Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means
Polymarket, the largest prediction market exchange, has more than $345 million in trading volume stuck in limbo over a question of semantics. Traders bet on whether the United States and Iran would sign a permanent peace deal. Both countries announced an agreement over the weekend, but it is not clear that the announcement meets the […]<br /> This story continues at The Next Web [...]
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Google has reportedly started to add Polymarket data to News results
Google News has begun showing Polymarket bets and odds alongside actual stories, according to a report by Futurism. These look to appear as large blocks that include links to numerous ways for people [...]
Someone allegedly used a hairdryer to rig Polymarket weather bets
A hairdryer was allegedly used to rig Polymarket bets on the weather at Charles de Gaulle airport in Paris, according to a report by The Telegraph. French authorities note that the official temperatur [...]
US soldier arrested for allegedly making over $400,000 on Polymarket with classified Maduro information
United States soldier Gannon Ken Van Dyke has been arrested and charged for placing bets on prediction marketplace Polymarket using classified information he had access to related to the capture of fo [...]
Nevada sues Kalshi for operating a sports gambling market without a license
Nevada is taking action against the rapidly growing Wild West of prediction markets. The state's gambling regulators and attorney general sued Kalshi on Tuesday. They accuse the company of bypass [...]
New Jersey has no right to ban Kalshi's prediction market, US appeals court rules
Kalshi can't be stopped in New Jersey. A 3rd US Circuit Court of Appeals panel ruled on Monday that New Jersey has no authority to regulate Kalshi's prediction market allowing people to bet [...]
CFTC sues three states for trying to regulate prediction markets
The US Commodity Futures Trading Commission is suing Illinois, Arizona and Connecticut for attempting to outlaw or regulate prediction markets like Kalshi and Polymarket. The CFTC believes it has sole [...]