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The Latest Breaking News from Polymarket

Kalshi fines MrBeast employee $20,000 for insider trading, cofounder issues salty warning to others

Kalshi also fined a political candidate, and its cofounder issued an off-color warning to others thinking of insider trading.

Fortune

Everything can be a bet now – the rise and risks of prediction markets

Yes or no? It’s a simple question that now drives more than US$13 billion (£9.7 billion) a month on prediction markets – companies like Polymarket, PredictIt and Kalshi.

The Conversation

Streamer Clavicular breaks silence on Polymarket 20% prediction during Piers Morgan Uncensored after charges were dropped

Clavicular reacted after Polymarket predicted a 20 percent chance he could be charged with a crime by June 30. Speaking on the Piers Morgan Uncensored, he said he would try to stay out of trouble. His recent Arizona arrest was dismissed, but controversy and online speculation continue to follow him.

The Times of India

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Hungarian polls split on April election outcome as Fidesz and Tisza trade leads

The central European country of 9.5 million faces a crucial vote in less than two months, with polls showing wildly different outcomes depending on who conducts the survey.

Euronews

Sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket

Novig’s Series B values the startup at $500 million with backing from Pantera Capital, Multicoin, and Forerunner.

Fortune

Inside Dragonfly Capital’s $650 million fourth fund and its early bets on Polymarket and Rain

Why the crypto VC has thrived despite a new bear market.

Fortune

Trump administration backs Kalshi, Polymarket as states move to ban prediction markets

The Trump administration has backed Kalshi and Polymarket in a court fight over whether prediction markets constitute gambling

The Independent UK

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Exclusive: Crypto venture firm Dragonfly closes $650 million fourth fund—even as blockchain VCs face ‘mass extinction’

An inside look at the fast-rising firm, from its early Polymarket bet to its mysterious founding partner.

Fortune

Surging prediction markets face legal backlash in US: ‘Lines have been blurred’

At least 20 federal suits filed against companies like Kalshi and Polymarket as lawmakers call it ‘loophole’ for gambling

The Guardian - US

Pam Bondi sees her odds spike on Polymarket to be first cabinet member ousted after combative Epstein testimony

The Department of Justice has been under intense scrutiny for months over its handling of documents related to the late convicted sex offender Jeffrey Epstein

The Independent UK

‘Another way to gamble money’: booming prediction markets prompt confusion and concern

Polymarket and Kalshi are less regulated than betting sites, but users can win or lose large sums on the platforms

The Guardian - US

Bad Bunny's Super Bowl show: Why is Cardi B upsetting traders?

Cardi B joined singers Karol G and Young Miko, along with actors Jessica Alba and Pedro Pascal, during the halftime spectacle.

Euronews

Cardi B’s Super Bowl cameo sparks formal complaint to US regulator

Cardi B was part of Bad Bunny’s Super Bowl halftime show on Sunday but a dispute has arisen as to whether the star was singing

The Independent UK

Cardi B's cameo in Bad Bunny's Super Bowl halftime show leads to dispute on prediction markets

Cardi B was part of Bad Bunny’s Super Bowl halftime show

The Independent UK

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Barchart

I Created My Own Prediction Market. What It’s Telling Me About the S&P 500 Now, and What Comes Next.

My proprietary ROAR score acts akin to Polymarket or Kalshi. It’s showing the odds of an up move in the S&P 500 are lower than the odds of a down move coming next.

Fortune

America's new love affair with gambling drives Kalshi to $871 million haul on Super Bowl Sunday

Days before the Super Bowl, Michael Lewis warned that sports gambling is "especially predatory toward young men."

GOBankingRates

Gamblers Placing Bets on $2K Tariff Dividend Check — What Are the Odds?

Prediction markets grow as Americans bet on politics, policy and economy. Meanwhile, odds of Trump’s proposed tariff dividend checks remain low across platforms

The Guardian - US

‘We all on Kalshi now’: Giannis Antetokounmpo and the quiet collapse of sporting trust

The Bucks star has become a shareholder in one of the world’s largest prediction markets. It only ushers the NBA further into the fetid swamp of sports betting

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Reason

How Thousands of Randos Like Me Landed in the Epstein Files

To make sense of the Justice Department’s latest documents, you have to understand what they actually are.

The Guardian - US

Mamdani takes sardonic view of Polymarket’s ‘free grocery store’ stunt in New York

Cryptocurrency-based prediction market announced it would open store in apparent nod to mayor’s signature policy

Reason

The Private Sector Handles Hunger Better Than Mamdani Could

Polymarket’s pop-up grocery and Kalshi’s food money giveaways are the latest examples in New York’s decades-long history of food charity.

Fortune

Kalshi gave away $50 in free groceries for 3 hours in New York City. A line 4 blocks long full of students and people on food stamps formed

“They’re helping the community,” 28-year-old Kayla told Fortune. “So even if they’re also hurting the community, it kind of balances out.”

Fortune

Kairos, which is building a cross-platform tool for professional prediction markets traders, raises $2.5 million from a16z crypto

The startup’s platform will display bets from Kalshi and Polymarket.

Bored Panda

Trevor Noah’s Bizarre Grammys Statement Sparks Wild Theories

“I wonder how much Polymarket paid him for this,” a user wrote.

Axios

Prediction markets have a fake news problem

Polymarket's social media accounts are pumping out false and misleading claims to millions of people online.

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