Polymarket | ForkLog

ForkLog 30 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 […]

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ForkLog 20 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 […]

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ForkLog 14 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 […]

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ForkLog 129 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, […]

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ForkLog 28 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 […]

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ForkLog 8 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 203 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 41 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 40 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 26 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 42 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 23 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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