The trader had bought the Yes side shares of the now-expired Polymarket-based betting contract “Will BTC hit $50,000 in February?”
‘Deniers Are Crypto’s Flat Earthers’ as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
Rollbit Recorded $38M in September Betting Revenues, RLB Token Climbs
Over 1.2% of the token’s supply was destroyed in line with plans, a co-founder said.
After GOP Debate, Blockchain Bettors See Ramaswamy as Most Formidable Trump Challenger
Betting lines didn’t change much as a result of Wednesday’s debate, but the Bitcoin-friendly entrepreneur has edged out Florida governor Ron Desantis this past week in the GOP’s race for second place.
Somalia bans Telegram and TikTok over misinformation
Somalia has shut down crypto-friendly messaging app Telegram and gambling site 1XBet, while cryptocurrency investments aren’t banned.
CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
The Commodity Futures Trading Commission will decide on June 26 whether to start a formal 90-day review of prediction market provider KalshiEX’s contract that allows users to bet on which party takes control of the U.S. Congress.
Gaming Studio Bitblox to Build On-Chain Games for $68B Online Gambling Industry
Bitblox Games will exclusively build crypto games on the Hxro Network, a Solana-based distributed liquidity layer for betting applications.
Former Coinbase CTO makes $2M bet on Bitcoin’s performance
Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States.
Spanish rehab center adds crypto trading addiction to services list
The rehabilitation center estimates that about 1% of cryptocurrency traders will develop an “extreme” addiction to crypto trading.
DraftKings Marketplace plans to launch gamified NFT collection next NFL season
DraftKings has partnered with the NFL Players Association to expand the offerings of its marketplace via gamified NFL player NFTs.
Exodus wallet integrates with SportX to enable esports betting with crypto
Cryptocurrency and smart contracts are redefining the future of online betting. Esports, meanwhile, represent a growing market for gambling.
The 2020 Elections Are Boosting Crypto Prediction Markets
Decentralized betting platforms like Polymarket and YieldWars are seeing accelerated trading volume growth leading up to the 2020 presidential election.
‘Maximum Pain’: Joe Lubin, Jimmy Song Strike $500K Crypto Bet on Ethereum’s Future
The terms of a much-hyped bet between Joe Lubin and Jimmy Song have finally been settled – and a lot of money is on the line.
Augur Is Live: Decentralized Prediction Market Launches After 2-Year Beta
A platform for creating decentralized prediction markets, which held one of the first-ever ICOs, has gone live. Finally.