News section

Gondor v1, expected to launch publicly in September, will enable users to margin their entire Polymarket portfolios to place additional leveraged bets.This is an expansion from Gondor’s beta release, which launched seven months ago and focused on borrowing against individual positions.

North Carolina has enacted new tax legislation recognizing federal authority over prediction markets, while several other states continue to assert jurisdiction over such platforms.North Carolina’s new law taxes prediction market platforms at 6% of their net trading fee revenue that is attributable to North Carolina residents.

Wall Street banks are restricting employee prediction-market trades as concerns about confidential information use increase.Goldman Sachs bars contracts tied to finance, politics, macroeconomics, geopolitics, and bank-specific events for staff.Federal cases and congressional probes are pushing platforms and employers toward tighter surveillance and compliance.

A16z says state bans could weaken federally regulated prediction markets and reduce user access nationwide.The CFTC argues several states are trying to control markets under federal oversight rules now.Senators and staff now face a ban on prediction market trading amid rising trust concerns.

Two traders made $37,000 after short-lived temperature spikes settled Paris weather markets on Polymarket unexpectedly.Bubblemaps flagged one account that bought before the April 15 spike and later exited profitably.Météo France filed a complaint after reports linked unusual airport temperature readings to possible tampering.

Polymarket noted the upgrade is its “biggest infrastructure change since launch,” and will include a trading engine overhaul and the introduction of a new, native USD stablecoin.It will also introduce EIP-1271 support, enabling multi-sig wallets to more easily interact with the platform.

Polymarket is overhauling its technical foundations and launching a stablecoin as it aims to improve the user experience and order book.

The executive order is the latest in a wave of legal actions in the US seeking to curb government insider trading on prediction markets.