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Polymarket is an American cryptocurrency-based prediction market, headquartered in Manhattan, New York City. Launched in 2020, it offers a platform where investors can place bets on various future events, including economic indicators , weather patterns, awards, as well as political and legislative outcomes.
Polymarket declined to comment for this story, but a person familiar with the company said it was unlikely the court ruling would result in any sites offering bets in the U.S. on the presidential ...
Polymarket has hired polling superstar Nate Silver and is now a must-read for politicos. ... prediction markets like Polymarket are more reliable than polls because people have a financial income ...
Polymarket has characterized the raid as politically motivated. A spokesperson declined to comment further. Even before the raid, I was curious about the future of prediction markets, especially ...
Prediction markets can be more accurate than polling when it comes to elections, a professor told Business Insider. There's over $606 million wagered on the 2024 election on Polymarket, favoring a ...
Polymarket's site says more than $3.6 billion was spent betting on the race, though users in the US weren't legally allowed to participate. "Nothing is as salient as the presidential election ...
The FBI has raided the home of Polymarket chief executive Shayne Coplan as part of an investigation into the crypto betting platform.. Federal law enforcement agents seized the 26-year-old CEO’s ...
The increased scrutiny of Polymarket comes after a trader revealed to be a French national bet $30 million on a win for Trump on the platform. The "whale" saw about $48 million in profits on the ...