Trading volume on Polymarket has declined for the first time in eight months, a setback that comes as its founder acknowledges missteps and its chief rival Kalshi Inc. continues to grow.
Bank of America Corp. adopted new block‑trade guidelines months after a deal now at the center of a criminal trial involving a well-known hedge fund, a Hong Kong court heard Monday.
Lawyers from top mergers and acquisitions firms provided tips on some of biggest deals of the last decade to an insider trading ring that made tens of millions of dollars in illegal profits, federal prosecutors said.
Senate Democratic leader Chuck Schumer called on the House of Representatives and the White House to follow the Senate’s lead by imposing a ban on trading in fast-growing prediction markets.
From Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics: Kalshi suspended three political candidates from its platform for insider trading