Polymarket News

Polymarket issues a public statement addressing the recent “retardio” incident involving an intern’s posts, expressing apologies for “inappropriate language.” Polymarket, a decentralized prediction market platform that allows users to place bets on world events, has found itself in hot water…

Traders taking bets on the platform predict a 90% chance the SEC will approve spot Bitcoin ETFs by mid-January, while the minority is hedging against the converse outcome.

PredictIT has been ordered by the U.S. CFTC to close of its popular marketplaces after following to adhere to terms of a no-action letter.