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The rise of Maria Corina Machado, a Venezuelan opposition leader, as the leading option in Polymarket for winning the Nobel Peace Prize hours after the announcement of her victory, sparked…
Kalshi, a blockchain-based prediction market company, has raised $300 million in a recent funding round, capitalizing on the increased popularity of these platforms. The round, which pushes Kalshi’s valuation to…
Polymarket, a blockchain-based prediction platform, has received a $2 billion investment from Intercontinental Exchange (ICE), marking a pivotal step in merging traditional finance (TradFi) with decentralized markets. Inside ICE’s Polymarket…
Robinhood is reportedly taking its prediction markets global, betting that the world is just as eager to wager on everything from elections to sports. Not content with just disrupting domestic…
Users of the largest prediction markets, Kalshi and Polymarket, consider the U.S. government shutdown a done deal. Bets open on both platforms put the probability above 78% as both parties…
Eric Trump, son of President Donald Trump, said he believes bitcoin will surpass $1 million and is extremely bullish on the cryptocurrency’s future. Prediction markets put the probability of that…
Polymarket and Kalshi are reportedly weighing fresh fundraising rounds at valuations of $9 billion and $5 billion, respectively, according to a new report from The Information. Technology newsletter The Information…
The Massachusetts Attorney General’s Office has filed a lawsuit against prediction market platform KalshiEX LLC, alleging it illegally offered sports wagering to state residents without a license. Bay State Calls…
Ghislaine Maxwell, once a close associate of the late financier and sex-trafficking operator, Jeffrey Epstein, said she does not believe Epstein took his own life. She also stressed that she…
Following Federal Reserve Chair Jerome Powell’s dovish remarks at Jackson Hole, markets are bracing for a possible rate cut in September. The Fed’s September Call Has Traders on Edge —…