The same prediction market contained $6 million in trading volume for the bet that Trump would pardon Silk Road founder Ross Ulbricht.
Kalshi bettors put the odds of Trump creating a Bitcoin reserve in 2026 at roughly 70%.
Thailand is ramping up its involvement in the crypto space with two contrasting regulatory moves. Media reports in the Asian nation have revealed that it is weighing the approval of Bitcoin exchange-traded funds (ETFs) while considering a ban on Polymarket. Bitcoin ETF The Thai Securities and Exchange Commission (SEC) is reportedly considering introducing spot Bitcoin […]
The post Thailand navigates crypto with Bitcoin ETF ambitions and Polymarket scrutiny appeared first on CryptoSlate.
Singaporean regulatory authorities declared a US-based cryptocurrency-based prediction market as an illegal gambling site, leading to the imposition of a ban on the website. Users of the crypto-based betting platform Polymarket can no longer access the website since Singapore classified it as an “unlicensed online gambling operator,” violating the country’s stringent gambling law. Related Reading: […]
The U.S. Commodity Futures Trading Commission is said to be seeking information about customers' interactions with the prediction market site Polymarket.
The decentralized prediction platform Polymarket is facing intense scrutiny from regulators and the public alike for its actions. Over the past day, reports emerged that the US Commodity Futures Trading Commission (CFTC) has subpoenaed user data amid backlash over its controversial wildfire betting markets. Controversial wildfire bets Polymarket has been criticized for allowing bets on the […]
The post Polymarket’s wildfire betting markets attract public ire amid ongoing CFTC investigation appeared first on CryptoSlate.
Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket.
Many news outlets are reporting that Canadian Prime Minister Justin Trudeau could announce his resignation at a Jan. 6 press conference.
Matthew Sigel described Polymarket’s 77% projected odds of a US SOL ETF listing in 2025 as “underpriced.”
Prediction markets Kalshi and Polymarket anticipate a slew of wins for crypto in 2025.
In so doing, Polymarket's founder demonstrated a real-world consumer use case for crypto, earning him a spot on CoinDesk's Most Influential 2024 list.
The new ban means French traders can no longer access the crypto powered prediction markets juggernaut.
Plus: the market is not confident if Matt Gaetz will be confirmed as Trump's attorney general.
A week after the election, crypto sentiment remains strong. Polymarket, bitcoin and a possibly more efficient and crypto-positive government are all tailwinds to look forward to.
What can offshore crypto companies practically do to stop Americans from accessing their services – and what do regulators expect them to do?
Polymarket’s CEO Shayne Coplan believes the recent FBI raid and seizure of his devices may have political motives. On Nov. 13, Coplan took to X to express disappointment at the action, suggesting the current administration was making last-minute efforts to target firms linked to political opposition. He emphasized that Polymarket operates as a non-partisan platform, […]
The post Polymarket CEO Shayne Coplan claims FBI raid was politically motivated appeared first on CryptoSlate.
FBI agents conducted a raid on the Manhattan apartment of Polymarket CEO Shayne Coplan early Wednesday morning, just a week after the election-betting platform accurately predicted Donald Trump’s victory. Political Allegations Surround Polymarket According to a report by the New York Post, Coplan was awakened at 6 am by law enforcement who demanded his phone […]
The decentralized betting platform CEO was reportedly targeted in an FBI raid, which saw his phone and electronics seized.
Shayne Coplan's prediction market saw enormous activity leading up to the U.S. presidential election.
Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.
This week’s Crypto Biz features Polymarket, BlackRock’s IBIT hitting $1B volume, Meta’s Llama joining the US military, Bitcoin miners posting production records in October and VanEck listing PYTH ETN.
The U.S.'s Republican Party seems set to keep control of the House of Representatives, completing its trifecta after flipping the Senate and White House in the 2024 election cycle — confirming odds on betting site Polymarket.
The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election
The prediction market has listed contracts for betting on events including a prospective Trump impeachment.
France’s gambling regulator confirmed that it’s currently examining Polymarket and its compliance with French gambling legislation.
The President-Elect promised pardons for the protestors and to commute Ulbricht's sentence when he was on the campaign trail.
If the prediction market's traders are right – and lately, they've been right – the election results are even more bullish for crypto than they appear.
The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.
The five largest Trump bettors could stand to win a combined $81 million in profit.
Tuesday night was a shocker if you only watched CNN. But not if you'd looked at the betting all along.