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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CFTC Acting Chair Caroline Pham Calls for Roundtable Discussions to Address Crypto Challenges Caroline Pham, the new acting chair of the Commodity Futures Trading Commission (CFTC), is initiating a series of roundtable discussions with crypto industry leaders to tackle regulatory and market structure issues, with a notable focus on prediction markets. Roundtables to address crypto […]
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Polymarket Surges Past $10B in Prediction Market Volume, Boosts Polygon’s USDC Usage Polymarket hits $10B in prediction positions Polygon sees surge in daily transactions USDC usage on Polygon boosted Questions arise over POL token’s revival Polymarket, a decentralized prediction market platform, has recently crossed a significant threshold, surpassing $10 billion in total bets. This milestone […]
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Donald Trump Jr. Joins Kalshi as Strategic Advisor, Signals New Era for Prediction Markets Donald Trump Jr.’s recent appointment as a strategic advisor to Kalshi marks a significant moment for the prediction market platform, blending traditional finance with decentralized finance (DeFi). Trump Jr. joins Kalshi as strategic advisor. Kalshi wins legal battle against CFTC, allowing […]
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Polymarket Under Fire for California Wildfire Betting Markets Polymarket, a blockchain-based prediction platform, has sparked outrage by allowing users to bet on the outcomes of the Palisades wildfire in California. Critics argue betting on natural disasters is not only unethical but potentially dangerous, while Polymarket defends its actions, claiming they provide valuable real-time data. Polymarket’s […]
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