Polymarket – DIGIT INFO

Presidential Election Betting Surges as Odds Tighten on Polymarket

The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from Polymarket still place Trump in the lead, albeit by […]

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Taiwan officials launch inquiry into crypto betting on election results: Report

Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election.

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Crypto predictions platform Polymarket fined $1.4M by CTFC

“All derivatives markets must operate within the bounds of the law regardless of the technology used,” said Acting Director of Enforcement Vincent McGonagle.

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CFTC reportedly investigating decentralized prediction platform Polymarket

Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe.

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Crypto prediction markets turn against Trump after first debate

Emerging Ethereum-powered predictions platform Polymarket produced six-figure volume amid the first presidential debates.

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