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Betting
Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Out
The event throws into question the perceived heightened accuracy of betting markets like Poymarket over conventional polls.
Polymarket Bettors Punt $1.1B on Superbowl Results, Despite Regulatory Overhang
The Philadelphia Eagles won the Superbowl, but the Kansas City Chiefs were the early favorite on Polymarket.
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom
MetaDAO, a Solana experiment in governance by "futarchy," raised a total of $2.2 million to fund operations.
Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day
Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket.
MOON Holder Makes 550% on Predictions Platform Polymarket as Bitcoin Moves Above $50K
The trader had bought the Yes side shares of the now-expired Polymarket-based betting contract "Will BTC hit $50,000 in February?"
'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
Rollbit Recorded $38M in September Betting Revenues, RLB Token Climbs
Over 1.2% of the token’s supply was destroyed, a co-founder said.
After GOP Debate, Blockchain Bettors See Ramaswamy as Most Formidable Trump Challenger
Betting lines didn’t change much as a result of Wednesday’s debate, but the Bitcoin-friendly entrepreneur has edged out Florida governor Ron DeSantis this past week in the GOP’s race for second place.
CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
The U.S. derivatives regulator has scheduled a June 26 meeting to discuss starting another review to evaluate whether to approve Kalshi’s event contracts.
