Defense Secretary Pete Hegseth barred all Pentagon staff from using undisclosed information to place wagers on forthcoming U.S. military action using betting platforms and prediction markets like Kalshi and Polymarket.  “Make no mistake why this matters. Our enemies watch movements in these markets,” Hegseth said in a memo, first obtained by CBS News. “When an American…

Defense Secretary Pete Hegseth barred all Pentagon staff from using undisclosed information to place wagers on forthcoming U.S. military action using betting platforms and prediction markets like Kalshi and Polymarket.  “Make no mistake why this matters. Our enemies watch movements in these markets,” Hegseth said in a memo, first obtained by CBS News. “When an American…

After facing public backlash, Polymarket has removed a market that allowed users to wager on the fate of the seven Cornell University students accused of sexually assaulting a woman at a fraternity house in 2024. The prediction market archived the market, which asked whether any of the so-called Cornell 7 would be charged with a…

After facing public backlash, Polymarket has removed a market that allowed users to wager on the fate of the seven Cornell University students accused of sexually assaulting a woman at a fraternity house in 2024. The prediction market archived the market, which asked whether any of the so-called Cornell 7 would be charged with a…

The market had more than $450,000 in volume before it was taken off Polymarket's international platform.

The NFL and Roc Nation have yet to officially announce next year’s Super Bowl halftime performer, but users across two of the biggest prediction markets seem to think they have a pretty good idea.