A new platform called Myriad allows users to make predictions on events and markets. The service launched recently with a guide for beginners.
Myriad is a prediction market that lets participants wager on real-world outcomes. Users can get started by following setup instructions provided in a recent guide from Decrypt.
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Meta is building an experimental prediction market app called Arena that lets users forecast events in politics, sports and other areas using points instead of cash. The project is a top priority at the company and revives an earlier effort from 2020.
A new report from Bitget Wallet and Polymarket shows prediction markets shifting from occasional bets to platforms with daily retail engagement. Trading volumes on Polymarket have surged to over $20 billion monthly in early 2026. The industry is projected to reach $240 billion this year.
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Gamblers have placed nearly $9 million in bets on future measles cases in the US since January on platforms Kalshi and Polymarket. Researchers suggest these prediction markets offer accurate forecasts that could aid in modeling disease spread. The practice draws on the wisdom of crowds amid rising measles cases.
Polymarket funded dozens of social media creators to post videos of simulated bets on cloned websites, according to a Wall Street Journal investigation. The promotion aimed to attract users to its prediction market platform despite US restrictions.
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Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, received U.S. Commodity Futures Trading Commission approval for a derivatives clearinghouse license. The approval enables the company to expand into regulated derivatives and prediction markets. Gemini shares rose about 7% following the announcement.
Aerodrome, the largest decentralized exchange on Coinbase's Base network, will roll out a new mechanism called Predictive Allocation in July. The upgrade replaces the existing weekly voting system with a real-time approach that rewards forecasts of future liquidity demand.
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Hong Kong's government has suspended its plan to launch legal basketball betting, citing the rise of prediction markets. Home and Youth Affairs Minister Alice Mak Mei-kuen said the decision considers local circumstances and evolving external conditions to protect public interest. Former lawmaker Doreen Kong Yuk-foon called for predicting technological influences in future policy papers.