Polymarket


Markets

Biggest Loser of NYC Election Polymarket Contract Is Down Almost $1M Betting Against Mamdani

‘fuxfux007’ lost nearly $969,169 making a bold bet against New York City mayoral candidate Zohran Mandami.

Zohran Mamdani at the Resist Fascism Rally in Bryant Park on Oct 27th 2024 (Wikimedia Commons)

Markets

Analysis: Prediction Market Bettors Miscalculated Dutch Election Results

Both Polymarket and Kalshi traders ignored late polls showing D66 gaining ground, keeping Geert Wilders’ PVV priced as a sure thing until exit polls forced a repricing that erased millions in misplaced bets.

Netherlands flag. (Flickr)

Markets

Blockchain-Based Polymarket Eyes U.S. Comeback by November: BBG

Polymarket previously announced it would launch a token and had acquired a CFTC-registered entity.

(istrfry/Unsplash)

Markets

Polymarket Will Launch Token and Airdrop After U.S. Relaunch, CMO Says

"There will be a token, there will be an airdrop," CMO said as the platform nears an official U.S. return via a regulated exchange.

Polymarket founder and CEO Shayne Coplan (Michael M. Santiago/Getty Images)

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Finance

Polymarket Seeks Investment at Valuation of $12B-$15B: Bloomberg

That level would mark a more than 10-fold increase since June, when Polymarket raised $200 million at a $1 billion valuation.


Markets

NHL Opens Door to Prediction Markets in Landmark Deals With Kalshi, Polymarket: WSJ

The league's first-ever licensing agreements with non-sportsbook platforms mark a shift in pro sports’ embrace of event-based derivatives.

(Scott Taetsch/Getty Images)

Markets

Prediction Markets Say Government Shutdown Will be Record-Setting: Asia Morning Briefing

Kalshi and Polymarket are pricing in a shutdown that lasts over 40 days.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Markets

Norwegian Officials Probe Major Polymarket Bets on Nobel Peace Winner

A trader with a new account and no prior betting history placed a $70,000 bet on Venezuelan opposition leader Maria Corina Machado winning the prize.

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Markets

Asia Morning Briefing: Polymarket’s POLY Could Bring Oracle's Home

Whale-led manipulation and disputed rulings have shaken trust in UMA’s oracle. POLY could mark Polymarket’s move to reclaim control of how truth is decided on-chain.

Polymarket CEO Shayne Coplan (Polymarket)

Finance

Shayne Coplan Becomes Youngest Self-Made Billionaire After Polymarket's $2B Investment: BBG

Shayne Coplan’s net worth reportedly passed $1 billion after the New York Stock Exchange's owner valued Polymarket at $8 billion.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)