Why prediction markets like Polymarket and Kalshi often fail the average investor
Big traders don’t always know best. Source:MarketWatch
Wall Street banks tighten prediction market rules for staff as insider fears spread
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades as insider trading fears spread across…
Polymarket seeks approval to bring margin trading to U.S. customers
Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.…
Polymarket bets on U.S. marketing blitz to win back trust after 4-year ban: Report
The prediction market's head of U.S. operations says the business is taking steps to legitimize itself after years of legal scrutiny. Source:CoinDesk
South Korea weighs action against Polymarket over gambling concerns
South Korea’s media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction…
Americans traded $571 million on Polymarket politic bets despite U.S. ban
U.S.linked wallets traded $571 million in political contracts over the past year, more than any other country, even though the platform legally cannot serve…
US dominates Polymarket political bets despite geoblock: Report
New data from Allium suggest that US users are bypassing geoblocks to bet on markets offered on Polymarket’s global platform. Source:Cointelegraph
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the…
Polymarket hack updated to $3.1 million days after the platform promised users full refunds
The prediction markets giant is under investigation in connection with false or deceptive marketing practices, according to news reports. Source:CoinDesk
US senators urge CFTC probe Polymarket over ‘deceptive marketing’
Senators John Curtis and Adam Schiff are concerned about the CFTC’s enforcement ability after a “troubling” report on Polymarket’s advertising.…
Polymarket hit by $2.9M theft, users to be refunded
Polymarket said it contained the compromise and removed the affected dependency after attackers injected a malicious script into its frontend.…
Polymarket hit by $2.9M theft, users to be refunded
Polymarket said it contained the compromise and removed the affected dependency after attackers injected a malicious script into its frontend.…