Traders on Polymarket are generating outsized returns by betting on daily temperature outcomes in cities worldwide, making weather prediction markets one of …
Polymarket
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Regulation
Brazil blocks Kalshi and Polymarket in crackdown on prediction markets
by shayaanby shayaanBrazil has blocked access to prediction market platforms including Kalshi and Polymarket, escalating a regulatory crackdown on products officials say operate like …
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Regulation
Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com
by shayaanby shayaanPrediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn’t buying it, and in a new complaint …
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Finance
Robin Markets raises $475,000 as VC backs Polymarket yield infrastructure
by shayaanby shayaanRobin Markets raised $475k to launch a staking product that turns Polymarket positions into yield, a targeted crypto VC bet in a …
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Scams
US Soldier Was Blocked on Kalshi Before Taking Maduro Bets to Polymarket
by shayaanby shayaanIn brief A U.S. soldier charged with using classified military intelligence to bet on the removal of Venezuelan President Nicolás Maduro failed …
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Scams
Trump Says World Becoming a ‘Casino’ as Soldier Charged Over Polymarket Maduro Bets
by shayaanby shayaanIn brief U.S. president Donald Trump said the world has become “somewhat of a casino” following the rise of prediction markets. A …
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Scams
US Soldier Charged for Alleged $400K Polymarket Insider Trading on Maduro Removal
by shayaanby shayaanIn brief U.S. Army soldier Gannon Ken Van Dyke was charged with five federal crimes, including commodities fraud and unlawful use of …
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Markets
U.S. arrests soldier for Polymarket bets on Nicolas Maduro raid he participated in
by shayaanby shayaanThe U.S. Department of Justice said Thursday it had arrested a soldier in the U.S. Army for placing bets on Polymarket about …
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In brief Polymarket is reportedly seeking to raise $400 million at a $15 billion valuation in a new funding round. The round …
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Finance
This bot only bets ‘No’ on Polymarket, and its creator keeps losing money
by shayaanby shayaanSomeone built a money-losing Polymarket bot that only spends money on “No” trades, i.e. bets that events won’t occur. It is a …