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Prediction market traders are pricing some of the most bearish bitcoin outlooks of 2026, with more than $75 million in combined volume flowing into Polymarket and Kalshi contracts that see…
A prediction-market trader earned $8.47 million in a single day betting on the FIFA World Cup. The wagers spanned the Sweden-Japan and Ecuador-Germany fixtures. Two Wallets, Multimillion-Dollar Wagers According to…
Prediction-market platform Polymarket said hackers stole roughly $3 million from users after a third-party vendor was compromised and malicious code was injected into its website. The incident has since been…
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1.
The Commodity Futures Trading Commission has sued Kentucky, now the ninth state the regulator is battling in its fight over prediction markets.
The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place wagers using a points system rather than money.
Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed “Arena,” the New York Times reported Tuesday, citing two employees with knowledge…
Prediction market traders on Kalshi are pricing only a 19% to 22% chance that bitcoin crosses $100,000 before January 2027, with over $10 million wagered across timing contracts tied to…
Kalshi has opened informal talks with investment banks about a possible initial public offering, according to a report from The Information published this week. According to The Information report, the…