Tom Waterhouse of Waterhouse VC suggests that prediction markets are expected to rival sports betting and open up new growth avenues for gambling operators.Prediction markets first gained widespread attention during the US elections in November 2024, when trading volumes surged. The key issue is wh
The online prediction market Polymarket in the United States has once again brought the Brazilian political situation into focus, attracting global users to bet on the country's political uncertainty. As the political fate of Alexandre de Moraes, a justice at Brazil's Supreme Federal Court (STF), an
In the summer of 2025, a campaign involving cryptocurrency marketing thoroughly disrupted the WNBA series, showcasing the complex intersection of digital assets, sports events, and prediction markets. Initially, it was just sporadic misconduct, but as the event unfolded, it evolved into a well-plann
The Australian Communications and Media Authority (ACMA) has directed internet service providers to block four additional illegal online gambling sites, including Slot Mafia, Top Aussie Pokies, Polymarket, and Spinanga. These platforms offer gambling services that violate the Interactive Gambling Ac
According to Reuters, citing sources familiar with the matter, the decentralized prediction market platform Polymarket is close to completing a funding round of up to $200 million. Once completed, the company's valuation will reach approximately $1 billion, officially entering the "unicorn" status.T
Driven by legal developments and the market's growing interest in predictive trading, the US event contracts trading platform Kalshi announced the completion of a $185 million Series C funding round, with a post-money valuation of $2 billion. This round was led by Paradigm, with participation from S
The American prediction market platform Kalshi recently completed a new Series C funding round, raising a substantial $185 million, which boosted its valuation to $2 billion, making it one of the most notable "unicorns" in the field. This funding round was led by Paradigm, a venture capital firm foc
The spot Solana ETF proposed by VanEck has recently been officially listed on the website of the Depository Trust & Clearing Corporation (DTCC) in the United States, which is seen as a strong signal that the U.S. Securities and Exchange Commission (SEC) is about to approve the ETF. Meanwhile, the co
Two companies jointly announced that Elon Musk's social platform X (formerly known as Twitter) has officially designated the crypto prediction platform Polymarket as its "official prediction market partner," and announced the launch of a comprehensive product that integrates real-time market data, s
Predicting the market is an open market that predicts specific outcomes through financial incentive mechanisms. These markets are trading markets established for betting on various event outcomes. Market prices can reflect the public's view of the probability of an event occurring.A typical predicti
Market OverviewThe prediction market can be divided into two main camps: non-sports and sports. The non-sports market is relatively underdeveloped, with multiple target areas: cryptocurrencies, political events, cultural events, etc.Polymarket is the undisputed leader in the non-sports market, main
Polymarket is a decentralized binary prediction market built on Polygon, where users can use USDC to place bets on any future events that have not yet occurred, including topics in business, politics, pop culture, sports, and more.After the outcome of the event is determined, the losing side will lo
Bet365 is a global product that ensures a secure channel for customer funds. Due to regulatory reasons in its home country, it is unable to completely detach from the banking system settlements, ultimately drawing a line with all non-judicial jurisdictions.More than two years ago, the author warned
The decentralized prediction market Polymarket has recently been embroiled in controversy due to a bet involving Trump and Ukraine mineral trade. The market has accumulated a trading volume of over 7 million USD, but the final settlement results, dominated by whale voting, have sparked intense comm
In recent days, the decentralized cryptocurrency 'casino', the prediction platform Polymarket and the contract exchange Hyperliquid, have revealed two significant vulnerabilities.Polymarket— The Will of the Community HijackedOn Polymarket, the market predicting the completion of a rare earth agre
Kansspelcommissie, the Gambling Authority of Belgium, has added Polymarket to its blacklist of illegal gambling websites as of 30 January 2025.Belgian news sources report that the Authority has determined Polymarket to be non-compliant with the Gambling Act of Belgium.Polymarket is reported to have
