News
Polymarket’s Trump/Ukraine mineral deal bet sparked a backlash as a whale-controlled vote settled it incorrectly, raising concerns over manipulation and governance risks.
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Betting News
Betting is an activity of predicting the results of some event and trying to get an income by placing a wager on it. Betting is especially popular in sports and politics. Betting is performed with various types of money. Bitcoin betting is one of emerging types of placing wages that is gathering popularity among cryptocurrency enthusiasts. Providers of betting platforms are largely dependent on being trusted by consumers. Blockchain sports betting platforms are one of the options to improve the credibility of betting providers. The sustainability of information to being changed post factum and transparency of peer-to-peer betting system is a promising adjustment for current platforms. Blockchain betting platforms already have several startups like Wagerr.com, Gron Digital and HEROcoin — an Ethereum-based betting system.
- News
Brokerage firm Robinhood is partnering with Kalshi to launch an event contract platform.
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Nebraska legislators heard testimony on Legislative Resolution 20CA, a proposed constitutional amendment that could allow Nebraskans to vote on legalized online sports betting in the state.
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The partnership reflects a broader push by Kalshi to integrate its event contracts into brokerage platforms.
2609 - Market Analysis
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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Robinhood Derivatives has halted its Super Bowl betting after already rolling out the product to 1% of its customers after its Feb. 4 launch.
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The US commodities regulator is investigating Super Bowl markets offered by Crypto.com and reportedly Kalshi, asking them how they comply with derivatives rules.
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Polymarket faces backlash after resolving a TikTok ban prediction market to "Yes," sparking user outrage over manipulation allegations and questions about its dispute resolution process.
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Kalshi bettors put the odds of Trump creating a Bitcoin reserve in 2026 at roughly 70%.
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Thailand’s SEC is reviewing spot Bitcoin ETF listings and stablecoin proposals, while the government is cracking down on Polymarket for alleged illegal gambling activities.
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The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports.
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Singapore-based users claim that Polymarket has been blocked, citing the Gambling Control Act 2022, which prohibits betting with unlicensed operators.
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Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket.
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Canadian Prime Minister Justin Trudeau announced his resignation at a Jan. 6 press conference.
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Matthew Sigel described Polymarket’s 77% projected odds of a US SOL ETF listing in 2025 as “underpriced.”
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