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Bitcoin Sale by Strategy Triggers $80M Polymarket Dispute

Bitcoin Sale by Strategy Triggers $80M Polymarket Dispute

Strategy's Bitcoin sale sparks controversy on Polymarket, affecting $80M in wagers. A final resolution is expected by June 2.

US Democrats Seek FTC Probe Into Prediction Markets

US Democrats Seek FTC Probe Into Prediction Markets

Nine House Democrats urge FTC to investigate prediction markets like Kalshi and Polymarket for alleged deceptive practices and regulatory evasion.

Polymarket Resolves Bitcoin Sale Dispute to 'No,' $80M in Bets at Stake

Polymarket Resolves Bitcoin Sale Dispute to 'No,' $80M in Bets at Stake

Polymarket ruled against MicroStrategy Bitcoin sale claims, sparking criticism of UMA's token-weighted dispute system. $80M in bets impacted.

South Korea Investigates Polymarket Users for Illegal Gambling

South Korea Investigates Polymarket Users for Illegal Gambling

South Korean police probe Polymarket users for alleged illegal gambling, marking the first enforcement action against decentralized prediction markets in the country.

Prediction Markets Need Balanced Insider Trading Rules, Study Says

Prediction Markets Need Balanced Insider Trading Rules, Study Says

New research suggests optimal enforcement of insider trading in prediction markets lies between extremes, as lawmakers and regulators target violations.

CFTC Proposes New Rules for Sports Prediction Markets

CFTC Proposes New Rules for Sports Prediction Markets

The CFTC's proposal could legitimize sports prediction markets while clarifying election contract regulations. Public comments open for 90 days.

Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating Unregistered Swaps

Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating Unregistered Swaps

Decentralized information markets platform Polymarket was imposed a civil fine of $1.4 million by the United States Commodity Futures Trading Commission (CTFC), failing to obtain a proper registration.

Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election

Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election

Taiwanese authorities warn against using cryptocurrency betting platforms for the January 2024 presidential election, amid ongoing investigations and multiple arrests.

Vitalik Buterin Highlights Polymarket's Prediction on Ethereum's Gas Fee Reduction

Vitalik Buterin Highlights Polymarket's Prediction on Ethereum's Gas Fee Reduction

Vitalik Buterin draws attention to predictions of lowered Ethereum gas fees post-EIP-4844, with market speculation suggesting major cost cuts.

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