CFTC Poised to Charge Kalshi Over Prediction Market Product Filings
The CFTC has warned Kalshi that charges over unreported product launches could come soon, in a fresh sign that Washington's permissive era for prediction markets is ending.
Topic
Polymarket
Topic
Polymarket
Bettors Wager Nearly $190,000 on Which Trump Official Quits First
A Polymarket bet on the first Trump Cabinet exit has drawn nearly $190,000, with Hegseth at 31%, Wiles at 24% and Rubio at 8% as…
Prediction Markets Put Democrats at 94-95% for House on Election Day
Kalshi and Polymarket put House takeover odds at 94-95% for Democrats, Senate at 77-78%. But Tufts' Brian Schaffner and Veda's He…
3% of Traders Control the Odds: The Rigged Math of Election Betting
Polymarket's odds look like crowd wisdom. Trading data shows 3% of skilled accounts supply the accuracy while 0.1% collect three-…
Kalshi Hits $40 Billion Valuation, Overtaking Polymarket in $1 Billion Raise
Kalshi raised $1 billion in a Series G led by Sequoia and Wellington, hitting a $40 billion valuation and passing Polymarket ahea…
Polymarket Halts Trading After Security Breach at UK Vendor DebugBear
Polymarket paused trading for about an hour Thursday after a security incident at UK third-party provider DebugBear, promising fu…
Polymarket Rolls Out 15-Minute Gold and Silver Bets After $11 Billion Crypto Run
Polymarket's 15-minute crypto bets have hit $11 billion in volume. Now gold and silver are live, with stock and forex contracts o…
Donald Trump Jr.'s Venture Firm to Back Polymarket in New Round
Donald Trump Jr.'s venture capital firm will become a major financial backer of Polymarket, the crypto-based prediction-market pl…
60% of Americans Oppose Election Betting as TV Networks Add Odds
60% of U.S. adults oppose betting on election results, a Reuters/Ipsos poll found, even as CBS News, CNN and CNBC prepare to put…
Crypto Venture Funding Jumps 71% in September as Polymarket Tops $21B
Crypto venture funding climbed more than 71% month over month in September, anchored by Polymarket's $21 billion valuation after…
Polymarket Takes $77,507 in Bets on HSBC and Lloyds Collapse
Polymarket has taken $77,507 (£58,530) in positions on whether HSBC and Lloyds will fail this year, prompting calls for UK author…