Polymarket is a topic tracked in our intelligence system with 5 linked articles.
Crypto.com and prediction-market operator Novig have sued Missouri over cease-and-desist orders targeting their sports event contracts, while fellow targets Kalshi, Polymarket, Robinhood, and Underdog have not (yet) filed suits, per court records.
Over $600 million in Polymarket trades occurred on already-decided Ethiopia and Romania election contracts, with an expert calling it obvious volume manipulation — a red flag for anyone using platform volume metrics in crypto/web3 due diligence.
Gemini and Apex sign a non-binding LOI to distribute crypto prediction markets with Gemini Titan acting as the exclusive regulated venue for crypto event contracts distributed through Apex’s FCM to its brokerage clients, though terms are not finalized.
Bitcoin posted the largest USD weekly gain on record (about $14.3k to $77.4k) as ETF inflows and regulatory signals bolster the bull case, per Strive’s CEO who sees the strongest cycle yet.
JPMorgan cut Polymarket’s banking ties in October, Polymarket moved its accounts to an unidentified lender, but JPMorgan reportedly still seeks a role in a potential IPO per FT.
Baltimore sues Kalshi and Polymarket and roping Coinbase, Robinhood, and Webull into the fight over alleged illegal sports betting.
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