The New York Mets option in Polymarket's New York Mets vs. Philadelphia Phillies market surged to 88.75% from 58.65% an hour earlier, a 30.1 percentage point move. According to ChainCatcher, the sharp swing may reflect the impact of breaking news.
Researchers at Stanford University and Singapore Management University have identified trading patterns that may suggest manipulation in Polymarket, a prediction-market platform where every trade is recorded on a public blockchain. After examining roughly 16,000 five-minute Bitcoin (BTC-USD) contra…
The Czech Ministry of Finance added prediction market platform Polymarket to the country's list of unauthorized internet games earlier this week, making it the latest European jurisdiction to move against the platform over unlicensed gambling.The listing, published July 13 by the ministry's Departm…
Two plaintiffs have filed a complaint against Polymarket alleging breach of contract and deceptive practices in the resolution of a prediction market tied to whether Strategy would sell bitcoin by May.The lawsuit, filed by William Wood and Thomas Bush in the New York Supreme Court on July 3, names…
Spotify has asked prediction markets Kalshi and Polymarket to remove its logo and make clear that neither operates a partnership with the streaming service, after discovering manipulated streaming activity that affected song rankings used to settle prediction market bets.The company removed more th…
On election night in November 2024, before a single swing state had been called, a number was already moving. Not a poll, not a network projection — a probability on Polymarket, drifting with quiet certainty toward Donald Trump while cable anchors hedged and statisticians shrugged.By the time Penns…
US-based users are the biggest political bettors on Polymarket, despite the crypto-based prediction market’s efforts to restrict US citizens from using the decentralized platform, according to new research.Blockchain research firm Allium estimated in a report published on Thursday that US-based use…
Prediction markets surpassed $50 billion in monthly trading volume for the first time in June, with activity jumping 75% from May, according to Artemis data.The milestone coincided with the FIFA World Cup, making June as much a test of event-driven demand as a new market record. Kalshi remained the…
Kalshi and Polymarket saw their combined trading volume soar last month as the FIFA World Cup 2026 continues to drive bettors into prediction markets.According to The Block's data dashboard, Kalshi, Polymarket, and Polymarket US recorded $44.8 billion in combined monthly trading volume in June, mar…
The U.S. Commodity Futures Trading Commission (CFTC) is conducting a broad investigation into prediction market platform Polymarket, covering areas including its social media activity.According to Odaily, earlier reports said Polymarket hired dozens of mostly college-age social media creators to fi…
Kalshi surpassed $10 billion in weekly notional volume for the first time, the platform confirmed this week. The record came during the FIFA World Cup, and the user data behind it tells a more interesting story than the headline number.A 90-day study of 857,000 active Polymarket users by Bitget Wal…
The Morning Risk Report: Lawmakers Call for Federal Probe of Polymarket Over Deceptive Advertising By David Smagalla | Dow Jones Risk JournalGood morning. Two senators are calling for a federal investigationinto Polymarket's social-media promotion of fake bets following The Wall Street Journal's re…
About 60% of World Cup bettors on Polymarket are first-time crypto usersAbout 60% of users who placed their first World Cup bets on Polymarket had never interacted with blockchain protocols before, suggesting prediction markets are becoming an entry point into crypto. The finding is based on a 90-d…
A whale placed a $217,954.97 single buy on the “Ghana” outcome in Polymarket’s “Croatia vs. Ghana” prediction market, according to on-chain monitoring by Catcher Predict. According to ChainCatcher, based on the latest trade price, the market-implied win probability for that outcome was 82%.
Polymarket has acquired the productivity app Craft Agents, and some members of the Craft Agents team will join Polymarket. According to Foresight News, the update was shared in a social media post by Balint Orosz, Polymarket’s vice president of product engineering and a former co-founder of Craft.O…
A bipartisan pair of US senators has called on the Commodity Futures Trading Commission to investigate prediction market platform Polymarket after reports that it paid social media influencers to create videos showing fake bets.Republican Senator John Curtis and Democratic Senator Adam Schiff sent…
The US Commodity Futures Trading Commission is conducting an extensive investigation into prediction market platform Polymarket, according to a person familiar with the matter, Bloomberg reported.The probe is the latest challenge for Polymarket, which has faced operational stumbles and legal scruti…
