Showing articles in Polymarket

Betting Markets Falter on Papal Predictions as Polymarket Loses Edge

Recent outcomes of papal conclave predictions on the Polymarket platform challenge the effectiveness of crypto betting markets compared to traditional polls.

Religion

Ghanian Cardinal Peter Turkson is Favored in Crypto Circles Ahead of Papal Conclave

As the Catholic Church anticipates a historic Papal Conclave, Cardinal Peter Turkson of Ghana garners significant attention in the crypto community and on prediction platforms like Polymarket.

Politics

Canadian Election Betting: Mark Carney Holds Dominant Lead

As Canada approaches its election, betting markets indicate Mark Carney has a strong lead for Prime Minister, while Pierre Poilievre's chances appear lower.

Finance

Polymarket and UMA Communities Estranged Over $7 Million Betting Incident

A significant disagreement has emerged between Polymarket and UMA over a $7 million bet, highlighting issues with prediction market operations.

Governance

Governance Attack on Polymarket: Rogue Actor Targets Ukraine Contract

A rogue Ethereum wallet user has executed a governance attack on a Ukraine-themed market on Polymarket, accumulating over 1.3 million UMA tokens in the process.

Finance

Polymarket Shows 90% Prediction Accuracy for Global Events

New research unveils that Polymarket accurately predicts significant events with a remarkable 90% accuracy over a month and up to 94% shortly before they occur.

Finance

Robinhood Launches Prediction Market Following Polymarket's Success

Robinhood is set to introduce a new prediction market platform that allows users to place bets on various events.

Economy

Polymarket Investors Optimistic About Potential Canadian Tariff Negotiations

Traders on Polymarket are betting on the likelihood of reduced tariffs between Canada and the U.S., following hints of negotiation from Commerce Secretary Howard Lutnick.

Finance

Polymarket Bettors Wager $1.1 Billion on Superbowl Outcome Amid Regulatory Challenges

Bettors on Polymarket placed a staggering $1.1 billion in wagers regarding the recent Superbowl, highlighting the platform's growing popularity despite regulatory scrutiny.

News

Polymarket Remains Doubtful on U.S. Bitcoin Reserve Despite David Sacks' Claims

Polymarket bettors express skepticism about the establishment of a national Bitcoin reserve following David Sacks' assurances on Fox News.

Policy

Polymarket Bets on Trump's Pardon for Ross Ulbricht

Market speculation surrounds a potential pardon for Silk Road founder Ross Ulbricht by President Trump during his second term.

Policy

Understanding the Gambling Debate Around Prediction Markets

An exploration of how prediction markets are viewed as gambling by regulators in various countries, highlighting the case of Polymarket and the appointment of Donald Trump Jr. as an advisor to Kalshi.

Policy

Singapore Restricts Access to Polymarket Following Actions in Taiwan and France

Singapore's Gambling Regulatory Authority has mandated local ISPs to block Polymarket after similar measures were implemented in Taiwan and France.

Regulation

CFTC Seeks Data from Coinbase on Polymarket Customers

The U.S. Commodity Futures Trading Commission is pursuing information related to customer interactions with the prediction market platform Polymarket via a subpoena issued to Coinbase.

News

Confidence Grows Among Bettors: Will Trudeau Resign by Friday?

As speculation intensifies surrounding Prime Minister Trudeau's potential resignation, bettors on Polymarket weigh in on the likelihood of his departure.

Politics

Polymarket Betting Odds Suggest Justin Trudeau's Resignation Could Be Imminent

With predictions varying on the timeline for Prime Minister Justin Trudeau's potential resignation, Polymarket bettors are actively placing their bets on when the announcement will be made.

News

Confidence Grows in Justin Trudeau's Impending Resignation by Week's End

Insights into the political landscape as Polymarket bettors react to rumors surrounding Justin Trudeau's resignation.

Finance

Shayne Coplan: Pioneering Prediction Markets in the Mainstream

Shayne Coplan, founder of Polymarket, has revolutionized prediction markets, showing real-world applications for cryptocurrency and gaining significant media attention.