Polymarket says hackers stole users’ funds
The prediction market giant Polymarket said it’s refunding users who had funds stolen due to a third party breach.
Polymarket
Mark Zuckerberg wants Meta to launch its own prediction market
The app would be independent of Meta’s other social media offerings, although sources told the NYT that those social sites could direct users to engagement with the app.
Polymarket reportedly paid creators to post deceptive videos about fake bets
Many of those videos were reportedly filmed on “near-perfect copies” of the Polymarket website, while featuring trades and winnings that were not real.
Google engineer charged with insider trading after making $1.2M on Polymarket
According to the complaint, a Google engineer risked over $2.7 million on wagers related to Google’s 2025 Year in Search campaign.
Kalshi doubles valuation in 5 months, hitting $22B
Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue.
Authorities arrest special forces soldier who allegedly made $400K on Polymarket bet involving Maduro operation
The soldier is accused of using classified government information to inform a wager on the prediction market Polymarket.
Polymarket took down wagers tied to rescue of downed Air Force officer
A Democratic congressman had harsh criticism for Polymarket for allowing users to bet on the date the U.S. would confirm the rescue of Air Force service members shot down over Iran.
Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund
As prediction markets explode, the new firm called 5(c) Capital, will back startups supporting the burgeoning category.
Bipartisan bill seeks to ban sports betting on Kalshi and Polymarket
Since FanDuel and DraftKings are subject to state-by-state gambling laws, rather than federal law, they would not be impacted by the bill.
Polymarket continues its partnership spree with a Major League Baseball deal
MLB is only the latest in a string of recently announced partnerships involving the prediction market.