Mark Zuckerberg has directed a Meta team to build Arena, a sleek standalone app for prediction markets. The project, initially points-based with real-money potential, is already rattling stocks in the sector.
Polymarket partners with Dear Media to launch “What Are the Odds?,” a weekly podcast blending celebrity drama, reality TV, and live prediction market odds. The move aims to broaden appeal and draw more women into trading.
Charles Schwab partners with Cboe to launch S&P 500 binary options, delivering fixed-payout contracts based on index closes. The move signals accelerating mainstream adoption of outcome-based trading tools for retail and institutional traders alike.
Paid creators are flooding social media with videos of massive Polymarket wins that never happened. Many trades were staged on dummy platforms, sparking fresh questions about the company’s aggressive push to attract traders.
Traders on prediction platforms rapidly repriced higher odds of Fed rate hikes after Chair Kevin Warsh’s hawkish shift at the June FOMC, lifting 2026 tightening probabilities above 57% despite steady rates.
Canadian traders will soon access nearly 4,000 regulated event contracts on Wealthsimple Predict. CIRO-approved and focused exclusively on economic, financial, and climate outcomes, the Kalshi-powered app launches this summer with built-in safeguards and educational tools.
Illinois’ sweeping new Digital Access Tax is slamming Polymarket traders with rising costs, stricter compliance demands, and shifting liquidity as major changes take effect in January 2027.
Kalshi has launched Harrison, a powerful Claude-powered AI agent that drafts, reviews, and stress-tests event contracts. The tool boosts precision and scalability amid record $18 billion monthly trading volumes
Bitcoin has reclaimed the $65,000 level, electrifying traders betting on June price milestones. Contracts now price an 85% chance of hitting $67,500 as volumes surge amid recovering sentiment.
Kalshi has rolled out mandatory employment disclosures for high-risk markets in a bold effort to combat insider trading. Its new risk-scoring system aims to deliver fairer, more transparent trading as volumes surge.
