Prediction Market

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Polymarket Adds Steam Login, Balancer Hacker Swaps 7,000 ETH for BTC, Aave Chan Proposes Deposit Vault

Gate News message, April 24 — Polymarket introduced a new Steam account login option, expanding access methods for users. Saturn increased its STRC holdings, with total positions valued at $33 million. A Balancer hacker converted 7,000 ETH into 204.7 BTC, equivalent to approximately $15.88 million,
ETH-0,36%
BTC0,38%
AAVE2,53%
TRUMP0,48%
GateNews·2h ago

U.S. Special Operations Forces Chief Warrant Officer Arrested: Used Classified Intelligence to Bet on Maduro on Polymarket, Profited $400k

The U.S. Department of Justice in the Southern District of New York has indicted U.S. Army Special Forces officer chief Gannon Ken Van Dyke, alleging that he used classified information to bet on Polymarket on the outcome of Maduro’s arrest, earning approximately $409,881 (13 transactions, 2025-12-27 to 2026-1-26). The charges include illegal use of confidential information, theft of nonpublic information, commodity transaction fraud, wire fraud, and illegal money transactions, among others. It is described as the first federal prosecution centered on insider trading and arbitrage with a prediction market, which may affect future regulatory directions.
ChainNewsAbmedia·5h ago

Wisconsin sues Kalshi prediction market platform, alleging it may be an unlicensed gambling operation

According to an official press release issued by Wisconsin Attorney General Josh Kaul on April 23, Wisconsin has sued Kalshi in Dane County, alleging that the platform’s prediction market business, which operates in the form of “event contracts,” falls within the legal definition of gambling under Wisconsin law and constitutes an unlicensed gambling activity.
MarketWhisper·6h ago
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Trump Vows to Investigate Federal Employees’ Polymarket Trades; U.S. Soldiers Arrested for Betting on Maduro

The U.S. Department of Justice arrested a U.S. military servicemember on April 23, accusing him of using classified information to place bets on the prediction market Polymarket that Venezuelan President Nicolás Maduro would be arrested, resulting in profits of more than $400k from an initial wager of more than $33k. On Thursday, U.S. President Trump said he will investigate whether federal employees have been placing bets on sports betting platforms, criticizing, “the world has become a casino.”
MarketWhisper·11h ago
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Polymarket Profit-Making Manipulation Scandal! Vitalik: Should Require Use of 3 or More Independent Sources

Vitalik Buterin made comments on April 23 regarding the Polymarket platform fan controller manipulation incident, saying that for this kind of event, prediction markets should be required to use at least 3 (or even more) independent sources’ medians as the basis for adjudication. Earlier, a user used a fan to raise the temperature data collected at a Paris weather sensing terminal, manipulated the outcome of a weather-related prediction market event, and profited about $34,000.
MarketWhisper·04-23 06:05
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