Young Australians feel they could have made a bigger dent in their property goals if they had invested in cryptocurrency 10 years ago, and now they’re locked out. Over 40% of Australian Gen Z and Millennials say they regret not investing in cryptocurrency a decade ago, with a new survey from Australian crypto broker Swyftx suggesting they see it as one of the biggest missed opportunities of the last 10 years. The study, conducted by YouGov and released on Thursday, surveyed 3,009 people, finding that almost half of the under-35s surveyed regret missing the crypto boat. This was followed by regret not buying property, and not buying shares in Big Tech companies such as Apple and Amazon. Read more
Polymarket will act as a clearinghouse for DraftKings’ upcoming prediction market platform, following its acquisition of Railbird earlier this week. American sports betting platform DraftKings is tapping Polymarket as the clearinghouse for its new prediction market, an industry that clocks over $4 billion in monthly trading volume. “Congrats to DraftKings on their acquisition of Railbird. We’re proud for Polymarket Clearing to be their designated clearinghouse as they enter the prediction market space,” Polymarket CEO Shayne Coplan said in an X post on Wednesday. Railbird is a Commodity Futures Trading Commission-regulated predictions market platform, which DraftKings acquired for an undisclosed amount on Tuesday. Read more