Prediction market
Coverage of Prediction market in the Nexus archive.
- Kalshi appeals after federal judge sides with New York gambling regulators
A federal judge denied Kalshi’s request for a preliminary injunction, allowing New York gambling regulators to enforce state oversight on the online prediction market. Regulators argue the platform operates under state gambling laws.
- Mysterious Solana project World unveiled as fully onchain prediction market
The Solana project 'World' has been revealed as a fully onchain prediction market. The project was previously described as 'mysterious' before its unveiling.
- Kalshi promo code NYPMAX: Trade $10, get $15 for Japan vs. Brazil
Kalshi offers a promo code NYPMAX that provides a $15 bonus for trading $10 on the Japan vs. Brazil prediction market. The promotion is described as one of the best prediction market offers available.
- ProphetX promo code NYPBONUS: Trade $10, Get $20 on any market | June 2026
ProphetX offers a promo code NYPBONUS providing $20 for every $10 traded on any market. The platform is described as an innovative peer-to-peer sports betting exchange in the U.S. prediction market space.
- Kalshi donated $300K in shares to Donald Trump Jr. after he became adviser to prediction market: report
Prediction market Kalshi donated approximately $300,000 worth of shares to Donald Trump Jr. after he became a strategic adviser to the company in early 2023.
- Kalshi Seeks $40B Valuation Weeks After $1B Raise: FT
Kalshi, a prediction market, is seeking a $40 billion valuation weeks after raising $1 billion. The company aims for a valuation nearly double the $22 billion it reached last month, amid an escalating federal-state dispute over regulation.
- CBOE debuts prediction market with S&P 500 contracts
Cboe launched its first prediction market product tied to the S&P 500 index, citing a growing investor demand for binary options contracts.
- Some promotional Polymarket content made by online creators isn't real, WSJ reports
Polymarket is auditing its promotional content after the Wall Street Journal reported that online creators were paid to produce fake videos showing collective winnings of $1.9 million from a prediction market. The company responded to CBS News about the investigation, and one of the article's authors, Neil Mehta, discussed the findings.
- Mark Zuckerberg ordered Meta staff to develop moneyless prediction market: NYT
Mark Zuckerberg, CEO of Meta, has directed employees to create a moneyless prediction market. The platform will allow users to wager using a points system instead of currency and operate independently from Meta's other applications.
- Mark Zuckerberg Wants a Prediction Market Too: NYT
Mark Zuckerberg is pursuing a prediction market initiative, following previous bets on stablecoins and the metaverse.
- CFTC Not Ready for Prediction Market Social Cost, State AGs Say
State attorneys general claim the Commodity Futures Trading Commission is unprepared for the social cost of prediction markets. The CFTC's headquarters is located in Washington, DC.
- Aerodrome is turning liquidity into a prediction market with its biggest upgrade yet
Aerodrome has introduced its largest upgrade yet, transforming liquidity into a prediction market. The update aims to enhance user engagement by leveraging predictive analytics. This move is positioned as a significant step in the company's growth strategy.
- Kalshi planning to require some participants to identify employers
Kalshi plans to require users in certain markets to share employer information to combat insider trading. The prediction market introduced a system to score markets based on insider trading and manipulation risks, with higher-risk markets requiring employment verification.
- How paid influencers hype Polymarket's odds: 'Unbelievable how accurate'
Polymarket's chief marketing officer paid influencers hundreds of thousands of dollars via a personal PayPal account to promote the prediction market without disclosing the payments. Influencers like Nick Shirley incorporated Polymarket branding into content, and at least 20 creators promoted the platform over 490 times on X without revealing their paid partnerships.
- George Santos reported to prosecutors over suspicious Kalshi trades, AP source says
U.S. Rep. George Santos was referred to federal prosecutors by prediction market Kalshi over suspicious trades related to his attendance at President Donald Trump's State of the Union address. Kalshi also reported the trades to the Commodity Futures Trading Commission, citing potential insider trading.
- George Santos reported to prosecutors over suspicious Kalshi trades, AP source says
Kalshi, a prediction market, reported former congressman George Santos to federal prosecutors over suspicious trades linked to his attendance at President Donald Trump's State of the Union address. Santos had bet against attending after stating he would go, and the trades were also reported to the Commodity Futures Trading Commission. Santos, who was granted clemency by Trump in a fraud case and later released from a seven-year prison sentence, did not respond to inquiries.
- George Santos reported to prosecutors over suspicious Kalshi trades, AP source says
Prediction market Kalshi reported U.S. Rep. George Santos to federal prosecutors after he bet against attending President Donald Trump's State of the Union address, despite previously stating he would attend. The trades were also reported to the Commodity Futures Trading Commission.
- Gemini taps Grok for personalized AI-powered prediction market feeds
Gemini is integrating Grok's AI to enhance its prediction market feeds. The move follows other crypto exchanges expanding beyond crypto trading during a market slump.
- Bitcoin Traders Increasingly Convinced Price Will Fall Below $70K by End of May
Bitcoin traders are increasingly predicting the price will fall below $70,000 by the end of May. Prediction market odds for this outcome have risen after Bitcoin dipped to a six-week low.
- Google employee charged with using insider data to rig bets on Polymarket
A Google software engineer, Michele Spagnuolo, was charged by the US DoJ with using insider information to rig bets on Polymarket, earning $1.2 million by predicting Google’s most-searched list. The case involves allegations of exploiting confidential data to bet on long-shot candidates like indie musician D4vd, who appeared on the list after an arrest.
- Google employee charged with $1M Polymarket insider trading bet on search term
A Google employee was charged with insider trading for placing a $1 million bet on Polymarket, a prediction market platform, related to a specific search term. The case involves allegations of using non-public information to make the bet, violating corporate and financial regulations.
- DOJ charges Google staffer over Polymarket trades netting $1.2 million
The U.S. Department of Justice has charged a Google employee with using insider information to make $1.2 million in profits on the prediction market site Polymarket. This marks the second known case of such criminal charges related to insider trading on prediction markets.
- Indonesia Bans Polymarket After Site Offers Bets on President’s Ouster
Indonesia has banned access to Polymarket, a controversial prediction market, after the site began offering bets on the president's potential removal. The country is now the second in Southeast Asia to block the platform.
- Polymarket Taps Jupiter Exec to Lead Japan Push: Report
Polymarket has appointed a Jupiter executive as a representative in Japan to lead the company's expansion efforts in the country. The prediction market platform aims to secure regulatory authorization to operate in Japan by 2030.
- What would make you actually use a prediction market long-term?
The article discusses features that attract users to prediction market platforms long-term, such as deep liquidity and token utility. It also asks what makes users actively use these platforms instead of just trying them once. The post is seeking opinions on what features are still missing in this space.
- Getting Started With Myriad
Myriad is a prediction market that allows users to make predictions on real-world events and markets. It provides a platform for users to set up and start using it. The article aims to guide users in getting started with Myriad.
- Has the prediction market taken the energy away from crypto?
The crypto market has been stagnant, while the prediction market has gained significant interest recently. Some investors are wondering if the energy and money have transitioned to the prediction market. The investor is still invested in crypto but is getting impatient.
- Kalshi confirms $1 billion raise at $22 billion valuation amid prediction market boom
Kalshi has raised $1 billion at a valuation of $22 billion, indicating a significant surge in the prediction market. This investment round solidifies Kalshi's position in the growing market. The company's success is a testament to the booming prediction market.
- Schumer Says House, White House Must Ban Prediction Market Bets
Senate Majority Leader Chuck Schumer has called for a ban on prediction market bets, urging both the House of Representatives and the White House to take action. The proposal aims to regulate or prohibit financial wagers on political and social events.
- Kalshi 3-Tier Launch. Check your eligibility now.
Kalshi is launching a 3-tier system for its prediction market platform, prompting users to check their eligibility for participation. The update aims to expand access and functionality for traders.
- Someone Has Been Winning 93% of Their Bets on US Military Strikes. Trump's Son Sits on Polymarket's Board
An individual has been winning 93% of their bets on US military strikes on the prediction market platform Polymarket. Donald Trump Jr., son of U.S. President Donald Trump, is a board member at Polymarket.
- Hyperliquid’s HYPE token could be its prediction market weapon, Arthur Hayes says
Arthur Hayes, a prominent figure in the crypto space, suggests Hyperliquid's HYPE token could serve as a strategic tool for the platform's prediction market. The statement highlights potential innovation in decentralized finance applications.
- Most Traders Lose on Polymarket and Winners Look Like Bots
Polymarket's promotional event in Washington, DC, highlighted its prediction market platform, where most traders lose money, and winners appear to be automated systems. The event, held at a bar near the White House, showcased betting on current events as a new entertainment form.
- Most Prediction Market Traders Are Losing Money While Bots Rack Up Gains
Most traders on decentralized prediction market platforms like Polymarket are losing money, while automated bots are accumulating gains. A 2026 insider trading scandal involving bets on military strikes in Iran has further highlighted issues in the prediction market space.
- Looking to connect with prediction markets founder.
A developer has launched a prediction market on the Solana blockchain and is seeking advice on achieving organic growth without relying on influencer marketing. The app is functional, and the creator prioritizes real user engagement over large-scale marketing efforts.
- US Soldier Arrested for Alleged Insider Betting on Maduro Capture
A U.S. special forces soldier involved in the raid to capture Venezuela’s Nicolás Maduro is arrested for allegedly using classified information to make prediction market bets, earning over $400,000. The incident was reported by NBC’s Gabe Gutierrez from the White House.
- Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com
Wisconsin has filed a lawsuit against prediction market platforms Kalshi, Coinbase, Polymarket, Robinhood, and Crypto.com, alleging illegal operations. The state claims these platforms facilitate unregulated betting on political and social events, violating state and federal laws.
- US Special Forces Soldier Arrested for Polymarket Bets on Maduro Raid
A US Special Forces master sergeant was arrested for allegedly using classified intelligence to profit from Polymarket bets on the capture of Venezuelan President Nicolás Maduro. The case marks the first US arrest for insider trading on a prediction market.
- Special forces soldier arrested for placing bets
A U.S. special forces soldier was arrested for betting on a prediction market about the removal of Venezuelan President Nicolas Maduro from office. The incident raises concerns about military personnel engaging in politically sensitive wagers.
- U.S. Soldier Charged with Using Classified Info to Profit from Prediction Market
A U.S. soldier has been charged with using classified information to profit from bets on a prediction market. The case involves allegations of unauthorized access to sensitive data for financial gain through speculative trading.