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CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Million, Shuts Down Noncompliant Markets
4.1.2022
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based...
CFTC reportedly investigating decentralized prediction platform Polymarket
25.10.2021
Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe
Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project
17.7.2021
On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based...
Election Bets Drive Fee Spike at Predictions Platform Polymarket
5.11.2020
Amid the election excitement, decentralized predictions site Polymarket has become the fourth-highest blockchain project by fees generated
Predictions Platform Polymarket Raises $4M From Polychain, Naval Ravikant and More
21.10.2020
The decentralized information marketplace, currently in beta, said the investment will help it improve the user experience
Crypto prediction markets turn against Trump after first debate
1.10.2020
Emerging Ethereum-powered predictions platform Polymarket produced six-figure volume amid the first presidential debates