Daily Crypto News & Musings

Latest News and Articles about Polymarket

Polymarket Governance Flaw Exposed: $7M Bet on Ukraine Deal Manipulated

Polymarket’s Unexpected Bet Resolution Sparks Governance Debate In a stunning turn of events, a $7 million bet on Polymarket, a decentralized prediction market platform, resolved to “yes” despite no actual agreement being reached between Ukraine and former President Donald Trump on a proposed mineral deal. This unexpected outcome, manipulated by a large UMA token holder, […]

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Polymarket Adds Solana Deposits Amid Regulatory Challenges

Polymarket Welcomes Solana: A Strategic Move Amid Regulatory Hurdles Polymarket, the go-to platform for crypto enthusiasts betting on everything from election outcomes to celebrity gossip, has expanded its deposit options by welcoming Solana (SOL) into its fold. Starting March 25, users can now fund their wallets with SOL, joining Ethereum, USDC, and Polygon. Polymarket now […]

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Kanye West’s YZY Crypto Launch Next Week Amid Fake Token Chaos

Kanye West’s YZY Cryptocurrency Set to Launch Amid Fake Token Frenzy Kanye West, now known as Ye, recently announced via X that he will launch his cryptocurrency, YZY, next week. Ye emphasized that all current YZY coins in circulation are fake, clarifying the rampant speculation and fraudulent tokens flooding the market. This announcement follows a […]

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Polymarket Faces User Fury Over Premature TikTok Ban Market Resolution

Polymarket’s Controversial TikTok Ban Resolution Sparks User Backlash Polymarket, a leading blockchain-based prediction market platform, resolved a market predicting a U.S. TikTok ban before May 2025 as “Yes” on January 20, prompting significant user backlash. Polymarket resolved TikTok ban market as “Yes” on January 20. Supreme Court upheld TikTok ban; Trump issued 75-day extension. Market […]

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Polymarket Hits $10B in Bets, Boosts Polygon’s USDC and Transaction Volume

Polymarket Surges Past $10B in Prediction Market Volume, Boosts Polygon’s USDC Usage Polymarket hits $10B in prediction positions Polygon sees surge in daily transactions USDC usage on Polygon boosted Questions arise over POL token’s revival Polymarket, a decentralized prediction market platform, has recently crossed a significant threshold, surpassing $10 billion in total bets. This milestone […]

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Polymarket Post-Election Trading Volume Plummets 80%

Polymarket’s Post-Election Doldrums: A Crypto Betting Platform’s Rollercoaster Ride Polymarket, a popular prediction market platform, saw its fortunes soar and then plummet after the November 5th US election. Here’s what happened: Trading volume peaked at $2.6 billion during the election November 2024 was 37,700% higher than November 2023 January 2025 witnessed a sharp decline to […]

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Polymarket Banned in Singapore: DeFi Faces Global Regulatory Hurdles

Polymarket Banned in Singapore Under Strict Gambling Laws Polymarket, a decentralized prediction market platform, has been banned in Singapore due to the country’s stringent Remote Gambling Act of 2014. This ban highlights the challenges faced by innovative DeFi platforms in navigating global regulatory landscapes. Polymarket banned in Singapore under 2014 Remote Gambling Act Singapore permits […]

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Polymarket’s Wildfire Betting Sparks Ethical Firestorm

Polymarket Under Fire for California Wildfire Betting Markets Polymarket, a blockchain-based prediction platform, has sparked outrage by allowing users to bet on the outcomes of the Palisades wildfire in California. Critics argue betting on natural disasters is not only unethical but potentially dangerous, while Polymarket defends its actions, claiming they provide valuable real-time data. Polymarket’s […]

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Polymarket Rebounds on Polygon: Sports Betting Drives $543M Surge After Election Slump

Polymarket’s Comeback: Sports Betting Fuels Growth in Decentralized Prediction Markets on Polygon Polymarket has made a significant recovery after a post-U.S. election slump, driven primarily by a surge in sports betting. This resurgence has not only revitalized the platform but also significantly impacted the Polygon network. Polymarket rebounds with a focus on sports betting. Platform […]

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