Polymarket | ForkLog

ForkLog 6 24.09.2024

Polymarket Seeks $50 Million Funding and Considers Token Launch

The decentralized prediction market platform Polymarket aims to raise $50 million and is contemplating a token issuance, according to The Information, citing its own sources.

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ForkLog 67 13.09.2024

What is Polymarket?

An explainer on Polymarket: how it works, how it is evolving, and who it competes with.

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ForkLog 17 03.09.2024

Polymarket Joins Bloomberg Terminal

Shayne Coplan, the founder of Polymarket, announced the integration of the decentralized prediction platform into Bloomberg’s computer system.

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ForkLog 21 29.08.2024

Prediction Platform BET on Solana Surpasses Polymarket in Trading Volume

On August 29, the daily betting volume on the prediction platform BET, operating on the Solana blockchain, reached $23.3 million, according to Dune Analytics. Data: Dune Analytics. The graph above illustrates the rapid rise of this metric. For comparison, the cumulative figure, excluding the last reported day, was $3.28 million. In terms of daily trading […]

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ForkLog 16 20.08.2024

Solana Network Launches Prediction Market

The team behind the perpetual contracts trading protocol on Solana, known as Drift, has launched the BET prediction platform. Today, we’re launching BET on Drift — the first capital efficient prediction markets on @Solana @DriftProtocol Here’s why, and why now: A prediction market is not only a natural extension of trading — it’s the future […]

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ForkLog 15 23.07.2024

Kamala Harris Meme Coin Reaches New Heights

On July 23, the meme token Kamala Horris (KAMA), dedicated to the Democratic Party’s presidential candidate Kamala Harris, surged by 62%, reaching a new price record of $0.02821. According to CoinGecko, the coin’s market capitalization is approximately $27 million. Since its low on June 18, KAMA has risen nearly 4000%, following the withdrawal of current […]

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ForkLog 6 23.07.2024

Polymarket Transactions Surge to Record $228 Million

Since the beginning of July, transactions on Polymarket have surged to $228 million, surpassing any other month in the history of the prediction platform. This data is provided by Dune Analytics. For comparison, the figure for June was $111.6 million. Data: Dune Analytics. The platform registered a record 41,348 users over the month. Data: Dune […]

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ForkLog 23 19.06.2024

Taiwanese Citizen Charged for Betting on Polymarket Crypto Platform

Prosecutors in Taiwan have charged a citizen named Chen for placing cryptocurrency bets on the outcomes of the country’s January elections via the prediction platform Polymarket, as reported by local media. According to the case details, Chen wagered 472.17 USDC on the victory of Taiwan People’s Party presidential candidate Ko Wen-je and $60.19 on the […]

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ForkLog 81 10.01.2024

Polymarket Users Lower Bitcoin ETF Approval Odds to 84%

Prediction platform Polymarket’s odds suggest an 84% chance of a spot Bitcoin ETF being approved by January 15. Traders have wagered $8.23 million on this outcome. In the past 24 hours, the probability has decreased by 5%. On January 10, it momentarily reached 100%. The lower boundary of fluctuations over the past week was 78%. […]

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ForkLog 19 05.01.2022

CFTC fines DeFi platform Polymarket $1.4 million

The U.S. Commodity Futures Trading Commission (CFTC) fined the Polymarket prediction platform $1.4 million for operating over-the-counter binary options trading without proper registration.

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ForkLog 5 24.10.2021

Bloomberg: CFTC opens probe into Polymarket

The U.S. Commodity Futures Trading Commission (CFTC) is examining whether the Polymarket prediction platform allowed violations by offering clients swaps and binary options, and whether the company should register with the agency.

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ForkLog 13 21.10.2020

Polymarket prediction platform raises $4m with Polychain Capital backing

Polymarket's prediction platform with AMM technology raised $4m in a funding round led by Polychain Capital.

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#Polymarket