Polymarket | ForkLog

ForkLog 17 24.01.2025

Lawyer Asserts Decentralized Prediction Markets Are Not Gambling

Regulators in several jurisdictions have banned the Web3 prediction market platform Polymarket, classifying it as a gambling venue. However, attorney Aaron Brogan finds the authorities’ arguments unconvincing, reports CoinDesk. The decision to ban the platform was made by Singapore, Thailand, and Taiwan. Polymarket has also faced scrutiny from regulatory and law enforcement bodies in France […]

AI translated

ForkLog 12 21.01.2025

Polymarket Odds of Ross Ulbricht’s Release Surge to 97%

The likelihood of Ross Ulbricht, founder of the darknet marketplace Silk Road, being pardoned by U.S. President Donald Trump within the first 100 days of his term has soared to 97% on Polymarket. Data: Polymarket. The volume of bets has risen to $8.9 million. The surge was catalyzed by a tweet from Elon Musk stating […]

AI translated

ForkLog 46 10.01.2025

CFTC seeks Coinbase customer data in Polymarket probe

Coinbase warned users that it had received a request from the CFTC for customer data, Ethereum commentator Eric Conner reported. Biden’s CFTC is subpoenaing customer info from @coinbase in their case against @Polymarket pic.twitter.com/YlCdUPwHs7 — eric.eth (@econoar) January 8, 2025 According to the exchange, the Commission issued a formal demand to disclose “general information” on […]

AI translated

ForkLog 43 05.12.2024

Crypto Founders Dominate a Third of Forbes 30 Under 30 Finance List

Nine out of 30 spots in the “Finance” category of the Forbes 30 Under 30 list for 2025 were claimed by founders of cryptocurrency companies. The ranking includes ten men and four women (some shared a spot). One of the most notable participants is Shane Coplan, founder of Polymarket. On November 5, ahead of the […]

AI translated

ForkLog 25 22.11.2024

France Restricts Access to Polymarket

French users have had their access to Polymarket restricted, with the prediction platform’s website now operating in “view-only” mode. This was reported by The Big Whale journalist Grégory Raymond. ? Info @TheBigWhale_ Comme nous le révélions il y a 2 semaines, @Polymarket n’est désormais plus accessible depuis la France ?? On ne peut plus placer […]

AI translated

ForkLog 12 14.11.2024

FBI Searches Polymarket CEO’s Apartment, Seizes Phone

On the morning of November 13, agents from the FBI conducted a search of Polymarket CEO Shayne Coplan’s apartment in Manhattan, USA. Authorities seized a phone and other electronics, according to a New York Post report citing a source. The head of the betting platform has not been arrested or charged, the publication noted. It’s […]

AI translated

ForkLog 31 12.11.2024

Polymarket Users Bet on Bitcoin Reaching $100,000 by November’s End

On November 11, the proportion of bets on Polymarket predicting that the price of the leading cryptocurrency will exceed $100,000 by the month’s end reached 57%.

AI translated

ForkLog 15 07.11.2024

French Regulator Scrutinizes Polymarket Over Massive Trump Bet

The French National Gambling Authority (ANJ) is examining the operations of the prediction platform Polymarket to assess its compliance with the country’s gambling laws, reports The Big Whale. According to the publication, the regulator’s attention was drawn by a French trader known as Theo4, who placed a bet exceeding $30 million on Donald Trump winning […]

AI translated

ForkLog 11 05.11.2024

Polymarket Users Wager Millions on Trump and Harris Victories

As the U.S. presidential election approaches, bets on the prediction platform Polymarket for various candidates have surged significantly. One user has wagered over $15 million on Donald Trump’s victory, with a potential payout of $24.7 million. This guy bet $15 million on Trump. Will he come out ahead? pic.twitter.com/DlzTcnQ1kP — Polymarket (@Polymarket) November 4, 2024 […]

AI translated

ForkLog 9 27.10.2024

Polymarket CEO Asserts Platform’s Non-Partisan Stance

Shayne Coplan, founder and CEO of Polymarket, has emphasized the “strict non-partisanship” of the decentralized prediction platform amidst the upcoming U.S. presidential elections. Given the latest New York Times article on Polymarket, this seems like a good time to make clear: • Polymarket is strictly non-partisan. We get told we’re Dem operatives and MAGA, depending […]

AI translated

ForkLog 55 10.10.2024

On-Chain Analysis Reveals Profitability of Polymarket Wallets

Only 13.6% of users on the prediction platform Polymarket have turned a profit, with most earning less than $100, according to data from Layerhub. In absolute terms, this equates to 24,565 wallets. Conversely, the betting activities of 156,010 clients, or 86.4% of the total audience, resulted in losses. Data: Layerhub. Among the addresses reporting profits, […]

AI translated

ForkLog 17 01.10.2024

Buterin Backs Polymarket’s Controversial Betting Section

Ethereum co-founder Vitalik Buterin has expressed support for the existence of bets related to “Hezbollah” on the decentralized prediction platform Polymarket. I support these existing. The point of polymarket is that from the perspective of traders it’s a betting site, but from the perspective of viewers it’s a news site. There’s all kinds of people […]

AI translated

#Polymarket