Polymarket says hackers stole users’ funds
Prediction market giant Polymarket confirmed that hackers stole funds from an unspecified number of users after a third party breach. In an X post on Thursday, Polymarket said that a…
Mark Zuckerberg wants Meta to launch its own prediction market
Mark Zuckerberg is betting that prediction markets are the future. The New York Times reports that Zuck wants Meta to have its own Polymarket-like smartphone app, and has given the…
Polymarket is paying creators to make deceptive videos about winning bets, targeting users in the US, where its primary crypto platform is banned (Wall Street Journal)
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Google engineer charged with insider trading after making $1.2M on Polymarket
The U.S. Justice Department charged Google software engineer Michele Spagnuolo with insider trading, alleging the employee made $1.2 million trading on Polymarket based on confidential business information. Spagnuolo, who used…
US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make $1.2M on Polymarket bets about Google’s Year in Search results (ABC News)
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Republican House Oversight Committee Chairman James Comer says he requested information from Kalshi and Polymarket on their efforts to prevent insider trading (Justin Papp/CNBC)
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Polymarket and Kalshi continue to operate in India despite a government advisory on April 25, directed at VPN providers, labeling prediction markets “illegal” (Bloomberg)
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Kalshi has probed and flagged 400+ suspicious trades YTD, more than 2x the number it investigated in all of 2025; Polymarket has seen a similar uptick (Anirban Sen/Reuters)
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Some retail traders are training AI agents to buy and sell assets on their behalf, as exchanges like Polymarket and Bybit roll out agent-friendly interfaces (Emily Nicolle/Bloomberg)
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The US Senate unanimously passed a rule barring senators from trading on prediction markets like Kalshi and Polymarket, amid rising concern over insider trading (Dan Mangan/CNBC)
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