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Polymarket Prepares Major U.S. Push to Catch Kalshi as Prediction Market Battle Intensifies
Polymarket is making its clearest U.S. expansion push yet, building an internal market-making desk that would trade directly against its own users. That shift, reported by Bloomberg on August 12, 2026, moves Polymarket closer to a traditional sportsbook model. It comes as rival Kalshi seeks fresh funding at a valuation near $40 billion, nearly double…
Polymarket Targets $20 Billion Valuation in New $1 Billion Funding Round
Polymarket is in early talks to raise about $1 billion at a valuation exceeding $20 billion, Bloomberg reported on August 4, 2026. The prediction market platform closed its previous round in April at a $15 billion valuation, backed partly by a $600 million investment from Intercontinental Exchange, parent of the New York Stock Exchange. The…
Australia’s 13 Million Spare Bedrooms Could Ease Housing Crisis if Pension Rules Change
Australia’s census on August 11 will update the count of 13 million spare bedrooms. Experts say changing pension rules could unlock rental supply and ease housing affordability.
Australia and Fiji Launch Pacific Defence Alliance as China Tests Missile
Australia and Fiji signed the Ocean of Peace Alliance, a mutual defence treaty requiring both nations to aid each other if attacked. New Zealand is exploring membership as China tests missiles in the region.
China Fires Nuclear Missile From Submarine; Arsenal Tripled to 600 Warheads—July 11
China launched a nuclear-capable intercontinental ballistic missile from a submarine into the Pacific on Monday, the first such test from underwater. Its nuclear arsenal has tripled to over 600 warheads in six years, alarming the region.
China’s Submarine Missile Test Alarms Pacific Allies on July 8
China test-fired a submarine-launched ballistic missile in the Pacific on July 6, 2026, sparking alarm from Australia and New Zealand over its nuclear capabilities and timing near a new defense pact.
KLM Boeing 777 Returns to Amsterdam After Oil Leak Emergency, June 21
KLM Boeing 777-300ER declares emergency and returns to Amsterdam after suspected oil leak during flight to São Paulo. No injuries reported.
Chile’s $30,000 Child Benefit: What Families Need to Know, June 14
Chile’s 30,000 peso child benefit targets bottom 80% income families with children aged 0-13, pending congressional approval and paid once.
Kalshi to Require Job Disclosure for Some Traders Amid Insider Trading Concerns
Kalshi just raised the bar for trader accountability. On June 10, 2026, the New York-based prediction market platform confirmed it will immediately require some users to disclose their employers before placing trades in markets it flags as high-risk. The changes take effect immediately and follow recommendations from an independent Surveillance Audit Committee established in February…