Tag: Polymarket

A bipartisan effort is gaining traction in Washington as two U.S. senators push new legislation aimed at tightening control over prediction markets, particularly those tied to sports and casino-style activities. The proposal signals a growing concern among lawmakers over how these fast-rising platforms operate and who should regulate them. Lawmakers ...

Quick Breakdown Crypto prediction markets like Polymarket let users bet on real-world events using blockchain-based contracts that change value depending on the outcome. An investigation connected to Axiom found that a small group of wallets earned about $1.2M from highly accurate bets, raising concerns about possible insider information. The case ...

Polymarket has filed a federal lawsuit against Massachusetts officials, escalating a growing legal battle over who has the authority to regulate prediction markets in the United States. The crypto-based platform said state regulators are threatening enforcement actions that could disrupt its nationwide operations, following a recent court ruling against rival ...

Quick Breakdown Polymarket and Parcl partner to create prediction markets settling against Parcl’s daily U.S. housing price indexes, starting with high-liquidity cities. Markets allow bets on home price rises, falls, or thresholds, with transparent resolution via Parcl’s methodology pages for verification. PRCL token surges over 120% post-announcement, reflecting market excitement ...

Quick Breakdown  Columbia University researchers found nearly one in four Polymarket trades were wash trades. Polymarket is not accused of misconduct, but the platform’s structure may have enabled artificial volume. The findings come as prediction markets see record user growth and trading activity across the sector.   A new academic ...

Quick Breakdown  Polymarket odds of SBF receiving a Trump pardon jumped from 5.6% to 12% after CZ’s release. Over $6.5 million has been wagered on the “Who will Trump pardon in 2025?” market. Industry experts say comparing CZ’s compliance case to SBF’s multi-billion fraud is unjustified. Polymarket bets surge on ...

Polymarket is making a major comeback in the United States after acquiring QCEX, a licensed derivatives exchange and clearinghouse, in a $112 million deal announced on July 21. The strategic acquisition gives Polymarket a direct route back into the U.S. market after more than two years of operating abroad due ...

Blockchain-based prediction market platform Polymarket is reportedly finalizing a $200 million funding round, a move that would push its valuation to the coveted $1 billion “unicorn” status, according to sources cited by Reuters and Bloomberg. The funding round is reportedly led by Founders Fund, a venture capital firm backed by ...

Cryptocurrency users are flocking to prediction markets following a major breakthrough in U.S. stablecoin regulation, as momentum builds behind a new legislative push and vocal support from President Donald Trump. On June 19, the decentralized prediction platform Polymarket reflected soaring optimism for the passage of the Guiding and Establishing National ...

The likelihood of Jerome Powell being removed as Federal Reserve Chair before his term ends in 2026 has dropped sharply, following a reassuring statement from U.S. President Donald Trump. According to decentralized prediction platform Polymarket, odds of Powell’s early exit have declined to 14%, down nine percentage points within 24 ...