information on the capture of Venezuelan President Nicolas Maduro to place 13 bets on Polymarket. He pleaded not guilty in April and returns to court on June 8, 2026.
thehindubusinessline.comA review of Polymarket disputes found that accounts deciding outcomes were tied to bets in the same market in nearly 20 percent of cases. The findings have prompted traders to examine how resolutions are reached.
Substrate placeholder — needs reviewRep. Bryan Steil said he is drafting legislation that would prohibit current and former federal lawmakers and candidates from betting on elections and policy outcomes on platforms such as Kalshi and Polymarket. The measure would be attached to a separate bill already approved by…
BenzingaA Politico investigation published June 5, 2026, found Matthew Modabber transferred at least $350,000 to content creators between January 2025 and February 2026. Total transfers from the account exceeded $2.5 million.
benzinga.comA senior executive at the prediction market platform sent hundreds of thousands of dollars to social media influencers. One recipient said the company supplied posts and directed promotion of specific bets.
UMA token holders voted that Strategy's June 1 disclosure date determined contract resolution. The May 31 market resolved No and the June 30 market resolved Yes.
forbes.comThe prediction platform is terminating its contract after Kalshi flagged trades on whether Santos would attend the State of the Union. Federal regulators have opened an investigation into possible insider trading.
winnipegfreepress.comThe prediction platform terminated its contract after Santos placed wagers on Kalshi about his own attendance at the February 24 State of the Union address. Federal regulators opened an insider-trading investigation.
BenzingaGeorge Santos placed a bet on Kalshi that he would not attend President Trump's February State of the Union address after publicly stating he would be present. Rival platform Polymarket ended its paid influencer contract with Santos over the allegations.
nypost.comPrediction markets including Polymarket and Kalshi have increased in use over recent months. Researchers are examining how their forecasts compare with those of subject-matter experts.
coindesk.comA $15 million Polymarket prediction market is in dispute after Strategy disclosed its first bitcoin sale. Questions have arisen over whether trades executed between May 26 and May 31 meet a May 31 deadline.
dimsumdaily.hkA single Polymarket account placed $10.44 million in wagers across three outcomes for the final match. The account realized a net profit of $1.15 million after the match concluded.
restofworld.orgBetting markets show declining odds for a permanent peace agreement between the United States and Iran. Traders on Polymarket currently assign a 57 percent probability to such a deal being reached by July 31, 2026.
Bettors on Polymarket have placed wagers on which firms the U.S. government may next acquire equity positions in. The administration has already taken stakes worth tens of billions of dollars in several public companies.
thestreet.comPrediction markets now assign an 83-84% probability that Bitcoin will reach $70,000 before climbing back above $90,000. The assessment comes from Polymarket and is being tracked by multiple crypto-focused accounts.
cnet.comFederal prosecutors charged a Google software engineer with using confidential company data to place bets on Polymarket. The case raises questions about oversight in prediction markets.
WiredA Google security engineer was arrested in New York and charged with commodities fraud, wire fraud, and money laundering. Prosecutors say he used confidential search data to place bets on Polymarket between October and December 2025.
cnet.comFederal prosecutors charged a Google security engineer with using internal search data to place bets on a prediction market. The case marks the second arrest tied to alleged insider trading on Polymarket.
cnet.comFederal prosecutors charged a Google software engineer with using nonpublic information to place bets on Polymarket. The trades reportedly earned more than $1 million on a single search term.
South China Morning PostIndonesia's communications and digital ministry blocked the predictions platform Polymarket after it hosted bets on the end of President Prabowo Subianto's term. The ministry classified the site as an online gambling service that violates Indonesian law.
Substrate placeholder — needs reviewA prediction market platform reports Bennett at 40 percent and Netanyahu at 36 percent for the next Israeli election. More than $11.3 million has been wagered on the outcome, with the market scheduled to close December 31, 2026.
A prediction market platform recorded a 75 percent probability that Bitcoin will reach $70,000 before climbing to $90,000. The figures come from trading activity on Polymarket.
CoinDeskThe House Oversight Committee is investigating Kalshi and Polymarket after concerns that government employees may have used nonpublic information to profit on event contracts. Chairman James Comer sent letters Friday requesting internal records on identity verification and tradin…
upi.comThe House Oversight Committee is examining Kalshi and Polymarket after reports of large, well-timed bets on geopolitical events. Lawmakers requested internal documents on trading surveillance and account verification.
usethebitcoin.comStates and the federal government are disputing regulatory authority over prediction markets. Companies including Flutter Entertainment, DraftKings, Kalshi, Polymarket, and Robinhood have stated they will continue expanding their platforms.
CoinDeskBlockchain investigator ZachXBT reported that more than $520,000 was moved from two Polymarket smart contracts on the Polygon network. Polymarket said the incident involved a private key compromise of an internal operations wallet and that user funds and market resolutions remain…
english.elpais.comPolymarket is lobbying Japanese officials to authorize prediction markets by 2030. The company aims to secure regulatory clearance for its platform in the country.
Substrate placeholder — needs reviewBlockchain monitor @lookonchain reported that Polymarket's contract appears to be exploited. More than $660,000 has been removed so far according to the same report.
CoinDeskBubblemaps analysts identified 80 bets on Polymarket with a 98 percent win rate on U.S. military actions against Iran. The findings prompted renewed calls for legislation restricting war-related prediction market contracts.
CoinDeskPrediction market platform Polymarket filed with the CFTC to list combinatorial outcome contracts that resolve only if every leg of an underlying contract settles to the specified outcome. The filing states the contracts would be available no earlier than May 21, 2026.
manilatimes.netPolymarket has launched event contracts on private-company milestones including valuations and IPO timing for firms such as OpenAI and Anthropic. Nasdaq Private Market will supply the resolution data and release valuation figures publicly at no cost.
manilatimes.netPolymarket launched prediction markets on Tuesday allowing users to trade contracts tied to private company valuations, IPO plans and secondary activity. The platform partnered with Nasdaq Private Market to offer the new service.