Prediction Market
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Polymarket Reports $2.9 Million Theft, Says Customers Will Be Refunded
Prediction market platform Polymarket has confirmed that users affected by a phishing attack stemming from a compromised third-party vendor will be fully refunded. Blockchain analyst Specter estimated that attackers stole nearly $2.94 million worth of cryptocurrency from at least 11 wallets after a malicious script was injected into the platform's ...
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Mark Zuckerberg Directed Meta to Create a Prediction Markets App: Report
Meta intends to make a prediction markets app to rival the likes of Polymarket and Kalshi. The app will probably rely on a video game-like points system instead of users wagering money, though the company has not ruled out betting real money eventually, according to a New York Times report.
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Japanese Crypto Exchange Bitbank Limits Polymarket-Related Fund Transfers
Japanese crypto exchange Bitbank has warned users that transactions linked to prediction market platforms such as Polymarket could result in account restrictions. The move comes amid ongoing regulatory uncertainty surrounding prediction markets in Japan.
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West Bengal Poll Draws Over $2 Million In Global Bets On Platforms India Has Banned
Unlike opinion polls or exit surveys, prediction markets aggregate the views of thousands of traders who put actual money behind their beliefs.
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MLB Inks Deal With Polymarket, US CFTC to Build Prediction Market Framework
MLB has partnered with Polymarket as its exclusive prediction market exchange partner and signed an agreement with the CFTC to build an integrity framework. The move aims to bring regulated, event-based prediction markets to baseball. While it could enhance fan engagement and legitimacy, concerns remain over whether such platforms blur the line bet...
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Polymarket Acquires DeFi Startup Brahma to Strengthen Infrastructure
Polymarket has acquired DeFi startup Brahma to enhance its infrastructure and improve user experience. The move is expected to simplify blockchain processes and support the platform’s expansion. While the deal could boost efficiency and scalability, it also comes amid rising regulatory scrutiny, especially after Polymarket faced a ban in Argentin...
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Argentina Bans Polymarket Over Unregulated Crypto Betting Concerns: Report
Argentina has blocked access to crypto-based prediction platform Polymarket, saying it operates outside the country’s regulated gambling and financial systems. Regulators flagged risks related to consumer protection and oversight, adding to growing global scrutiny of prediction markets using digital assets.
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Google Finance Updated With Prediction Market Data From Kalshi, Polymarket
Google has announced that its Finance and Search platforms will soon feature real-time data from prediction market firms Kalshi and Polymarket. The integration will display live probabilities of major global events, including elections and economic outcomes. This move aligns with Google’s broader AI-driven revamp of its financial tools and reflec...
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Polymarket Reports $2.9 Million Theft, Says Customers Will Be Refunded
Prediction market platform Polymarket has confirmed that users affected by a phishing attack stemming from a compromised third-party vendor will be fully refunded. Blockchain analyst Specter estimated that attackers stole nearly $2.94 million worth of cryptocurrency from at least 11 wallets after a malicious script was injected into the platform's ...
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Mark Zuckerberg Directed Meta to Create a Prediction Markets App: Report
Meta intends to make a prediction markets app to rival the likes of Polymarket and Kalshi. The app will probably rely on a video game-like points system instead of users wagering money, though the company has not ruled out betting real money eventually, according to a New York Times report.
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Japanese Crypto Exchange Bitbank Limits Polymarket-Related Fund Transfers
Japanese crypto exchange Bitbank has warned users that transactions linked to prediction market platforms such as Polymarket could result in account restrictions. The move comes amid ongoing regulatory uncertainty surrounding prediction markets in Japan.
-
West Bengal Poll Draws Over $2 Million In Global Bets On Platforms India Has Banned
Unlike opinion polls or exit surveys, prediction markets aggregate the views of thousands of traders who put actual money behind their beliefs.
-
MLB Inks Deal With Polymarket, US CFTC to Build Prediction Market Framework
MLB has partnered with Polymarket as its exclusive prediction market exchange partner and signed an agreement with the CFTC to build an integrity framework. The move aims to bring regulated, event-based prediction markets to baseball. While it could enhance fan engagement and legitimacy, concerns remain over whether such platforms blur the line bet...
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Polymarket Acquires DeFi Startup Brahma to Strengthen Infrastructure
Polymarket has acquired DeFi startup Brahma to enhance its infrastructure and improve user experience. The move is expected to simplify blockchain processes and support the platform’s expansion. While the deal could boost efficiency and scalability, it also comes amid rising regulatory scrutiny, especially after Polymarket faced a ban in Argentin...
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Argentina Bans Polymarket Over Unregulated Crypto Betting Concerns: Report
Argentina has blocked access to crypto-based prediction platform Polymarket, saying it operates outside the country’s regulated gambling and financial systems. Regulators flagged risks related to consumer protection and oversight, adding to growing global scrutiny of prediction markets using digital assets.
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Google Finance Updated With Prediction Market Data From Kalshi, Polymarket
Google has announced that its Finance and Search platforms will soon feature real-time data from prediction market firms Kalshi and Polymarket. The integration will display live probabilities of major global events, including elections and economic outcomes. This move aligns with Google’s broader AI-driven revamp of its financial tools and reflec...
