Polymarket Set For $10 Billion Valuation As US Relaunch Nears – Report
According to the latest reports, crypto-based prediction platform Polymarket is preparing for a new funding round that could see its valuation rise to $10 billion. This move to raise additional capital comes as the company prepares to relaunch in the United States. On September 3, Polymarket CEO Shayne Coplan revealed on the social media platform […]
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On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market valuation, according to the sources.
Report Claims Opensea Offered a $10 Billion Valuation
During the first week of November, the popular NFT marketplace Opensea surpassed $10 billion in all-time sales, according to statistics from dappradar.com. At the time of writing, dappradar.com....
Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe. New York-based decentralized prediction market Polymarket has come under investigations from the United States Commodity Futures Trading Commission (CFTC).According to an Oct. 23 report from Bloomberg citing anonymous sources, the CFTC is investigating whether Polymarket is allowing its customers to trade binary options and swaps that should be registered with the financial regulator. The CFTC is yet to confirm whether it is investigating Polymarket.A spokesperson for the platform stated:....
Polymarket, the largest crypto prediction market in the world, is under fire after bettors allegedly sent death threats to Times of Israel military reporter Emanuel Fabian. Related Reading: https://bitcoinist.com/crypto-bets-on-argentina-inflation-polymarket/ A Bombing Report Turned Into A Bombing Of Threats A routine war report from Emanuel Fabian for The Times of Israel on Monday triggered a bombarding […]
Polymarket, the world’s largest prediction market, is rolling out new safeguards against insider trading and manipulation. Polymarket’s Most Recent Bet The pressure generated from the growing scrutiny that prediction markets have come under as of late seems to have done the trick. Polymarket updated its rules on Monday and shortly after, Kalshi, its main competitor, […]
The online prediction marketplace, Polymarket, where users can bet with crypto, saw $1.1B in Superbowl bets yesterday. One person took home a tidy profit of $550K while another lost $718K. Polymarket demonstrates that crypto is trickling down to the masses who can use it for anything, including betting on their favorite football team. That’s why […]