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Only 12.7% of crypto wallets report profits on Polymarket
9.10.2024
Only 12.7% of Polymarket users have made a profit in prediction markets, with the majority earning less than $100, according to onchain data
DC Circuit Court Rules Kalshi’s US Election Bets Legal
5.10.2024
This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Judge Millett’s opinion supports the legality...
Wintermute launches OutcomeMarket, US election prediction tokens
17.9.2024
The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States
Prediction Market Limitless Raises $3M in Pre-Seed Round Led by 1confirmation
17.9.2024
PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1confirmation, which has backing from tech veterals such as Peter Thiel, Marc...
A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation
17.9.2024
Unlike industry leader Polymarket, Limitless Network isn't focusing on the election. It's carving out a niche with contracts that expire quickly and user-created markets
Will Trump and Harris Debate Again? Polymarket Bets Say There’s a 60% Chance
12.9.2024
According to Polymarket’s betting odds, there’s a 60% chance we’ll see another debate between former President Donald Trump and Vice President Kamala Harris, even though no additional debates are currently scheduled beyond the one held on Sept. 10, 2024. Bettors Place Their Bets on a Second...
Prediction market interest fuels launch of PancakeSwap Telegram bot
11.9.2024
Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election
Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days
9.9.2024
In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume...
US prediction market Kalshi scores 'huge win' against CFTC
7.9.2024
US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC's decision. However, the CFTC still has the option to appeal
Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy
1.9.2024
The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since Polymarket’s inception. Polymarket Volume Soars...
Bloomberg adding Polymarket election data to Terminal
29.8.2024
The move signals the crypto betting market’s growing importance.
Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan
29.8.2024
36% Chance for Durov’s Freedom in August: Polymarket’s High-Stakes Bet on Telegram Founder’s Fate
26.8.2024
According to the blockchain-powered prediction market Polymarket, bettors are giving Telegram founder Pavel Durov a 36% chance of being released this month. Durov was taken into custody by French judicial police at Le Bourget airport in France, facing allegations related to facilitating crimes such...
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
12.8.2024
Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power
Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade
11.8.2024
Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options. The upgrade also includes live game scoring...
Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules
9.8.2024
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
8.8.2024
A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events
Polymarket Bettors Predict 84% Chance of Trump-Harris Debate Before Election
26.7.2024
According to the blockchain-based prediction market Polymarket, there is an 84% likelihood that former President Donald Trump and current Vice President Kamala Harris will debate before the election. Trump has shown hesitation to debate Harris until her official nomination, citing significant...
Biden Exits 2024 Election, Polymarket Predicts Kamala Harris as Leading Democratic Nominee
21.7.2024
Following the announcement that President Joe Biden will withdraw from the 2024 election, the prediction market Polymarket now indicates an 81% probability that Vice President Kamala Harris will be the Democratic nominee at the upcoming national convention. Polymarket Shows Kamala Harris...
Trump election bets boost Polymarket volumes to record $116M in July
17.7.2024
A massive surge in US presidential election bettors has already brought Polymarket record-breaking volumes just two weeks into July