Polymarket Traders Profit $37K From Paris Weather Glitch
Two Polymarket accounts made over $37,000 betting on Paris temperature markets after a suspected weather station glitch caused sudden spikes.
Tag: Prediction Markets
49 results found
Kalshi Bans 3 US Candidates Over Insider Bets on Elections
Kalshi has banned and fined two US congressional candidates and one sitting lawmaker for betting on the outcomes of their own political races.
Coinbase Shifts NY Prediction Markets Case to Federal Court
Coinbase transferred its lawsuit against the New York attorney general to a federal court, in a move that may bring greater clarity related to the CFTC’s jurisdiction over prediction markets.
Kalshi Eyes Crypto Perpetual Futures Expansion: Report
Kalshi plans to launch crypto perpetual futures, signaling a shift beyond prediction markets amid intensifying competition in regulated derivatives trading, according to The Information.
New York Sues Coinbase, Gemini Over Unlicensed Markets
New York has sued Coinbase and Gemini for allegedly running unlicensed markets, highlighting rising state-level pressure on crypto and prediction platforms.
Last Week Tonight‘s John Oliver Says he Won‘t Placate Prediction...
TV host John Oliver took aim at prediction markets as well as Coinbase CEO Brian Armstrong for upending user bets on his Q3 2025 earnings call.
Polymarket Looks to Raise $400M at $15B valuation: Report
Polymarket is reportedly looking to raise another $400 million from investors at about a $15 billion valuation, potentially adding to a wave of capital flowing into prediction markets.
Charles Schwab, Citadel Both Mull Prediction Market Play
Prediction markets have caught the interest of finance giants Charles Schwab and Citadel Securities, with each looking at how they can get in on the rapidly growing sector.
Polymarket Traders See 73% Chance of Hormuz Strait Reopening by...
Polymarket traders forecast when oil tanker traffic traveling through the Strait of Hormuz, a critical oil shipping waterway, will return to normal.
After Kalshi Appeal, Prediction Markets Fight Could Head to Supreme...
The US Court of Appeals for the Ninth Circuit heard oral arguments from Kalshi and the state of Nevada over authorities attempting to bar some of the platform's event contracts.
With No Bipartisan Leadership, CFTC ‘Won’t Slow Down‘ on Rulemaking
CFTC Chair Michael Selig face questioning from lawmakers in the House Agriculture Committee on prediction markets and the agency's leadership.
CFTC Probes Oil Futures Trades Related to US-Iran News
The US commodities regulator is investigating suspicious oil futures trades that were made ahead of two US announcements regarding the war in Iran.
