US charges Google employee with insider trading bets on Polymarket
In recent developments, the Justice Department and the CFTC allege that Google software engineer Michele Spagnuolo profited $1.2 million on Polymarket after accessing non-public information at work. Looking closer, market…
Report: Polymarket Pushes KYC on Crypto Traders as Geoblocking Gaps Draw Glob…
In recent developments, polymarket, one of the world’s largest prediction market platforms, is tightening its grip on anonymous access by pushing traders to complete identity verification, according to a May…
Spain Goes After Polymarket, Kalshi as Legal Fork Between US and EU Keeps Wid…
In recent developments, spain’s gambling watchdog opened sanctioning proceedings against Polymarket and Kalshi, ordering precautionary blocks on both platforms while it investigates whether the unlicensed operators violated the country’s gambling…
Indonesia Blocks Polymarket After Users Bet on Prabowo Leaving Office Before …
In recent developments, indonesia has blocked access to the crypto-based prediction market platform Polymarket after the site opened a betting market on whether President Prabowo Subianto would leave office before…
Indonesia blocks Polymarket after bets on president’s exit
In recent developments, indonesia blocked Polymarket after users bet on President Prabowo Subianto leaving office early, citing gambling concerns and expanding global scrutiny of prediction markets. Looking closer, market participants…
House Republicans Open Investigation Into Kalshi, Polymarket Over Insider Tra…
In recent developments, the chair of the powerful House Oversight Committee has requested documents from Polymarket and Kalshi regarding insider trading and war-related markets. Looking closer, market participants highlight key…
Polymarket Suffers $700K Breach After Internal Admin Wallet is Compromised
In recent developments, blockchain investigator ZachXBT first pointed to a possible hack, indicating that $520K were drained so far. Polymarket acknowledged the security event and stressed that it was taking…
Polymarket team says user funds safe as exploit losses climb above $600K
In recent developments, polymarket said user funds and market resolution were safe after a suspected private key compromise tied to top-up operations. Looking closer, market participants highlight key drivers such…
Polymarket seeks Japan entry despite gambling law hurdles: Report
In recent developments, polymarket is reportedly seeking entry into Japan amid falling trading volumes and rising regulatory scrutiny, targeting approval by 2030. Looking closer, market participants highlight key drivers such…
Polymarket Targets Japan Market Entry, Appoints Representative in Push for 20…
In recent developments, decentralized prediction market platform Polymarket has set its sights on Japan, appointing a local representative and launching a formal lobbying effort aimed at securing government authorization by…
Ethereum Foundation sacks 20% of workforce amid strategic restructuring
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