Polymarket executive Josh Stevens speaking at a press conference about KYC and beta product launch
Bitcoin News

Polymarket exec clarifies KYC is limited to beta product, not existing platform

Polymarket’s vice president of engineering, Josh Stevens, has clarified that identity verification requirements apply only to a new beta product and are not being added to the platform’s existing service. The statement comes after a report from The Information suggested the prediction market platform had considered mandatory Know Your Customer checks amid rising regulatory pressure. […]

Trading dashboard showing Polymarket volume decline in April 2026
Bitcoin News

Polymarket monthly volume posts first decline since August as Kalshi gains ground

Polymarket, the leading crypto-based prediction market platform, recorded its first monthly trading volume decline since August 2025 in April, as competition from rival Kalshi intensified and U.S. regulatory scrutiny of the sector deepened. Data from Dune Analytics shows Polymarket and its U.S.-focused app generated approximately $10.2 billion in volume during April, an 8.9% drop from […]

Digital trading dashboard showing declining Polymarket volume chart on smartphone in professional trading environment
Bitcoin News

Polymarket monthly volume drops for first time since August as Kalshi gains ground

Polymarket’s monthly trading volume fell by approximately 8.9% in April, marking the first month-over-month decline since August 2025, as rival platform Kalshi captured a larger share of the rapidly expanding prediction market sector. Data from Dune Analytics shows Polymarket and its US-focused application generated just over $10.2 billion in volume last month, down from more […]

Professional analyst using AI trading tool on monitors showing prediction market dashboards
Bitcoin News

MoonPay enters prediction markets with Dawn Labs acquisition and AI trading tool launch

Financial technology company MoonPay has entered the prediction markets space by acquiring Dawn Labs, a development firm focused on automated trading infrastructure. The acquisition, announced Monday, was immediately followed by the launch of an artificial intelligence tool designed to generate trading strategies for platforms such as Polymarket and Kalshi. Acquisition details and AI tool launch […]

Wall Street trading floor with cryptocurrency price charts on a large digital display
Bitcoin News

Crypto Biz: Wall Street Broadens Its Crypto Appetite Beyond Bitcoin

Institutional capital is flowing back into digital assets, but this cycle looks markedly different from the speculative frenzy of 2021. While Bitcoin remains the primary entry point, Wall Street is increasingly exploring prediction markets, tokenized finance, and venture-backed blockchain infrastructure. This week’s developments signal a broader maturation of the crypto industry as it pivots from […]

Kalshi trading platform screens in a modern financial office with analysts in background
Bitcoin News

Kalshi valuation doubles to $22B after $1B raise as prediction markets surge

Prediction marketplace Kalshi has reached a $22 billion valuation after closing a $1 billion Series F funding round, signaling surging venture capital interest in regulated event trading. The new valuation doubles the company’s worth from just five months ago, reflecting rapid retail adoption and growing institutional demand. Wall Street and Silicon Valley back Kalshi’s growth […]

A16z sides with CFTC against states banning prediction markets like Kalshi and Polymarket in a federal legal dispute.
Bitcoin News

A16z Sides with CFTC Against States Banning Prediction Markets in Critical Legal Battle

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets. The venture capital firm opposes state regulators that try to shut down platforms like Kalshi and Polymarket. This legal battle could reshape how event contracts are regulated across the United States. A16z prediction markets support […]

Digital screen showing blockchain transaction network with red flagged nodes in a dimly lit surveillance office.
Bitcoin News

Polymarket taps Chainalysis to flag insider trading as regulatory heat intensifies

Prediction market platform Polymarket has enlisted blockchain analytics firm Chainalysis to deploy a market integrity solution aimed at detecting insider trading, following a series of high-profile controversies that have drawn regulatory scrutiny. The partnership, announced Thursday, marks a significant step in the platform’s effort to restore user trust and address allegations that traders have used […]

John Oliver discussing prediction markets on Last Week Tonight with financial data screens.
Bitcoin News

Prediction Markets Under Fire: John Oliver’s Scathing Critique Ignites Regulatory Debate

HBO’s John Oliver launched a direct attack on the burgeoning prediction market industry during the April 20, 2026, episode of Last Week Tonight. The host’s detailed critique focused on platforms like Kalshi and Polymarket, questioning their regulatory oversight and highlighting potential for manipulation. His segment has amplified existing legal and ethical debates surrounding these financial […]