Prediction Markets
Polymarket Trader Loses Millions on Tyson After Making Bank on Trump
Plus: the market is not confident if Matt Gaetz will be confirmed as Trump's attorney general.
Polymarket CEO's Home Is Raided by FBI
"This is obvious political retribution," said a Polymarket spokesperson. Bloomberg reported that DOJ is investigating the company for letting U.S. users access the site.
French Regulator Says It's 'Examining' Polymarket
The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election
Polymarket Projects a GOP House, Clinching Trump Trifecta
If the prediction market is right — and lately, it's been right — the election results are even more bullish for crypto than they appear.
Polymarket, Prediction Betting Markets Vindicated by Trump's Strong Showing
Tuesday night's election returns were a shocker if you only watched CNN. But not if you'd looked at the betting all along.
U.S. Election Betting: Polymarket 'Manipulation' Claims Miss the Mark
The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said.
If U.S. Election Is Disputed, Prediction Markets Could Face 'Hornet's Nest'
How will Polymarket and Kalshi resolve their presidential contracts if there's another Jan. 6 or Bush v. Gore situation?
Fortune Claims Polymarket Is 'Rife' With Wash Trading
As much as a third of the prediction market's volume is inflated by traders acting as the buyer and seller — an illegal practice in TradFi — on the same trades, Fortune reported. Some could be doing it to farm a future token airdrop.
Prediction Market Kalshi to Supply Price Data for Crypto Oracle Stork
Separately, Kalshi has also begun accepting deposits of the USDC stablecoin, Fortune reported.
Polymarket Is a Success for Polygon Blockchain – Everywhere But the Bottom Line
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.
