Polymarket disclosed prior funding rounds totaling $205 million ahead of a reported $2 billion ICE investment, positioning the prediction-market platform for expansion beyond political trading into broader economic and event markets.
Dwayne ‘The Rock’ Johnson has overtaken Vice President Kamala Harris as the leading 2028 Democratic presidential hopeful on Polymarket, reflecting shifting voter sentiment and market speculation.
Following recent air strikes on Iran’s nuclear facility, the likelihood of Iran blocking the Strait of Hormuz has surged to 52% on Polymarket. This situation raises significant concerns for global oil supply and geopolitical stability in the region.
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As speculation swirls around the new pope, bettors have lost millions on platforms like Polymarket, where predictions failed to materialize. This trend underscores the volatility and uncertainty inherent in political betting markets.
Polymarket is facing a critical challenge as a rogue actor infiltrates its ecosystem, becoming a top-5 token staker and launching a UMA governance attack. The incident raises concerns about security and governance within decentralized platforms.
In a stark turn of fortune, a Polymarket trader who profited significantly from betting on Trump has reportedly lost millions after wagering heavily on Tyson’s market. This dramatic shift highlights the volatile nature of prediction markets and the risks involved.
Polymarket’s recent scrutiny underscores the difficulties of preventing U.S. users, particularly those leveraging VPNs, from accessing its platform. This challenge raises important questions about regulatory compliance and the efficacy of geolocation restrictions.
In a shocking development, the FBI conducted a raid on the New York apartment of Polymarket CEO, amid scrutiny surrounding the prediction market’s accurate forecasting of Donald Trump’s electoral victory. Authorities are investigating potential regulatory violations.
FBI agents executed a raid on the home of Polymarket CEO Shayne Coplan, part of an ongoing investigation into the cryptocurrency-based prediction market. Details remain scarce as authorities examine potential regulatory violations linked to the platform.