Polymarket News
Polymarket is redefining betting with blockchain-based prediction markets, allowing users to wager on real-world events. Polymarket news tracks major betting trends, regulatory challenges, and market liquidity shifts. As decentralized prediction markets gain traction, their impact on finance and information markets continues to grow.
Latest Polymarket News
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South Korean police booked 26 Polymarket users over 17.6 billion won in alleged illegal bets, with 18 cases now referred to prosecutors.
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Sports gaming firm Underdog has sued Connecticut officials in federal court to stop the state from treating its sports event contracts as illegal gambling, extending its legal fight against state regulators to a sixth jurisdiction. According to Underdog’s lawsuit filed…
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Polymarket has moved its primary blockchain indexing infrastructure in-house, cutting the time needed to surface some onchain events by as much as 14 blocks, or roughly 28 seconds. Polymarket Vice President of Engineering Josh Stevens said the prediction market platform…
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Kalshi settles bets with a rulebook and a person applying it. Polymarket settles them with a token-holder vote. World settles them with a data feed, no panel, no dispute window, nobody to call. Three live models now, and each one fails differently.
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Polymarket appointed former Amazon CFO Warren Jenson as its first finance chief while expanding its regulated U.S. exchange and global platform.
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Riot Games has discussed potential esports sponsorship agreements with prediction market operators Kalshi and Polymarket as the League of Legends World Championship approaches in October. Bloomberg reported on Sept. 11, citing people familiar with the private talks, that the Tencent-owned…
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The House killed eight voting days, Polymarket odds crashed from 82% to 16%, and the ethics clause nobody can agree on may bury the most important crypto bill in a generation. The CLARITY Act was supposed to be the easy…
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LeBron James teased a Polymarket partnership expected to begin with American football, but neither party has disclosed the commercial terms.
Recap
In this week’s edition of the weekly recap, Polymarket pursued a $1 billion funding round at a proposed $21 billion valuation, while Cronos reversed its blockchain after a $75 million exploit. U.S. spot Bitcoin ETFs also posted their strongest daily…
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Polymarket has launched perpetual futures across 10 crypto, equity, index, and commodity markets, allowing eligible international users to trade with leverage of up to 20 times. Polymarket Perps opens with 10 markets Polymarket said in its launch announcement that the…
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A prediction market that went from zero revenue to a billion dollar run rate in six months is signing deals with major sports leagues while state attorneys general line up to call it illegal gambling. The sports league playbook The…
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Trump Jr.-linked 1789 Capital plans to invest about $300 million as Polymarket seeks $1 billion at a reported $21 billion valuation.
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Polymarket has strengthened its trade surveillance and investigation systems ahead of the U.S. midterm elections, as the prediction market operator faces scrutiny over insider trading and American access to its international platform. Reuters reported on Aug. 31 that Polymarket’s new…
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Fortune Protocol has integrated Polymarket liquidity into Fortune Markets, adding another source of prediction markets alongside Predict.fun while giving users a single interface to compare liquidity, volume and market probabilities. Fortune Protocol said in an X announcement on Aug. 25…
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The CFTC entered a criminal Polymarket case to defend its view that event contracts are swaps covered by commodities law.
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Intercontinental Exchange has signaled it may put more money into Polymarket’s next funding round after building a $1.64 billion stake in the prediction market platform. Bloomberg reported Thursday that ICE Chief Executive Officer Jeff Sprecher said the New York Stock…