Polymarket to Refund Users After Scammers Swipe Millions in Website Exploit
Hackers infiltrated Polymarket’s website via a compromised third-party vendor, the company said, swiping millions in crypto from users.
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Hackers infiltrated Polymarket’s website via a compromised third-party vendor, the company said, swiping millions in crypto from users.
Spain is the latest country to clamp down on the rising use of prediction market platforms like Polymarket and Kalshi.
A U.S. soldier charged with using classified military intelligence to bet on Polymarket failed to pass Kalshi's KYC procedures.
Sterling Crispin's 'Nothing Ever Happens' bot automatically buys "No" on every non-sports Polymarket it finds. It's not that crazy.
A trio of accounts on Polymarket made more than $600,000 on U.S./Iran ceasefire markets, drawing attention as potential insiders.
Polymarket is overhauling its technical foundations and launching a stablecoin as it aims to improve the user experience and order book.
Leading prediction market platforms Polymarket and Kalshi are taking new steps to try and counter insider trading.
Polymarket will work with Palantir on developing systems for rooting out insider trading and manipulation in sports prediction markets.
A federal judge has sent Nevada’s cases against Kalshi and Polymarket back to state court, allowing regulators to seek temporary injunctions.
Global trading firm Jump will score stakes in prediction market platforms Kalshi and Polymarket for its market-making services, per a report.
The Ethereum founder claims his strategy of betting against extreme market sentiment "usually makes money" on Polymarket.
Crypto majors were slightly red, with BTC down 1% at $86,600 and ETH down 1% at $2,910, while BNB gained 1% to $856 and SOL held steady at $136. Among top movers, MON (+24%), SPX (+13%), and IP (+7%) led the market. In policy and institutional developments, Texas launched its Bitcoin reserve with a $5 million purchase of BlackRock’s IBIT ETF, marking the first deployment of its approved $10 million BTC budget. U.S. Bank completed a test of issuing a proprietary stablecoin on the Stellar network, and MoonPay secured a New York trust charter, joining firms like Coinbase and Ripple to expand institutional custody and service capabilities. Polymarket received CFTC approval to reenter the U.S., enabling it to onboard domestic users, brokers, and intermediaries, while Kalshi was blocked in Nevad…
Crypto markets turned red, with major tokens falling sharply — Bitcoin dropped 3% to $99,800, Ethereum slipped 4% to $3,210, Binance Coin declined 1% to $933, and Solana fell 3% to $152. Among top movers, Filecoin surged 50%, Zcash gained 20%, Internet Computer rose 20%, and NEAR Protocol climbed 18%. Crypto-related stocks also tumbled yesterday, with MicroStrategy down 7%, Coinbase off 7.5%, Robinhood losing 11%, and Iris Energy dropping 11%. Meanwhile, Donald Trump reaffirmed his pro-crypto stance, calling America a “Bitcoin superpower” and warning of competition from China, according to CoinDesk. JPMorgan estimated Bitcoin’s fair value near $170,000 using a gold-based model, while Google announced plans to integrate prediction market data from Polymarket and Kalshi. Tether purchased $97…
The two companies struck an agreement to create a product that will explain market moves, combining data from X posts, event contracts from Polymarket and xAI’s chatbot, Grok.
You’re all caught up.