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DOJ and CFTC Terminate Polymarket Investigations: Bloomberg

[Jul 15 5:43 PM] U.S. authorities have closed investigations into crypto-betting platform Polymarket, signaling a regulatory shift under the Trump administration. Bloomberg reports that the U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission…

US Bombs Iran, and Now Everyone’s Wagering on What’s Next

[Jun 22 2:05 PM] After U.S. President Donald Trump announced on Saturday evening that the U.S. had launched successful airstrikes on Iran, trading activity tied to the Middle East conflict on prediction markets lit up like a pinball machine. Gamble of War: Traders…

Prediction Markets Give Trump the Edge on Election Day

[Nov 5, 2024 2:30 PM] Recent numbers from prediction markets suggest that former President Donald Trump is holding a substantial edge over Vice President Kamala Harris. Battle for the White House Bettors have shown a consistent shift in support for Donald Trump in the…

Fortune Claims Polymarket Is 'Rife' With Wash Trading

[Oct 30, 2024 5:08 PM] As much as a third of the prediction market's volume is inflated by traders buying and selling the same shares repeatedly, Fortune reported, citing blockchain researchers. They could be doing it to farm a future airdropped token.