Polymarket

Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades on platforms like Polymarket and Kalshi due to rising concerns over insider trading.

North Carolina's budget law delegates oversight of prediction markets like Kalshi and Polymarket to the CFTC, recognizing its federal regulatory authority. The state taxes these platforms at 6%, significantly lower than rates pursued by other states.

Polymarket is seeking regulatory approval to offer margin trading to its U.S. customers. The company aims to expand its trading options in the United States.

Polymarket has filed applications to offer regulated margin trading in the US. Its rival platform, Kalshi, previously received US regulatory approval for the same service in March.

Goldman Sachs has restricted employee betting on prediction market platforms like Kalshi and Polymarket. These platforms are creating compliance challenges for heavily regulated banks.

An SDNY judge ruled that New York’s gambling regulations apply to Kalshi’s sports-event contracts, challenging the companies' argument that their platforms operate as futures contracts rather than gambling. The decision supports claims from 16 states that prediction markets like Kalshi and Polymarket threaten state revenue from casinos and gaming, while the companies and CFTC chair Michael Selig argue these markets help corporations hedge business risks.

Polymarket offers a $50 trading bonus for users who deposit $20 using the promo code NYPMAX. The promotion is tied to the France vs. Morocco event and grants instant access to the Polymarket mobile app.

A New York federal judge denied Kalshi's request to block state regulators from enforcing gambling laws against prediction markets, ruling that federal law does not preempt state regulation. The judge cited a provision in the Commodity Exchange Act and New York's historical interest in regulating gambling. Governor Kathy Hochul and Attorney General Letitia James celebrated the decision as a consumer protection victory.

Polymarket is launching a U.S. marketing campaign to rebuild trust following a 4-year ban. The initiative aims to address public skepticism through targeted outreach.

Polymarket is re-entering the U.S. market with a new regulatory-compliant platform after settling federal charges in 2022. The company is hiring compliance experts and partnering with major organizations to rebuild trust and differentiate its U.S. operations from its offshore predecessor.

The Texas Medical Association is advocating for regulations on prediction market platforms like Kalshi and Polymarket, citing concerns that these services may contribute to gambling addictions among young adults. The organization proposes restricting access to individuals under 21 years old.

The 2026 Genesis Scottish Open returns to The Renaissance Club in North Berwick, Scotland, co-sanctioned by the PGA TOUR and DP World Tour. Reigning champion Chris Gotterup aims to defend his title, while LIV Tour players Jon Rahm and Tyrrell Hatton join major champions Scottie Scheffler and Rory McIlroy in a competitive field. Betting picks highlight Ludvig Åberg, Tyrrell Hatton, and Nicolai Højgaard as top contenders.

Polymarket is re-entering the U.S. market after a four-year absence, launching a campaign to rebuild trust through partnerships, influencer marketing, and new compliance hires. The company, which previously operated offshore following 2022 federal charges, now operates a CFTC-regulated U.S. platform separate from its blockchain-based international service. Key hires include executives from Coinbase, Robinhood, and former DOJ/FBI officials.

Polymarket, a crypto-powered betting exchange, has bettors predicting Barisan Nasional (BN) as the overwhelming favorite to retain control of Malaysia’s Johor state in Saturday’s election. As of Wednesday, BN was priced at a 92.8% chance of winning the most seats.

Polymarket, a crypto-native prediction market, now supports instant Bitcoin deposits via the Lightning Network using Spark's infrastructure. This update offers faster, more private transactions compared to previous on-chain methods, reducing wait times and fees. Spark handles validation and confirmation risks, enabling self-custodial deposits tied to user keys.

Traders are suing Polymarket over a post-event rule change that invalidated their 'Yes' bets on Strategy's Bitcoin sale. The plaintiffs claim the rule alteration caused their winning bets to become losses.

Two traders are suing Polymarket, alleging the platform incorrectly resolved a market as 'No' despite Strategy's SEC filing revealing it sold 32 BTC between May 26 and May 31. The plaintiffs claim the resolution was unjustified based on the disclosed transaction data.

Polymarket and Kalshi, prediction market platforms criticized for enabling financial risk-taking, are using free groceries as incentives to attract users in New York subway stations. The companies face scrutiny but are employing new strategies to expand their reach.

Polymarket offers a $50 trading bonus for World Cup markets when users deposit $20 using the promo code NYPMAX. The promotion is specifically for the United States vs. Belgium match.

Americans traded $571 million on Polymarket politic bets. This occurred despite a U.S. ban on such activities.

Polymarket offers a $50 trading bonus for World Cup markets with the promo code NYPMAX when users deposit $20. The promotion is specifically highlighted for the Canada vs. Morocco match.

Spotify requested Kalshi and Polymarket to remove its branding after 500,000 fake streams manipulated a $3 million music market. The fake streams were used to influence outcomes in music betting markets.

US users are bypassing geoblocks to bet on political markets on Polymarket's global platform. New data from Allium highlights this trend, showing the US dominates these activities despite restrictions.

Spotify requested Kalshi and Polymarket to remove its logo after users allegedly manipulated data on the platform to profit from prediction markets. The company deleted half a million streams from Malcolm Todd’s song following a surge in listens linked to suspicious wagers on Kalshi. French authorities also investigated a potential tampering of a weather device at Paris’ airport to win a Polymarket bet.

North Carolina's $34 billion budget passed the House and Senate with bipartisan support and moves to Gov. Josh Stein for approval. The budget includes a 23% tax on sports betting revenue and a 6% tax on prediction market trading sites, drawing criticism for potential revenue loss to UNC schools. Legislative delays caused a year-long gap in passing a comprehensive budget.

Polymarket is offering a $50 trading bonus for deposits of $20 using the promo code NYPMAX for markets related to the Belgium vs. Senegal game. The promotion is specifically tied to trading activities for this event.

Susquehanna Investment Group is seeking $70 million from 100 unnamed defendants it alleges engaged in insider trading ahead of China's crackdown on offshore brokers. The trades, primarily through Interactive Brokers, involved options that profited as shares of Nasdaq-listed brokers fell following a regulatory announcement by China's financial regulator.

A Reddit user was approached by a girl discussing a crypto investment site called Block HRT, which offers a 'seconds option function.' The user registered with their ID but hasn't invested, expressing concern due to the site's lack of searchable information. The girl demonstrated knowledge of crypto topics like polymarket and blockchain.

Polymarket offers a $50 bonus for new users who deposit $20 using the promo code NYPMAX ahead of the World Cup knockout match between Paraguay and Germany. Germany is heavily favored to advance in the tournament.

Polymarket offers a $50 trading bonus for users who deposit $20 and use the promo code NYPMAX ahead of the Panama vs. England World Cup match.

Polymarket experienced a hack with the stolen amount updated to $3.1 million. The platform had previously promised users full refunds following the incident.

The article discusses the possibility of a new best smart speaker, alongside the author's recent interests in topics like Polymarket, Jalen Brunson, the Arts and Crafts Movement, and entertainment such as the World Cup and The Bear. It also mentions a Stanley Kubrick collection and Hank Green's 4×3 game.

Senators John Curtis and Adam Schiff have called for the CFTC to investigate Polymarket due to allegations of deceptive marketing. They expressed concerns regarding the CFTC's ability to enforce regulations following a recent report on Polymarket's advertising practices.

The Commodity Futures Trading Commission has begun investigating Polymarket, a prediction market company associated with Donald Trump Jr. This action is described as a test for the key regulator.

U.S. lawmakers are urging federal regulators to investigate Polymarket over allegations of deceptive marketing involving staged trading videos. The platform is accused of using simulated environments in social media content to mislead viewers about real returns and platform activity. Lawmakers argue the campaign could misrepresent how prediction markets work and call for the Commodity Futures Trading Commission to examine potential violations of federal rules.

Senators are demanding answers from the CFTC regarding allegations of deceptive marketing by Polymarket. The inquiry focuses on claims that Polymarket engaged in misleading advertising practices.

Polymarket customers lost an estimated $3 million due to a supply-chain attack where hackers injected a malicious script into the platform's frontend via a third-party vendor breach. The company has committed to fully reimbursing affected customers.

Polymarket's annualized revenue exceeded $1 billion within six weeks of its U.S. launch. Daily trading volume on the platform increased from approximately $50 million in mid-May to over $200 million by June 20.

Polymarket's annualized revenue surpassed $1 billion six weeks after its U.S. exchange launch, driven by World Cup trading and the end of its U.S. waitlist. The prediction market platform is experiencing rapid growth due to these factors.

Denver's congressional race between Rep. Diana DeGette and challenger Melat Kiros has seen heavy spending from campaigns and outside groups, with prediction markets and polling indicating a tightening contest. Kiros, endorsed by U.S. Sen. Bernie Sanders, has gained momentum, while DeGette's supporters have spent over $2 million to attack her. Both candidates face claims of misinformation in their ads.