5 articles tagged with "Polymarket"
Big traders often have an advantage in prediction markets, leaving average investors at a disadvantage. Understanding these dynamics is essential for informed participation.
In light of 500,000 fake streams that influenced a $3 million music betting market, Spotify has asked Kalshi and Polymarket to eliminate its branding from their platforms.
In June, the combined trading volume of Kalshi and Polymarket surged by 75% to reach $45 billion, with Kalshi experiencing a notable increase of 87.4%.
Polymarket has updated the amount of its recent hack to $3.1 million, just days after assuring users of full refunds. The platform is also facing scrutiny for potential deceptive marketing practices.
A recent Wall Street Journal investigation reveals that Polymarket has been compensating individuals to produce misleading videos of fake betting wins, raising concerns about online betting authenticity.