Chasing 100x tokens is game of 'irrational exuberance,' says Polymarket CEO
Some traders are looking for more predictable prediction market opportunities, rather than playing "hot potato" with the next 100x gem, according to Polymarket…


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3 stories in the last 7 days, reading bearish overall. Quiet in the last 24 hours.

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| Sat, Oct 3 | −37.7 | 1 |
Some traders are looking for more predictable prediction market opportunities, rather than playing "hot potato" with the next 100x gem, according to Polymarket…

Polymarket begins its Protocol V2 rollout ahead of a planned November transition for new prediction markets, while existing positions remain on the current sys…

Revelation comes amid mounting concern over online prediction market's effects on integrity of financial systemUK authorities are being urged to intervene afte…

Unusual trading patterns on Kalshi and Polymarket are drawing scrutiny as experts debate whether reported volumes reflect organic market activity.

Lisa Mantil, after a nearly three-decade run at Goldman, will join the prediction market's team to attract institutional traders.

State attorney general Letitia James claims Polymarket has violated the state's gambling laws.

The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illeg…

New York on Thursday sued Polymarket, accusing the company of running an illegal gambling operation that skirts industry regulations in the latest challenge to…

South Korean police reportedly referred 18 Polymarket users to prosecutors in a gambling probe involving 26 people and $12.7 million in bets.

Traders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the contracts on the election opened.

The agency that oversees prediction markets has investigated Polymarket trades on Biden pardons and the Iran war - and even more potential insider trading at G…

The state was the first to pass a law banning Kalshi and Polymarket. A lawsuit filed by a federal agency may set a precedent on who gets to regulate them.

The NFL is demanding that prediction markets like Kalshi and Polymarket stop offering risky bets that can be easily influenced by one person. Mark Strassman ha…

Donald Trump Jr.-linked 1789 Capital will reportedly lead a $1 billion investment round into Polymarket, which would value the platform at $21 billion, just be…

The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump's firm, 1789 Capital, will invest around $300 million.

The firm, 1789 Capital, led the funding round that reportedly will total around $1 billion.

Michele Spagnuolo was arrested for alleged insider trading on Polymarket, but the Switzerland-based engineer says he was simply gambling - activity that is bey…

The New York City Council is investigating prediction markets Polymarket, Kalshi, Coinbase and Gemini Titan for alleged deceptive marketing and targeting under…

The council is raising concerns over what it describes as the "predatory" and "potentially false, deceptive, or abusive" methods of key players in the multibil…
The marketing changes come amid an investigation by the Commodity Futures Trading Commission into the company's promotional practices.

Researchers warn betting on clinical trials could incentivize insider trading and interfere with drug development. But Kalshi and Polymarket say they provide v…
The reports come after the company told CNBC in June that its annualized revenue was well above $1 billion.

The bitter feud between the bosses of Polymarket and Kalshi has been even more vicious and petty than previously known, The Post has learned.

A Wall Street regulator, Kalshi and Polymarket had sued after Gov. Tim Walz signed the measure into law in May, making it a crime to operate, host or promote a…

Prediction market giant Kalshi played a role in an infamous November 2024 raid on the apartment of its arch-rival CEO's apartment - one of a handful of blows t…

Shayne Coplan of Polymarket and Tarek Mansour of Kalshi are young billionaires intent on dominating prediction markets. It's more than a battle. It's "bad bloo…

The prediction market's Panamanian operation seems odd, even for a company whose CEO had his apartment raided by FBI agents.

Big traders don't always know best.
After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public

South Korea's media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction marke…

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