Polymarket Partners with Moonpay to Enhance Payment Options
MoonPay’s integration with Polymarket allows bettors to wager funds from non-crypto vendors. Popular cryptocurrency betting site Polymarket is updating its system to manage the increase in bets brought on by the recent online excitement and the turbulent U.S. presidential election. Soon, customers can pay for bets using credit cards and bank transfers through Polymarket’s relationship […]
Biden’s Dropout Odds Reach 63% on Polymarket
Polymarket users now bet a 55% chance of President Biden dropping out of the race, up from 19% pre-debate and peaking at 63% post-debate. Users are placing bets on a 55% likelihood that President Biden will withdraw from the presidential campaign, as per the crypto prediction platform Polymarket. This substantial increase in odds is particularly […]
Polymarket, a decentralised prediction tool, is purportedly being investigated by the CFTC
The US Commodity Futures Trading Commission is investigating Polymarket, a decentralised prediction market located in New York (CFTC). The CFTC is examining whether Polymarket is enabling its users to trade binary options and swaps that should be registered with the financial authority, according to a Bloomberg storey citing unnamed sources on Oct. 23. The CFTC […]