The prediction market platform, Polymarket, has regained prominence as analysts have detected unusual trading activities related to influencer Andrew Tate. Researchers have identified multiple accounts that have participated in prediction markets related to influencer Andrew Tate’s activities on the social media platform X. The prediction markets enabled users to bet
The US federal court ruling has pushed the risk even higher that Nevada regulators could look for halting prediction-market trading in the state after a judge sent a contest comprising Polymarket’s parent company, Blockratize, back to state court. A federal judge declined arguments that US regulation under the Commodity Exchange
ZachXBT, a blockchain sleuth, published its report on February 26, in which Axiom is a firm whose employees he believed had used non-public information to position profitable trades. The scrutiny had been teased for days, and Polymarket had made a contract permitting users to bet on which firm would be
The Netherlands Gambling Authority has ordered its Dutch affiliate, Adventure One, to put a stop to providing betting services to natives without permission, marking a move against prediction markets platform Polymarket. As per the notice released on February 17, the regulator mentioned that the company must ban its activities quickly
The Digital Chamber has launched a new Prediction Markets Working Group to strengthen federal oversight of the sector in the United States. The blockchain advocacy group aims to secure regulatory clarity and reinforce the Commodity Futures Trading Commission’s authority over event-based contracts. The organization announced the initiative on X and
Israeli prosecutors indicted the two on charges of attempting to use confidential military intelligence to make bets on Polymarket, a blockchain-based prediction market. The suspects include one Israeli Defence Forces reservist and another civilian. Authorities accused the reservist of obtaining sensitive operational intelligence in the course of his military duties
Venture funding is carrying on to flow into digital asset firms even as the wider crypto market struggles with significant losses. As per the estimation, around $258 million was invested in crypto companies in the first week of February, as per the data from DeFiLlama. The data also highlighted that
Kalshi, a regulated exchange and prediction market platform, has publicised a mega expansion of its market surveillance and enforcement substructure targeted at prohibiting insider trading and market manipulation over the platform. The step taken is a part of a wide initiative to intensify trading integrity, as per the updates shared
Polymarket unveiled a new community-based initiative in New York, where it planned to set up a free food store, which would provide basic grocery items to the public, as well as a $1 million donation to support food insecurity in the area. The New York-based crypto prediction platform, Polymarket, shared
Hyperliquid is planning to set its foot into prediction markets, rolling out a new product known as outcome trading that guarantees to open the door to event-based contracts without the leverage and liquidation mechanics that influence the crypto derivatives. On January 2, Hyperliquid posted on X, saying that its main
