41 stories about Prediction Markets from across the crypto press, curated and summarized daily. Most recent: Aug 29, 2026.
Kentucky is moving to regulate prediction markets, putting it at odds with Donald Trump's stance that states should avoid firms like Kalshi and Polymarket. This clash highlights growing tensions between state-level innovation and federal policy in crypto-related markets.
The CFTC proposed new rules for burgeoning prediction markets that delineate what bets would be allowed under federal law.
Quantitative trading firms are hiring aggressively for prediction markets like Polymarket and Kalshi, not to bet on outcomes but to exploit market inefficiencies. This shift signals growing interest in these platforms beyond niche betting.
Rep. Bryan Steil plans to add prediction markets like Polymarket and Kalshi to a congressional stock ban bill. This move could impact how lawmakers participate in crypto-based betting platforms.
Galaxy Digital has entered the institutional prediction markets with a $10 million trade tied to U.S. crypto legislation. This marks the first major move by a digital asset firm to offer over-the-counter (OTC) prediction markets for institutional investors.
Wintermute is providing liquidity on the two biggest prediction markets—Kalshi and Polymarket—linking flows for both firms, according to a source familiar with the matter. The move aims to improve trading efficiency and liquidity for users on both platforms. The exact terms of the arrangement were not disclosed.
A Google engineer allegedly used non-public search data to trade on Polymarket, marking the second arrest for insider trading in prediction markets. The case highlights risks and regulatory scrutiny in crypto prediction platforms.
Indonesia has blocked the prediction market platform Polymarket due to bets on President Prabowo Subianto's early exit, citing concerns over gambling. This move highlights growing global scrutiny of decentralized prediction markets.
Hyperliquid is expanding beyond crypto into pre-IPO markets and prediction contracts, offering 24/7 trading. This puts traditional exchanges on notice, according to a new report by FalconX.
House Oversight Chairman James Comer is investigating potential insider trading on prediction markets Kalshi and Polymarket. He has given both platforms until June 5 to provide documents.
The Ninth Circuit Court ruled that prediction market platforms Kalshi and Polymarket must face state gambling enforcement, rejecting their argument that federal oversight shields them. This decision could impact how crypto-based prediction markets operate in the U.S.
Congress is probing prediction markets Polymarket and Kalshi over concerns government employees might be trading on classified information. Rep. James Comer is demanding internal records from the platforms' CEOs. This investigation highlights growing scrutiny over how prediction markets operate and their potential misuse by insiders with access to sensitive information.
India has forced crypto prediction market Polymarket to shut down, and regulators may target Kalshi next. This crackdown could impact global users of these platforms. Prediction markets let people bet on future events using real money, and India's actions could disrupt this growing sector.
Congress is considering banning crypto prediction markets after investigators found statistically impossible betting patterns. This follows concerns that these platforms could be used for insider trading or manipulating public perception.
The CFTC has sued Minnesota after Governor Tim Walz signed a law banning prediction markets. This legal battle could impact the future of decentralized prediction platforms in the U.S.
Polymarket now lets everyday traders bet on startup milestones, a market previously limited to Wall Street insiders. This could democratize access to high-stakes private company predictions.
Gemini's revenue grew 42% to $50.3 million in Q1 2026, driven by services, OTC trading, and its crypto-linked credit card. This marks the company's first public disclosure of prediction market metrics.