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The Latest Breaking News from Polymarket

Why Prediction Market Kalshi Refused to Pay Out $54 Million Following Ayatollah Ali Khamenei's Death

Kalshi is under fire for not paying out $54 million to traders who bet on Ayatollah Khamenei's removal, raising questions about prediction market rules.

International Business Times UK

Betting on 5-minute swings on Bitcoin price are the hot new thing on prediction markets

As Kalshi and Polymarket balloon in popularity, so too do quick-hit bets on crypto.

Fortune

Palantir Is Now a Sports Betting Stock. Does That Make PLTR a Buy Here?

Palantir still looks like a richly valued core AI infrastructure name where the sports-betting angle is a nice add-on — worth holding or buying on pullbacks, but not chasing blindly at more than 150 times forward earnings.

Barchart

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Utah’s anti-gambling tradition meets Kalshi and Polymarket in a new legal fight

Utah has found itself at the forefront of a states' rights battle between itself and prediction markets like Kalshi and Polymarket

The Independent UK

Betting markets have a new favorite for the 2028 presidential election

Questions are mounting about who could run for the White House in 2028

The Independent UK

Polymarket taps Palantir AI to police sports betting before it's too late

The move is a reversal of the company’s previous stance that the platform could self-police.

Fortune

MLS’s Polymarket deal looks even worse after players’ gambling bans

With its credibility swaying in the wake of a betting scandal, the very last thing the league needed was to be in business with a prediction platform

The Guardian - US

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Oil prices latest: UK inflation forecast to spike amid fears Iran war could trigger new cost of living crisis

Price of oil has surged since US and Israel launched airstrikes towards Iran 10 days ago

The Independent UK

Gamblers can now bet on the outcome of wars – and that’s a problem

The growing threat of conflict in the Middle East last week prompted a flood of activity in a little-known area of betting: prediction markets in which users can bet on a particular military action.

The Conversation

Musk’s two-word response to Anthropic CEO’s claim its AI may have gained consciousness

Anthropic makes the popular AI chatbot, Claude

The Independent UK

Betting, memes and AI slop: How the smartphone era turned war in Iran into a game show

IN DEPTH: As the war between Iran and the US and Israel enters its second week, the internet is awash with misinformation and doctored content while punters are waging bets on the outcome of the conflict using crypto. Experts tell Bryony Gooch that a new, frightening way of experiencing war…

The Independent UK

Betting on nuclear war: what are prediction markets and could they come to the UK?

The lowdown on Polymarket and Kalshi, the pitfalls and the odds on US-style exchanges taking off in Britain

The Guardian - UK

Life After Congress: A prediction market duo

Sean Patrick Maloney and Patrick McHenry didn’t see eye to eye in Congress — but they’re united on this.

Roll Call

Prediction Market Traders Who Made Millions Betting on Iran Strikes Spark Insider Trading Concerns

A small group of traders on Polymarket have earned substantial profits by wagering on the timing and outcomes of U.S. and Israeli military strikes on Iran.

International Business Times

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Fortune

NBA star's partnership with a prediction market raises new questions for a troubled sports betting landscape

The NBA star announced he would become a shareholder in the largest U.S> prediction market.

International Business Times UK

Suspected Insiders Reportedly Made Nearly £780K Betting on a US Strike on Iran With Wallets Funded in the Last 24Hours

Six crypto wallets reportedly profited from insider trading on Polymarket, betting on US strikes in Iran. Allegations of insider trading arise as wallets show suspicious activity.

The Independent UK

Millions of dollars placed on prediction markets after US airstrikes on Iran as global unrest provides get-rich-quick opportunities

Bettors have placed more than $36M worth of wagers on whether or not there will be a regime change in Iran

We Got This Covered

The Nancy Guthrie kidnapping case takes an ugly turn as a $180,000 scandal is exposed

Humanity proves that it can sometimes do horrible things at the cost of the innocent.

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news in one place.

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International Business Times UK

Nancy Guthrie Case: Backlash Erupts as $188,000 Wagered on Kidnap Arrest

As Polymarket users wager over $188,000 on an arrest in 84-year-old Nancy Guthrie's disappearance, critics warn prediction markets are profiting from a live case.

Fortune

Kalshi fines MrBeast employee $20,000 for insider trading, cofounder issues salty warning to others

Kalshi also fined a political candidate, and its cofounder issued an off-color warning to others thinking of insider trading.

The Conversation

Everything can be a bet now – the rise and risks of prediction markets

Yes or no? It’s a simple question that now drives more than US$13 billion (£9.7 billion) a month on prediction markets – companies like Polymarket, PredictIt and Kalshi.

The Times of India

Streamer Clavicular breaks silence on Polymarket 20% prediction during Piers Morgan Uncensored after charges were dropped

Clavicular reacted after Polymarket predicted a 20 percent chance he could be charged with a crime by June 30. Speaking on the Piers Morgan Uncensored, he said he would try to stay out of trouble. His recent Arizona arrest was dismissed, but controversy and online speculation continue to follow him.

Euronews

Hungarian polls split on April election outcome as Fidesz and Tisza trade leads

The central European country of 9.5 million faces a crucial vote in less than two months, with polls showing wildly different outcomes depending on who conducts the survey.

Fortune

Sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket

Novig’s Series B values the startup at $500 million with backing from Pantera Capital, Multicoin, and Forerunner.

Fortune

Inside Dragonfly Capital’s $650 million fourth fund and its early bets on Polymarket and Rain

Why the crypto VC has thrived despite a new bear market.

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