With investigations from two major US agencies now reportedly closed, Polymarket has reached a critical regulatory milestone ahead of its $200 million funding round.
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Betting platform Polymarket is reportedly set to be valued at $1 billion in a $200 million raise led by Peter Thiel’s Founders Fund.
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Crypto betting platform Stake reportedly had revenue of $4.7 billion in 2024, rivaling traditional betting platforms.
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DeFi and CeFi campaigns are far more effective at reaching existing crypto users than crypto gaming and gambling campaigns, recent data shows.
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ZKasino’s exploit wallet lost $27 million in Ether after a leveraged position was liquidated, as investors remain empty-handed nearly a year later.
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Gambling company DraftKings has agreed to pay a $10 million settlement to a group of NFT buyers that accused it of selling unregistered securities.
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Buterin said online critics have painted Ethereum as bad because it hasn’t welcomed casinos to the blockchain.
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The Slovakia Gambling Regulatory Authority has revealed a report showing the gambling habits of Slovaks for 2024.
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Crypto-based prediction markets, casinos and sports betting are reshaping the iGaming sector while generating billions of dollars in trading volume.
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Former Thai PM Thaksin Shinawatra urges stablecoin adoption and online gambling legalization to boost Thailand’s revenue and innovation.
8856 - Investigation
Blockchain casino project Mpeppe launched a claim portal for users to receive 25% of tokens owed, but users say they can’t sell because there is no liquidity.
2655 - Follow up
Predictions markets had an edge on the polls in the 2024 US election, but are they actually helping pundits predict the future?
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The CFTC says a federal court judge “mistakenly erred” when it allowed betting market Kalshi to list event contracts for the 2024 US elections.
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Only 12.7% of Polymarket users have made profits in the prediction market, with most earning less than $100, according to onchain data.
8559 - Follow up
While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools.
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