Polymarket’s Trading Volume Tainted by Wash Trading, Columbia Study Exposes Polymarket, a heavyweight in the crypto-based prediction market arena, is under fire after a Columbia University study revealed that nearly 25% of its trading volume over the past three years stems from “artificial” wash trading. This bombshell raises hard questions about trust and integrity in […]
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Zohran Mamdani Elected NYC Mayor: Polymarket Triumphs, Crypto Braces for Regulatory Heat New York City has ushered in a new era with Zohran Mamdani’s election as mayor, a historic win for the 34-year-old democratic socialist who secured just over 50% of the vote against former Governor Andrew Cuomo. As the city’s first Muslim mayor, Mamdani’s […]
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NYSE Parent ICE Eyes $2 Billion Stake in Polymarket: Could a $10 Billion Valuation Be Next? Can a crypto betting platform really hit a $10 billion valuation with Wall Street’s backing? That’s the high-stakes gamble Intercontinental Exchange (ICE), the powerhouse behind the New York Stock Exchange (NYSE), is making with Polymarket, a blockchain-based prediction market. […]
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U.S. Government Shutdown Threatens Crypto Progress While Bitcoin’s Uptober Soars Past $120,000 The U.S. government shutdown, now grinding through its second day, has left Congress deadlocked over budget disputes and healthcare policy, with no resolution on the horizon. As federal workers grapple with unpaid bills, the crypto industry braces for regulatory delays, even as Bitcoin […]
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Polymarket Storms Back to the U.S. with $112M Acquisition and Regulatory Nod Polymarket, the decentralized prediction market heavyweight, is making a brazen return to the U.S. market on October 2 after a nearly four-year ban by the Commodity Futures Trading Commission (CFTC). With a $112 million acquisition under its belt and a hard-won regulatory green […]
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Polymarket’s US Comeback: Blockchain Betting Platform Scores a Regulatory Win Polymarket, a blockchain-driven prediction market titan, is roaring back into the US after nearly four years on the sidelines, slapped down by regulators. With a freshly minted license, a $112 million acquisition, and a no-nonsense attitude, this return isn’t just a corporate flex—it’s a potential […]
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Polymarket Closes in on $200M Funding, Targets $1B Valuation in Blockchain Prediction Markets Polymarket, a blockchain-driven prediction market platform, is reportedly on the brink of securing a $200 million funding round, a move that would peg its valuation at a staggering $1 billion and cement its status as a unicorn in the crypto space. With […]
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Elon Musk’s X Teams Up with Polymarket to Fuse Onchain Prediction Markets with Social Feeds X, the social media juggernaut under Elon Musk’s command, has struck a groundbreaking deal with Polymarket, a blockchain-powered prediction market, to integrate real-time betting odds directly into its trending feeds. This partnership could redefine how millions perceive crowd sentiment on […]
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Polymarket Smashes $1 Billion Monthly Volume in May, Leading the Charge in Crypto Prediction Markets Polymarket, a titan in the realm of decentralized prediction platforms, has stormed back into the spotlight by surpassing $1 billion in monthly trading volumes in May. This milestone signals not just a comeback for the platform but a growing fascination […]
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Polymarket’s Unexpected Bet Resolution Sparks Governance Debate In a stunning turn of events, a $7 million bet on Polymarket, a decentralized prediction market platform, resolved to “yes” despite no actual agreement being reached between Ukraine and former President Donald Trump on a proposed mineral deal. This unexpected outcome, manipulated by a large UMA token holder, […]
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