Polymarket News and Prediction Market Platform Updates
U.S. senators seek CFTC probe into Polymarket marketing practices
Regulatory pressure on prediction markets is intensifying as two U.S. senators press for closer scrutiny of Polymarket's promotional tactics. Their request follows allegations that paid ...
Polymarket faces CFTC investigation as regulatory scrutiny returns
Regulatory pressure is mounting again on prediction market platform Polymarket after a recent period of expansion in the U.S. market. The inquiry follows fresh questions over the company’s ...
U.S. senators seek CFTC probe into Polymarket over promotional betting practices
Regulatory scrutiny of prediction markets is intensifying as two senators press for federal action over Polymarket's marketing conduct. Their request follows allegations that fake wagers were used ...
Polymarket tops $1 billion in annualized revenue as U.S. exchange gains traction
Polymarket is accelerating growth as sports-driven trading activity lifts demand across its regulated U.S. exchange and international prediction market platform. The company says annualized ...
Polymarket users hit by $2.9 million phishing attack as platform promises refunds
Prediction market platform Polymarket said a phishing attack resulted in the theft of $2.94 million from users. The company said it has contained the incident and will fully reimburse everyone ...
Kalshi stake gives Trump Jr paper windfall as prediction market valuation climbs
Prediction market operators are gaining momentum as U.S. regulators take a lighter approach to the sector under President Donald Trump. That backdrop has sharply increased the value of Donald ...
Kalshi prepares for IPO amid revenue growth
Prediction markets platform Kalshi has begun preliminary talks with investment banks about a potential initial public offering. Discussions about a possible IPO come amid the company’s rapid ...
U.S. crypto court cases move toward 2026 trials and sentence review
Several high-profile cryptocurrency criminal cases in the Southern District of New York are moving through new procedural stages that could shape legal risk for trading platforms, executives and ...
Polymarket trader makes $9M on Spain-Cape Verde draw
A Polymarket user earned approximately $9 million in profit after a surprising draw between Spain and Cape Verde at the FIFA World Cup. The trade has drawn attention from blockchain analysts, ...
Japanese Bitbank threatens account restrictions over Polymarket
Cryptocurrency exchange Bitbank has warned users that accounts interacting with prediction market platforms, including Polymarket, could face restrictions. The company cited potential risks ...
U.S. offshore prediction market activity reaches up to $34 billion, report says
Offshore prediction markets remain a significant channel for U.S. users even as regulated domestic venues expand and U.S. oversight of the sector becomes more permissive. A new industry analysis ...
U.S. election betting boom tests prediction market insider trading controls
Expanding bets on the U.S. midterm elections are raising scrutiny over whether prediction markets can prevent insider trading across thousands of races. Growing volumes on platforms such as Kalshi ...
Polymarket influencer payments draw scrutiny as marketing push expands in the U.S.
Prediction market operator Polymarket is facing fresh scrutiny over a marketing campaign that paid online influencers while many promotional posts did not clearly disclose sponsorships. The ...
U.S. House Republicans weigh prediction market curbs in lawmakers trading bill
Republicans in the U.S. House of Representatives are moving to fold prediction market restrictions into a stalled congressional stock trading ban as scrutiny grows over whether lawmakers should be ...
South Korean police launch investigation against Polymarket users
South Korea’s National Police Agency is investigating local Polymarket users. They are suspected of illegal gambling.According to local media, the investigation is being led by the Gangwon ...
Polymarket faces backlash over Strategy Bitcoin bet ruling
Polymarket is facing backlash after a disputed market on whether Strategy sold Bitcoin by May 31 was proposed to resolve as “No,” despite the company later confirming a sale took place ...
Google employee faces insider trading charges over Polymarket bets
Federal prosecutors and the Commodity Futures Trading Commission are pursuing a Google software engineer over alleged use of confidential company data in prediction market wagers. The case adds to ...
White House reviews CFTC plan to regulate prediction markets
Federal oversight of prediction markets is drawing fresh scrutiny as the White House reviews a Commodity Futures Trading Commission proposal covering platforms such as Kalshi and Polymarket. The ...
Polymarket considers tighter user checks as regulatory pressure grows
Rising scrutiny of prediction markets is pushing Polymarket to review how it manages legal and sanctions-related risks across its platform. The company is reportedly weighing stricter identity ...
Indonesia blocks Polymarket over bets on president exit
Indonesia has blocked access to the prediction market Polymarket. The move came shortly after wagers appeared on the platform over whether President Prabowo Subianto would leave office ...
Kalshi and Polymarket face U.S. congressional scrutiny
U.S. lawmakers have increased pressure on prediction markets, which in recent years have become a popular way to bet on the outcomes of elections, wars and political decisions. The House ...
