Governors in Illinois and New York have issued sweeping executive orders imposing strict state employee prediction market restrictions to combat insider trading and protect government integrity.
Phemex has launched its seamless Polymarket partnership, integrating prediction markets directly into the exchange. Traders now access real-world event contracts with zero wallet friction and compete for weekly USDT prizes in the new Prediction Championship.
U.S. Special Forces Master Sergeant Gannon Ken Van Dyke faces federal charges for allegedly using classified Maduro capture intelligence to place insider bets on prediction markets, netting over $409,000 in profits.
Kalshi has surged past Polymarket in trading volume, processing $3.06 billion in a single week against its rival’s $2.04 billion. This milestone signals a decisive shift in prediction market leadership, with Kalshi extending its year-to-date dominance to $37.49 billion
Kalshi has launched its Commodities Hub powered by Pyth Network, delivering real-time settlement for 24/7 event contracts on gold, oil, and wheat. This integration brings institutional-grade price data to traders around the clock.
Kalshi launches Timeless perpetual futures on April 27, introducing no-expiration crypto perpetual futures trading on a CFTC-regulated platform. Traders gain continuous leveraged exposure without contract rollovers.
Kalshi and Polymarket are on a hiring spree for traders, compliance officers, and engineers, offering up to $250,000 salaries as they rapidly scale liquidity, blockchain infrastructure, and regulatory operations in the booming prediction market sector.
Prediction markets crypto is surging in 2026, with monthly volumes topping $20 billion, unique wallets nearing 865,000, and open interest approaching $940 million. These three numbers signal a breakout sector.
Polymarket is in advanced talks for a $400 million funding round that would value the prediction market platform at $15 billion, fueled by explosive trading volume growth and strong institutional backing.
Lawmakers sound the alarm as unregulated prediction markets enable anonymous traders to bet on U.S. military operations, potentially leaking classified details and endangering American troops in real time.
