The Iran war is bringing a new wave of pressure onto prediction markets

Tech Insider : Politics, Business
Sen. Chris Murphy
Sen. Chris Murphy is planning to introduce a bill to ban prediction market trading on government actions.

Tom Brenner/Getty Images

Kalshi's response to its $2.2 million Iran mess: More fine print

Tech Insider : Business, Sports
Kalshi logo on phone

Kristian Tuxen Ladegaard Berg/NurPhoto via Getty Images

Polymarket takes down nuclear detonation bet after online backlash

Tech Insider : Business
Polymarket logo
The prediction market would've paid out to traders if a nuclear weapon had been detonated anywhere in the world before a specific date.

Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images

Khamenei's killing spurs outrage among Kalshi and Polymarket users over claims of rigged markets and insider trading

Tech Insider : Business, Politics
A missile arcs through a blue sky, with the gray structure of a US Navy ship imposing overhead from the right.
Arleigh Burke-class guided-missile destroyer USS Thomas Hudner (DDG 116) fires a Tomahawk land attack missile in support of Operation Epic Fury, Mar. 1, 2026.

Kulani Lakanaria / U.S. Central Command Public Affairs / U.S. Navy

Who is Michael Selig? Meet the Trump administration's prediction market regulator

Tech Insider : Politics, Business, Crypto
CTFC Chairman Michael Selig
Michael Selig, the chairman of the Commodity Futures Trading Commission, at a confirmation hearing in November.

Andrew Harnik/Getty Images

The political fight over prediction markets is heating up

Tech Insider : Politics, Business, Sports
CFTC Chairman Michael Selig
CFTC Chairman Michael Selig is siding with prediction markets in their ongoing legal battles with state regulators.

Andrew Harnik/Getty Images

I visited Polymarket's free grocery store. It was more impressive than Kalshi's similar stunt.

Tech Insider : Business, Crypto, Economy
Henry Chandonnet is pictured in front of The Polymarket.
The Polymarket is occupying a West Village building for five days.

Henry Chandonnet/Business Insider

The prediction market bubble is already here

Tech Insider : Economy, Business, Crypto
A football-shaped balloon and a money-shaped balloon floating with a hand holding a needle, almost popping.

Getty Images; Alyssa Powell/BI

Prediction markets are booming. Some lawmakers are betting against them.

Tech Insider : Politics, Business, Sports
Sen. Chris Murphy of Connecticut
Sen. Chris Murphy of Connecticut is among the lawmakers sounding a note of deep skepticism about prediction markets.

Nathan Posner/Anadolu via Getty Images

The dueling 'free grocery' stunts from Polymarket and Kalshi in NYC

Tech Insider : Economy, Business
A rendering of what Polymarket says will be a free grocery pop-up in New York.
A rendering of what Polymarket says will be a free grocery pop-up in New York.

Polymarket

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