Wall Street giants Goldman Sachs and Morgan Stanley are restricting employee prediction market trades on platforms like Polymarket and Kalshi due to insider trading fears.
Prediction market platform Polymarket is seeking U.S. regulatory approval to offer margin trading to its customers, allowing for uncollateralized positions.
Prediction market **Polymarket** is initiating a **U.S. marketing blitz** to regain trust following a **four-year ban** and extensive legal scrutiny, according to its head of U.S. operations.
South Korea's media and communications review body is scrutinizing decentralized prediction market Polymarket for potential unregulated gambling activities.
U.S.-linked wallets have traded a staggering $571 million in political prediction contracts on Polymarket over the past year, despite a legal ban.
New data from Allium indicates that users in the United States are actively circumventing geoblocks to participate in betting markets on Polymarket's global platform.
Bernstein suggests prediction market platforms Kalshi and Polymarket could become M&A targets as operational consolidation blurs lines between exchanges and sportsbooks.
Polymarket's frontend exploit cost has risen to $3.1 million, days after the platform pledged full refunds, as it faces a regulatory investigation.
Senators John Curtis and Adam Schiff have questioned the CFTC's enforcement ability, citing a "troubling" report on Polymarket's advertising.
Prediction market Polymarket will refund users $2.9 million after a malicious script on its frontend led to a theft, which has now been contained.
Decentralized prediction market Polymarket will refund users $2.9 million after a malicious script led to a frontend theft.
Decentralized prediction market Polymarket onboarded a significant number of new crypto users, with **60%** of its **World Cup** bettors being first-timers.
Polymarket onboarded 60% of its World Cup bettors as first-time crypto users, demonstrating the platform's role in mainstream crypto adoption.
Prediction market operator Kalshi is reportedly targeting a **$40 billion** valuation and a new funding round in Q3, eyeing a potential public debut by **2027**.
Cboe, a major U.S. derivatives exchange, is reintroducing S&P 500 binary options after a decade, targeting a market popularized by Polymarket and Kalshi.
Kentucky's Attorney General has filed suit against Polymarket, Kalshi, Coinbase, Robinhood, and Webull over the offering of sports event contracts.
Kentucky regulators are moving to restrict prediction markets like Kalshi and Polymarket, creating a potential conflict with national political figures.
Several high-profile cryptocurrency legal cases, including those of Polymarket, Tornado Cash, and Alex Mashinsky, are progressing through the courts.
A new Polymarket account reportedly transformed a $4 million wager into a $9 million profit by betting against Spain in a recent World Cup match.
A single high-stakes bet on the World Cup on the Polymarket platform resulted in one trader losing $1 million, while another reaped millions.
Japanese cryptocurrency exchange Bitbank has begun restricting transactions linked to the prediction market platform Polymarket, citing concerns over local gambling laws.
Japanese crypto exchange Bitbank is cautioning users about potential account suspensions for transactions connected to Polymarket, citing national gambling laws.
On-chain prediction markets Polymarket and Ventuals are valuing SpaceX at an astonishing $2 trillion as anticipation builds for its potential IPO.
The CFTC has introduced a proposed rule to define "public interest" criteria for prediction market contracts, signaling a significant shift towards formal regulation for these platforms.
A US soldier is set to face trial in December for allegedly using confidential military information to trade on the prediction market platform Polymarket.
Sophisticated quantitative trading firms are increasingly targeting prediction platforms like Polymarket and Kalshi, not for simple betting, but to exploit market inefficiencies for profit.
South Korean police are investigating users of Polymarket for alleged illegal gambling, marking the country's first such crypto-related probe.
A Republican representative plans to broaden a proposed ban on congressional stock trading to encompass prediction markets, aiming to curb potential conflicts of interest.
Users of the prediction market Polymarket are expressing frustration after a contract asking if MicroStrategy would sell Bitcoin by May 31 resolved to "no."
Polymarket's UMA voters have clarified that MicroStrategy's Bitcoin sale, made in late May but disclosed in June, counts for the June prediction market contract.
A $79 million Polymarket bet scrutinizes whether MicroStrategy's Bitcoin sale disclosure aligns with a crucial May 31 deadline.
A recent Bitcoin sale by 'Strategy' has triggered an $80 million dispute on Polymarket, with users clashing over the timing and transparency of the transaction.
A $50 million Polymarket bet on MicroStrategy's Bitcoin sale timing awaits resolution, highlighting intense scrutiny of corporate crypto strategies.
MicroStrategy's recent Bitcoin sale has sparked a $14 million betting controversy on Polymarket, with participants disputing transaction and disclosure dates.
Digital asset market maker Wintermute is now providing liquidity to major prediction platforms Kalshi and Polymarket, linking their operational flows.