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Polymarket has partnered with OpenWorlds to bring autonomous AI agents to prediction markets covering politics, sports, and thousands of other events. According to OpenWorlds’ announcement and information shared with crypto.news, the AI lab is working with Polymarket to let agents…
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New York Attorney General Letitia James has sued Polymarket, alleging that the prediction market operated without a state gambling license and allowed people under 21 to use its platform. According to a petition filed by New York Attorney General Letitia…
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Polymarket has stepped up talks with European and UK regulators as the prediction market platform seeks financial services oversight for its contracts instead of being regulated primarily under national gambling laws. According to the Financial Times, the New York based…
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Polymarket faces scrutiny after WSJ reported a $10 million stolen-card fraud attempt and unusually high rejected deposits on its U.S. platform.
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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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