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The Latest Breaking News from Polymarket

Minnesota Law Banning Prediction Markets Creates Victimless Crime

A Minnesota senator got fined for insider trading on a prediction market. His response was to ban the platforms for everyone in the state.

Reason

Americans expected to wager more than $3B on the World Cup – surpassing Super Bowl

The tournament is expected to generate about $3.1 billion in U.S. online sports bets, with prediction markets adding another $2.4 billion

The Independent UK

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $337 Million, Includes OpenAI, Beast Industries, More Than 11,000 ETH and Over 283 Million WLD Tokens

EASTON, Pa., May 21, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or the "Company") today provided an update on its total holdings, highlighting its leading position across digital assets and strategic investments in leading private technology companies. As of May 20, 2026, at 5:00 p.m. ET, ORBS' holdings…

AAP

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Will the House ban staff from prediction markets? These members aren’t waiting

As the House faces growing calls to ban trading on prediction markets by members and staff, some are taking things into their own hands. When Rep. Seth Moulton, D-Mass., announced a new internal policy for his office in March, he described it as a way to make a stand as…

Roll Call

Gambling addicts are struggling as Kalshi and Polymarket explode in the US: ‘You could be betting your rent away’

Experts warn that although prediction markets are not regulated as gambling platforms, they are just as addictive

The Guardian - US

Insider Trading? Nine Anonymous Polymarket Accounts Won 98% of Their Iran War Bets, Netted $2.4 Million

Blockchain investigators uncovered suspicious betting patterns on Polymarket, raising concerns about insider trading related to US-Iran military actions and potential security risks.

International Business Times UK

Who Is Naftali Bennett? Tech Millionaire Could Replace Benjamin Netanyahu as Israel's Next Prime Minister

Speculation about Naftali Bennett's political comeback intensifies as prediction markets suggest he could challenge Netanyahu, amid ongoing regional conflicts and domestic criticism in Israel.

International Business Times UK

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Nine Linked Polymarket Accounts Have Racked Up Millions Betting On U.S. Military Action: Report

Several connected Polymarket accounts have come under scrutiny after wagering more than $2.4 million on U.S. military action.

International Business Times

Someone bet $800 million on oil prices dropping 15 minutes before Trump posted about Iran peace talks. Federal investigators want to know who.

Can’t be a lucky guess.

We Got This Covered

Kalshi, Polymarket defy India ban on online betting platforms

Despite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to trade. A new law banning "online money games" went into effect May 1, yet these platforms are still accessible, with some users circumventing blocks.

The Economic Times

‘You can bet on it’: Utah lawmakers form united front in push to ban prediction markets

Utah’s heavily Mormon population is largely opposed to all gambling, even on financial exchange platforms

The Guardian - US

Dividend Growth or High Yield: The Income Investor's Bet

Compare dividend growth and high-yield ETF strategies to see which may perform best as inflation and Federal Reserve policy shape markets in 2026.

MarketBeat

Senators banned themselves from prediction markets. Will the House?

Support is growing for a rules change in the House that would bar members of Congress and their staff from trading on prediction markets. Senators adopted their own resolution at the end of last month by unanimous consent, revising the standing rules of the Senate to ban buying and selling…

Roll Call

The Prediction Market That Doesn't Take Your Money

As regulators across Europe move to ban Polymarket and Kalshi as unlicensed gambling, a New York-based startup is testing whether prediction markets can work without user wagers at all — and quietly positioning itself to inherit the markets its competitors are being expelled from.

International Business Times

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The Guardian - US

Keep quiet ‘so we don’t go to jail’: the Israelis charged with bribery after suspicious bets placed on Iran strikes

Authorities allege that Omer Ziv and an unnamed air force major used classified information to bet on the timing of military operations on Polymarket

The Independent UK

Cruise ship hantavirus latest: Boat to sail from Cape Verde to Canary Islands with passengers trapped on board

WHO says a total of seven hantavirus cases identified on cruise ship MV Hondius so far

The Independent UK

Everyone is losing on ‘sucker-bet’ laden prediction markets except a few seasoned pros

Platforms like Polymarket and Kalshi have seen a huge surge in business - but there are growing calls for greater regulation

Fortune

Startup Fun raises $72 million for the serious business of converting crypto and cash

The crypto investor Multicoin Capital and the tech VC SignalFire led the Series A fundraise.

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The Texas Tribune

Dan Patrick eyes closing “gambling loophole” for prediction markets. The feds stand in Texas’ way.

A Trump administration agency has sued other states that sought to regulate Kalshi, Polymarket and other prediction operations under their gambling laws.

Roll Call

Senate bans prediction market trading by members, staff

Senators will now be barred from trading on prediction markets, after adopting a resolution by unanimous consent Thursday afternoon. It’s the latest in a flurry of efforts to squash insider trading by government officials as prediction markets grow in popularity. Led by Ohio Republican Sen. Bernie Moreno, the resolution adopted…

International Business Times

Soldier Who Made $400,000 Betting On Maduro's Capture Pleads Not Guilty

The U.S. Soldier who allegedly used insider information to profit off the capture of Venezuelan President Nicolas Maduro has pleaded not guilty to charges.

The Independent UK

Special forces soldier accused of betting on Maduro raid enters plea in NYC court

This case emerges amid heightened scrutiny of prediction markets, platforms that allow individuals to wager on various outcomes

Fortune

Exchange startup Liquid raises $18 million Series A for leveraged trading on stocks, crypto, commodities, prediction markets, and private secondaries

The funding comes less than six months after Liquid’s $7.6 million seed round

The Independent UK

US soldier charged with using intel to win $400K on Maduro raid to appear in court in NYC

A U.S. special forces soldier is due in federal court in New York on charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000 on the prediction market Polymarket

Barchart

The $100 Million Man: What the ‘Richest Ever’ Fed Chair Nominee Kevin Warsh, With Investments in Elon Musk’s SpaceX, Means for Your Portfolio

Trump's Fed Chair nominee is set to become the richest ever, with a net worth surpassing $100 million, and investments in some of the biggest names in tech and finance. Here's what that means for your portfolio.

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