Freeland Resigns, Is Trudeau Next? Exit Odds Surge in Betting Markets

December 17, 2024 Bitcoin.com

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The halls of Canadian Parliament have been buzzing with turmoil following the resignation of Chrystia Freeland, Canada’s finance minister and deputy prime minister. Adding fuel to the fire, speculation is mounting among Polymarket bettors and the general public that Prime Minister Justin Trudeau might also step down as the fallout continues. Canada’s Political Powder Keg: […]

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Trump’s Pardons Predicted: Jan. 6 Protestor, Ross Ulbricht, and Roger Ver Lead Polymarket Bets

December 6, 2024 Bitcoin.com

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A bet on Polymarket, the prediction marketplace, is drawing buzz with its question: Who will President-elect Donald Trump pardon within his first 100 days? Since its launch, this wager has attracted $3,483,995 in volume. On Friday, Dec. 6, Polymarket participants highlighted top contenders, including Ross Ulbricht, the Silk Road founder, and cryptocurrency entrepreneur Roger Ver. […]

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French Users Reportedly Blocked From Polymarket Predictions Market

November 24, 2024 Bitcoin.com

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Social media reports suggest that Polymarket has blocked French users and warned against attempts to circumvent the block. According to one social media post, Polymarket now includes France-based users on its list of restricted users. Claims that Polymarket is now inaccessible to French users emerged a few weeks after the country’s gambling regulator reportedly said […]

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It’s Morning in America for Crypto

November 16, 2024 Bitcoin.com

bitcoin.com

With a decisive electoral sweep of the presidency and Congress, Trump’s second term could mark a transformative era for bitcoin, crypto, and the broader blockchain industry. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump’s Victory Could […]

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FBI Raids Polymarket CEO’s Home As DOJ Probes the Decentralized Betting Platform: Report

November 15, 2024 The Daily Hodl

Betting

The Federal Bureau of Investigation has reportedly executed a search warrant on the home of Shayne Coplan, the CEO of decentralized predictions-betting platform Polymarket. Citing a source who requested anonymity, Bloomberg reports that the FBI seized Coplan’s phone and electronics during the raid, which happened just as the US Justice Department (DOJ) investigates Polymarket for […]

The post FBI Raids Polymarket CEO’s Home As DOJ Probes the Decentralized Betting Platform: Report appeared first on The Daily Hodl.

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Polymarket Turns Up the Heat: Millions Wagered on Paul vs. Tyson Bout

November 15, 2024 Bitcoin.com

bitcoin.com

This evening at 8 p.m. ET, AT&T Stadium in Arlington, Texas, will host an electrifying boxing showdown: Mike Tyson, the legendary heavyweight, squares off against Jake Paul, the social media star turned professional fighter. Earlier in the day, Polymarket bettors are already placing their bets on the bout’s outcome. Paul vs. Tyson: Bettors Predict a […]

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Report: Polymarket Under DOJ Probe After Explosive Bets on Trump-Harris Election

November 14, 2024 Bitcoin.com

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A Bloomberg report suggests that the prediction market Polymarket has caught the eye of the U.S. Department of Justice (DOJ), potentially facing a probe. ‘In the Face of Adversity, We Build’: Polymarket Responds to Scrutiny From Federal Authorities After an FBI raid on Polymarket CEO Shayne Coplan’s residence, Bloomberg reports that the DOJ has initiated […]

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FBI Raids Polymarket CEO’s Home, Seizes Devices Amid Trump Bet Controversy

November 13, 2024 Bitcoin.com

bitcoin.com

The FBI reportedly raided the Manhattan apartment of Shayne Coplan, CEO of betting platform Polymarket, early Wednesday. The raid followed Polymarket’s accurate prediction of Donald Trump’s 2024 presidential victory, a result that contrasted with traditional polls. FBI agents seized Coplan’s phone and electronic devices, though he was not arrested or charged. A source close to […]

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Polymarket Faces Significant Post-Election Lull in Trading Volume, User Activity

November 12, 2024 Bitcoin.com

bitcoin.com

Less than a week after the 2024 U.S. election, the prediction market Polymarket has seen daily trading volume drop sharply. After Election Spike, Polymarket Returns to Quieter Trading Before the election between Donald Trump and Kamala Harris, the Polygon-powered Polymarket buzzed with activity as bettors wagered on the presidential outcome. In addition to the presidential […]

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Vitalik explores potential of ‘info finance’ as ETH tops $3K

November 9, 2024 Coin Telegraph

Vitalik explores potential of ‘info finance’ as ETH tops K

Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.

Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.

In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.

According to Buterin, “Info finance is a discipline where you (i) start from a fact that you want to know, and then (ii) deliberately design a market to optimally elicit that information from market participants.”

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