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Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge

The prediction market would use the potential token "as a way for users to validate the outcome of real-world events," the Information reported. It's unclear what that would mean...
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U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court

The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.
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Bitcoin Slides, Yen Gains as Trump-Harris Debate Disappoints Markets

The yen picked up a strong bid in late July as the Bank of Japan hiked interest rates for the first time in decades, triggering an unwinding of the...
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Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan

Hedgehog Markets, which runs on the Solana blockchain, wants to do for prediction markets what Pump.fun did for göğüs coins: Let anyone roll their own.
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Polymarket Bettors Miss Out on $270K Due to Pavel Durov’s Early Release

Bettors were fairly müddet the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.
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Crypto’s Bet on Election Betting Expands to Solana

Perpetuals trading hub Drift protocol is adding a Polymarket-style prediction market – with some DeFi twists.
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Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket

A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.
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Polymarket Trading Explodes as 2024 Election Enters Uncharted Territory

Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat's nominee and $10 million...
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Popcat Crosses $1B, Mog Rallies as Solana, Ethereum Beta Bets Gain Favor

Popcat became the first cat-themed göğüs coin to hit $1 billion market capitalization, a resolved Polymarket bet shows.
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Polymarket Bettors Put Nearly $80M on Biden’s Democratic Chances

Market veri shows Polymarket bettors called Biden's drop out hours before it was announced.
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