Prediction-market platform Kalshi recently unveiled a swath of “market integrity” updates that all relate to one thing: stopping illegal trading by insiders. The updates include things like risk ...
Rep. Bryan Steil, R-Wisc., is drafting legislation to prevent current and former Congress members, as well as candidates, from betting in prediction markets on elections and politics. Polymarket and ...
Prediction markets allow people to trade on the outcome of real-world events, from basketball games to elections. And trading volume on Kalshi and Polymarket – the two leading prediction markets – has ...
Sixteen states are involved in legal proceedings with prediction market platforms, while one state has moved to ban them. The Commodity Futures Trading Commission has sued six states to defend what it ...
The war with Iran and the U.S. military operation to capture Venezuelan President Nicolás Maduro have carried the usual hallmarks of conflict: soldiers, strategy, casualties, cost. But they've also ...
How many times will Elon Musk post on X today? Will Donald Trump do anything this week? Hantavirus pandemic in 2026? Where will Taylor Swift and Travis Kelce’s wedding occur? Oh, and who will win the ...
The Senate unanimously agreed to a resolution Thursday barring its members from trading on prediction markets in the face of growing concerns about insider trading on the platforms. The resolution, ...
Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...
White House staff received email warning them not to place bets on prediction markets, officials say
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News. It was sent March 24, ...
A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the ...
JPMorgan Chase CEO Jamie Dimon said the bank is considering entering prediction markets, though it would avoid areas like sports and politics and adhere to strict rules on insider information. Goldman ...
A bill introduced in the Senate on Monday would ban prediction markets like Kalshi and Polymarket from accepting or listing transactions related to sports events and casino-style games. Subscribe to ...
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