Fewer active addresses are trading as the creation explodes, which could indicate a shift toward a more concentrated user base of creators.
The event throws into question the perceived heightened accuracy of betting markets like Poymarket over conventional polls.
Political betting platforms show Mark Carney leading with a 78% chance of becoming Canada's next Prime Minister, while Pierre Poilievre has a 22% chance.
Traders on Polymarket and Kalshi are pricing in an over-50% chance of a U.S. recession this year.
The bet was resolved as 'yes' despite no official agreement, leading to suspicions of manipulation by a large UMA token holder, but Polymarket defended the UMA voting process.
Polymarket, the leading decentralized crypto prediction platform, faces backlash after resolving a politically charged market that directly conflicts with real-world developments. On March 25, Polymarket finalized a $7 million market that asked whether US President Donald Trump would secure a rare earth minerals agreement with Ukraine by the end of March. Despite no such deal […]
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BornTooLate.Eth has accumulated over 1.3 million UMA tokens to attack a Ukraine-themed market — but nobody has appeared to have made much money.
Multiple online community users said a $7 million Polymarket bet was unfairly influenced by a whale that held significant voting power.
Research shows that Polymarket is 90% accurate in predicting how events will occur one month out, and 94% four hours before the event occurs.
Howard Lutnick told Fox Business that President Donald Trump is willing to 'meet in the middle' on tariffs, but not eliminate them entirely – yet.
Crypto bettors on the decentralized marketplace Polymarket are betting on the possibility that Kanye West, now known as Ye, will launch a crypto token this month. Market odds currently place the chances of such a token at 76%, reflecting a significant surge of nearly 55% in the past 24 hours. This surge follows reports suggesting […]
The post Kanye West’s YZY coin speculation heats up with $11 million in Polymarket bets appeared first on CryptoSlate.
The sustained increase in active traders following the U.S. election suggests potential for broader market interest beyond political events.
Caroline Pham, the agency's acting chairman, is scheduling an experts roundtable to reset the CFTC's course on this "sinkhole of legal uncertainty."
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 […]
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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 […]
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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, […]
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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 […]