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Kalshi has banned three US political candidates for five years and issued fines after they placed wagers on the outcomes of their own election races. Kalshi Insider Trading Crackdown The platform flagged the trades through newly rolled out safeguards designed to block candidates from betting on thei

Polymarket is in talks to raise $400 million in fresh funding at a valuation near $15 billion, people familiar with the talks said. Polymarket Funding Round The prediction market platform is courting investors for capital that could lift the round to $1 billion in total, The Information reported Sun

Bernstein estimates prediction market trading volumes will hit $1 trillion by 2030, driven by a fourfold surge in activity this year alone. Prediction Markets Boom The investment bank said in a Tuesday report that Kalshi and Polymarket, the two largest platforms, have already generated about $60 bil

Binance added prediction markets to its app, letting users speculate on real-world events through an on-chain integration with Predict.fun on the BNB (BNB) Smart Chain. Binance Prediction Feature Details The exchange built a "Prediction" tab inside its Markets section, connecting users to probabilit

A federal appeals court ruled on Apr. 6 that Kalshi can keep offering sports-related event contracts in New Jersey, with the majority holding that those markets fall under the Commodity Futures Trading Commission rather than state gambling regulators. The decision gives the company its strongest cou