prediction markets Archives

Special Forces Soldier Arrested for Allegedly Profiting $400K Using Classified Information on Polymarket Bet

ChronoApril 24, 202603 mins

A special forces soldier has been detained for allegedly leveraging classified government intelligence to place a lucrative bet on the prediction market Polymarket, reportedly earning $400,000 related to an operation involving Venezuelan leader Nicolás Maduro.

Kalshi’s Valuation Soars to $11 Billion Following $1 Billion Funding Round Led by Sequoia and CapitalG

ChronoNovember 21, 202503 mins

Kalshi, a rapidly expanding player in the prediction betting market, has secured $1 billion in new financing, catapulting its valuation to $11 billion. The funding round was spearheaded by prominent venture capital firms Sequoia Capital and CapitalG.