Polymarket Faces Backlash After $7 Million Market Manipulation Scandal

Polymarket is under fire for what users are calling a manipulated $7 million market, where UMA whales allegedly skewed the outcome, leaving bettors with significant losses. The post Polymarket Faces Backlash After $7 Million Market Manipulation Scandal appeared first on BeInCrypto.

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Polymarket suffers governance attack due to UMA whale intervention

Polymarket reportedly experienced a governance attack on their prediction market related to Trump’s Ukrainian mineral deal due to a last-minute intervention from a whale that tipped the results in their favor.

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Robinhood Partners With Kalshi To Create Crypto Prediction Market Hub

Robinhood is launching a prediction market hub, starting with NCAA basketball tournament bets through a partnership with Kalshi. This could challenge Polymarket and open new revenue streams. The post Robinhood Partners With Kalshi To Create Crypto Prediction Market Hub appeared first on BeInCrypto.

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Truemarkets, Base L2’s cousin of Polymarket, is officially launched

A new prediction market platform Truemarkets has finally launched after raising over $4 million through its public Oracle Patron NFT sale in Nov. 2024, with Buterin minting 400 NFTs. Truemarkets (TRUE), the decentralized prediction market platform built on the Base…

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Remittix (RTX): Another Path to Growth as LTC ETF Approval Has Higher Likelihood Than SOL

The crypto market has seen a growing number of ETF proposals in recent months, yet Litecoin (LTC) emerges with the best odds of success—currently priced at about $104. 16, LTC stands an 85% chance of securing an ETF approval this year, according to Polymarket data.

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Bitcoin Reserve in 100 Days of Trump's Presidency? Market Is Still Skeptical

Polymarket bettors give a BTC reserve a better chance of becoming a reality in 2025, but still aren't sure about it.

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EU offers support to Zelenskyy, but crypto gamblers bet against him on heels of disastrous Trump meeting

Crypto gamblers on Polymarket, the prediction market platform, have staked over $627,000 on the speculation that Ukrainian President Volodymyr Zelenskyy will step down before July. At the time of publication, Polymarket participants estimated a 19% probability of Zelenskyy’s premature exit.…

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Kanye West’s YZY coin speculation heats up with $11 million in Polymarket bets

Crypto bettors on the decentralized marketplace Polymarket are betting on the possibility that Kanye West, now known as Ye, will launch a crypto token this month. Market odds currently place the chances of such a token at 76%, reflecting a significant surge of nearly 55% in the past 24 hours.

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Polymarket Still Skeptical of U.S Bitcoin Reserve Despite David Sacks' Assurance

Trump's crypto czar David Sacks confirmed on Fox News that a national BTC reserve is being studied, but the market isn't buying it

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Polymarket faces backlash over TikTok ban prediction resolution

Polymarket faces backlash after resolving a TikTok ban prediction market to "Yes," sparking user outrage over manipulation allegations and questions about its dispute resolution process.

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Polymarket Bettors Certain Ross Ulbricht Pardon Is on Trump’s Agenda

Crypto was absent from the first batch of President Trump's executive orders and pardons, but the market is confident it will come soon.

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Thai authorities consider closure of Polymarket for illegal gambling

Predictions market Polymarket may face closure in Thailand as authorities crack down on crypto-powered gambling activities. Thailand‘s cyber police are planning to shut down predictions market Polymarket, which officials say violates the country’s gambling laws. In a Jan. 14 statement,…

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Polymarket's Customer Data Sought by CFTC Subpoena of Coinbase, Source Says

The U.S. Commodity Futures Trading Commission is said to be seeking information about customers' interactions with the prediction market site Polymarket.

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Unlucky gamblers lost big on the $100k Bitcoin bet

Traders betting on Bitcoin’s surge to the $100,000 mark have been liquidated on the market prediction platform Polymarket. Bitcoin (BTC) rallied to an all-time high of $99,655 on Nov. 22, increasing the chances of breaking the $100,000 barrier to 91%,…

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Polymarket blocks French users amid regulatory probe

Polymarket, a leading blockchain-based prediction market, has restricted access to French users amid a government investigation into its compliance with national gambling laws, according to local media reports.

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Polymarket access restricted in France amid gambling compliance review

The restriction highlights the growing tension between innovative financial platforms and traditional regulatory frameworks, impacting market dynamics. The post Polymarket access restricted in France amid gambling compliance review appeared first on Crypto Briefing.

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U.S. Bitcoin reserve draws mixed reactions: 'The market is skeptical on...'

Top asset managers have varied reactions to the U. S. national BTC reserve.   The current market expectation of the reserve was lukewarm, per Polymarket odds.   The crypto market is watching The post U.

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Polymarket Trader Loses Millions on Tyson After Making Bank on Trump

Plus: the market is not confident if Matt Gaetz will be confirmed as Trump's attorney general.

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DOJ investigates Polymarket over alleged U.S. user participation

Polymarket was named the subject of a DOJ investigation over whether the predictions market allowed U.S. users on its platform.

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FBI seizes Polymarket CEO’s devices to allegedly probe potential market manipulation in elections bets

The FBI seized the phone and electronics of Polymarket CEO Shayne Coplan on Nov. 13, the New York Post reported, citing a source.   According to the report, the source said the government is allegedly trying to accuse Polymarket of market manipulation and rigging its polls in favor of Trump.

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FBI seizes Polymarket CEO’s phone and electronics: report

The New York Post has published a news story alleging the Federa Bureau of Investigations has seized a phone and electronics from Polymarket CEO. Sources reportedly see this as political retriution after the betting market platform predicted the 2024 US election.

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Polymarket CEO's Home Is Raided by FBI

Shayne Coplan's prediction market saw enormous activity leading up to the U.S. presidential election.

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Polymarket Projects a GOP House, Clinching Trump Trifecta

If the prediction market's traders are right – and lately, they've been right – the election results are even more bullish for crypto than they appear.

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Bitcoin claims new all-time high as Trump’s Polymarket odds hit 97%

Bitcoin reached a new all-time high today, hitting $74,870. 20, as Donald Trump’s odds of winning the US presidential election surged to 97% on the prediction market. Bitcoin is currently trading at $74,331.

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Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens

While the U.S. election has directed investor focus to bitcoin and Polymarket, the murky memecoin market is also beginning to heat up. Thousands of election-themed tokens have been created over the past 24 hours.

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Whale sheds $4M in Trump win-related bets on Polymarket amid elections uncertainty

A prediction market Polymarket user sold nearly $4 million in bets related to former US President Donald Trump’s victory in the Nov. 5 elections in the past 24 hours. The investor had accumulated over $15.

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Polymarket odds suggest US elections will be decided by Pennsylvania

Vice President Kamala Harris overtook former President Donald Trump’s odds of winning in Michigan and Wisconsin on prediction market Polymarket. If Harris wins the two swing states, the state of Pennsylvania will become the deciding factor in who wins the US presidential election.

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Fortune Claims Polymarket Is 'Rife' With Wash Trading

As much as a third of the prediction market's volume is inflated by traders buying and selling the same shares repeatedly, Fortune reported, citing blockchain researchers. They could be doing it to farm a future airdropped token.

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Election betting market Kalshi to take USDC deposits

Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead. 

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Polymarket Defends Neutrality as Donald Trump’s Odds Spark Allegations of Bias

Polymarket CEO Shayne Coplan clarified that claims of manipulation stem from market reactions and stated that major investor Peter Thiel's influence is minimal. The post Polymarket Defends Neutrality as Donald Trump’s Odds Spark Allegations of Bias appeared first on BeInCrypto.

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Polymarket - Why a $45M bet on Trump is raising manipulation concerns

Polymarket claims there is no evidence of manipulation, despite significant whale bets on Trump Prediction market odds have diverged from traditional polls, complicating election outcome predicThe post Polymarket - Why a $45M bet on Trump is raising manipulation concerns appeared first on AMBCrypto.

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Activist Group Says Kalshi’s Election Market Should Be Shut Due to 'Manipulative' Whales

Better Markets is using Polymarket's "French connection" as ammo against the prediction market's regulated competitor.

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Polymarket identifies one trader driving Trump bet activity on platform

Prediction market Polymarket has linked a single French trader to a group of accounts that heavily bet on Donald Trump’s election odds, amid concerns of potential market manipulation. Polymarket has found that one French trader is behind several accounts that…

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Polymarket user bought $2m of ‘Yes’ shares for Kamala Harris

A new Polymarket user, with the Ly67890 username, placed a massive bet on Vice President Kamala Harris, increasing her odds on the market prediction platform. Ly67890 bought $2 million worth of “Yes” shares for the Democrat presidential runner just 11…

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What happens to Polymarket bets if result of US Election is contested?

The decentralized prediction market platform Polymarket has clear outlines for resolving bets on the 2024 US Presidential Election in the event of contested results. The platform’s market, focusing on whether Donald Trump or Kamala Harris will win the presidency, will be resolved based on calls from three major news organizations: the Associated Press, Fox News, […] The post What happens to Polymarket bets if result of US Election is contested? appeared first on CryptoSlate.

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World's Largest Prediction Market Polymarket Is Trump Biased

It's clear that Polymarket leans pro-Trump, and you should be aware.

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No, Polymarket Whales Aren't Evidence of Prediction Market Manipulation

If you think the Trump bulls are wrong, bet against them.

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U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets Traction

In just three weeks, Kalshi's presidential prediction market has passed $30M in volume. It still trails Polymarket's $2 billion.

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Less than $5 million could change the leader in the US Election race on Polymarket

Data reveals a significant imbalance in the Polymarket order book for the 2024 US Election. The market betting on a Donald Trump victory currently has asks totaling $32 million and bids at $1. 5 million, resulting in a market depth of $33.

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Polymarket users jockey over $50m ‘Trump coin’ bet

Polymarket bettors have challenged the resolution of a market titled “Will Trump launch a coin before the election?” calling the outcome a colossal blunder. Whether former U.S. President Donald Trump would launch a cryptocurrency before Nov. 4 stirred up controversy…

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Presidential election bets surpass $2b on Polymarket, Trump leading with $600m

The bets on the market prediction platform Polymarket for the 47th U.S. president are quickly rising ahead of the elections. Republican candidate Donald Trump is leading with a huge gap. According to data provided by Polymarket, the total amount of…

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Trump’s lead over Harris widens, but is Polymarket accurate?

Donald Trump’s lead over Kamala Harris has grown on Polymarket, a prediction market that allows users to wager on political outcomes.   As of writing, Trump holds a 55. 3% probability of winning the U.

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Trump's Lead Over Harris Widens on Polymarket's Prediction Market

His odds of winning the U.S. presidential election have soared to a more than two-month high.

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Trump Meme Coins Soar as Elon Musk Boosts Trump’s Odds on Polymarket

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Polymarket Bettors Shuffle Odds of Bitcoin's Creator Reveal Ahead of HBO Documentary

New information over the weekend shattered the market's consensus on the identify of Satoshi Nakamoto.

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Who is Len Sassaman? The man leading Polymarket’s Bitcoin founder market

As HBO’s documentary promises to reveal Bitcoin’s creator, bettors on Polymarket speculate if Len Sassaman is the real Satoshi Nakamoto. Len Sassaman, a name not widely known outside of cryptography or cryptocurrency circles, has emerged as a key figure in…

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Polymarket starts betting market on Satoshi Nakamoto’s identity

Polymarket traders have started betting on who the HBO documentary “Money Electric: The Bitcoin Mystery” will unmask as Satoshi Nakamoto, the anonymous creator of Bitcoin. On Oct. 4, Polymarket traders opened up a betting market for the big reveal of…

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US election Polymarket odds close to tightest since mid-September amid new 2020 election challenge

The 2024 US presidential election race remains highly competitive on prediction markets, with odds tightening recently on Polymarket, the leading blockchain-based prediction platform. As of press time, the “Presidential Election Winner 2024” market on Polymarket shows an extremely close contest between the frontrunners.

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EIGEN FDV slips to $6.4b, in a victory for Polymarket traders

Eigenlayer token retreated by over 2% after launching one of the most anticipated airdrops of the year.  EIGEN slips after its airdrop EigenLayer (EIGEN) retreated to a low of $3.61, giving it a market cap of $717 million. It had…

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