A new academic study has found that Polymarket’s five-minute Bitcoin prediction contracts have created incentives for sophisticated traders to manipulate spot prices and profit at the expense of ordinary participants. According to researchers from Stanford University and Singapore Management University,…
Polymarket has been blocked in the Czech Republic after authorities classified the prediction market platform as an unlicensed gambling service, adding another European jurisdiction to the list of countries restricting its operations. The Czech Ministry of Finance has ordered internet…
Gondor has introduced a portfolio-backed margin account that allows Polymarket traders to borrow against their entire prediction market holdings instead of individual positions. According to Gondor’s announcement on Monday, the new product, called V1, uses a cross-margin system that evaluates…
Polymarket has filed three registration applications with the National Futures Association as it seeks to introduce margin trading for U.S. users. According to the National Futures Association’s BASIC database, Polymarket affiliate Coming Home GBA LLC submitted the applications through PM…
Polymarket has been sued in New York after two users alleged the prediction platform wrongly denied payouts on a Strategy Bitcoin market despite the company disclosing a Bitcoin sale in an SEC filing. According to a complaint filed in the…
South Korea has given Polymarket an opportunity to defend its operations before regulators decide whether to seek corrective action over concerns that the prediction market platform may violate the country’s gambling laws. The Broadcasting, Media and Communications Review Committee said…
South Korea has delayed any enforcement decision against Polymarket after giving the prediction market platform a chance to respond to concerns that its service may violate the country’s gambling laws. According to the Broadcasting, Media and Communications Review Committee, it…
Europe’s securities regulator has warned that prediction market contracts offered in the European Union could already fall under existing financial rules, potentially triggering a long-standing retail ban on binary options. According to the European Securities and Markets Authority (ESMA), firms…
Spotify has demanded that Kalshi remove its logo from the prediction market platform after manipulated streams influenced the settlement of a Spotify-based betting market. According to a Bloomberg report, Spotify has asked both Kalshi and Polymarket to remove its branding…
The biggest sporting event on Earth has become the biggest liquidity event in prediction market history. Billions in tournament volume, a $45 billion June across the sector, one very expensive longshot trap, and a CFTC probe arriving right on schedule.…