Polymarket exploded into the public eye during the 2024 election between President Donald Trump and President Joe Biden.

The dog days of summer turned out to be anything but sluggish for two of thebusiest prediction market platforms. In July, ...

New data shows prediction markets, which have attracted plenty of buzz, are still figuring out a business model.

Because prediction markets are more similar to trading exchanges, they fall under the purview of the Commodities Futures Trading Commission (CFTC), rather than state-based gaming regulators. That has ...

Kalshi, along with PredictIt, currently provides users with the ability to choose "yes" or "no" on events tied to topics such ...

It’s financing the move through the purchase of an obscure derivatives clearinghouse.

Prediction market Kalshi, a federally regulated competitor to Polymarket, has raised $185 million at a valuation of $2 billion, according to a press release. This round brings the company’s ...

In line with a recent prediction from Kalshi’s CEO Tarek Mansour, the app reached the No. 1 spot, while Polymarket secured second on the list of the most downloaded free apps.

The controversy triggered $2.4 million in total trading volumes on Kalshi, marking one of the most traded cultural events on ...

Solana (no relation to the $120 billion cryptocurrency) disclosed up-front he had reasons to be biased and report what Kalshi allegedly did: Founder's Fund is an investor in Polymarket, and Pirate ...

Polymarket CEO Shayne Coplan doesn’t seem stressed about the kind of competition his prediction market may face from sportsbook operators.