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Ethereum co-founder Vitalik Buterin criticized the current direction of prediction markets, warning that an increasing focus on short-term bets risks distorting incentives and encouraging harmful behavior. Buterin Questions Short-Term Betting Culture in Crypto Markets In a recent post published to X, Buterin said prediction markets have reached sufficient scale to support professional traders and contribute … Read more
Stablecoins tightened their grip on crypto casinos and prediction markets in 2025, with dollar-pegged tokens like USDT and USDC emerging as the default chips for online wagering. This year is poised to play out in much the same fashion. Stablecoins Projected to Command Majority of Crypto Wagering Volume Going Forward The shift was not subtle. … Read more
Super Bowl LX delivered more than a Lombardi Trophy — it delivered a stress test for America’s betting industry. As the Seattle Seahawks beat the New England Patriots 29-13, prediction markets piled up record volumes that signaled a measurable shift in how fans wager on the biggest game of the year. Traditional Sportsbooks Trail as … Read more
Drake has never been shy about betting big, but on the eve of Super Bowl LX, the global music star took it up another notch by placing a $1 million wager on the New England Patriots—despite the majority of betting markets lining up against them. Drake’s $1 Million Stake Bet Backs Patriots The bet, revealed … Read more
The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports. Go to Source
According to cybersecurity firm CertiK, losses from digital asset scams and cybersecurity exploits topped $129 million in October. Go to Source
Polymarket data showed four accounts reportedly controlled by French national ‘Théo’ bet roughly $38 million for Donald Trump to win the US Electoral College and the popular vote. Go to Source
The platform said it was “committed to democratizing finance for all,” but would not endorse either the Democratic or Republican candidate in 2024. Go to Source
Donald Trump now has 63.7% odds on Polymarket to win the US presidential election, but voter polls suggest otherwise. Go to Source
On Thursday, betting activity on Polymarket indicated that former President Donald Trump has pulled ahead of Vice President Kamala Harris in the race for the 2024 election. As of press time, Trump’s odds stand at 55.8%, with Harris trailing at 43.7%. This shift in favor of Trump has been observed since around Oct. 5, approximately … Read more
