Auto Added by WPeMatico

Polymarket Confirms Hackers Drained $3 Million From Users After Third-Party Breach

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…

Continue ReadingPolymarket Confirms Hackers Drained $3 Million From Users After Third-Party Breach

Zuckerberg Orders Meta Into Prediction Markets With New App Codenamed ‘Arena’

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…

Continue ReadingZuckerberg Orders Meta Into Prediction Markets With New App Codenamed ‘Arena’

‘Stop Lawmakers From Predicting’: GOP Bill Targets Congress Betting on Kalshi and Polymarket

Republican Rep. Bryan Steil has introduced the Stop Lawmakers from Predicting Act, a bill that would bar House members, their spouses and their children from wagering on political and policy…

Continue Reading‘Stop Lawmakers From Predicting’: GOP Bill Targets Congress Betting on Kalshi and Polymarket

Report: Charles Schwab Targets Kalshi and Polymarket Territory With New Cboe Deal

Charles Schwab is moving into prediction markets, but only on its own terms. The brokerage Charles Schwab has reportedly partnered with Cboe Global Markets to offer binary-style options contracts tied…

Continue ReadingReport: Charles Schwab Targets Kalshi and Polymarket Territory With New Cboe Deal

Wealthsimple launches Kalshi-powered prediction market app for Canadian investors

The offering follows regulatory approval earlier this year and comes as prediction markets face legal challenges from regulators, exchanges and policymakers around the world.

Continue ReadingWealthsimple launches Kalshi-powered prediction market app for Canadian investors