60% of World Cup bettors on Polymarket were first-time crypto users
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first time during their prediction market entry.
decrypt·
The prediction market seeks a valuation near double the $22 billion it hit last month, as a federal-state fight over regulation escalates.
Read full articlePolymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first time during their prediction market entry.
MemeCore M falls over 75% as traders question its $6B valuation, low volume, insider supply claims, and major exchange listings. MemeCore’s token, M, fell more than 75% in 24 hours, according to OKX data. It traded near $0.67436 after the sharp sell-off. The drop followed questions about MemeCore’s reported $6 billion valuation and low trading […] The post MemeCore Crash Sparks Questions Over Major Exchange Listings appeared first on Live Bitcoin News.
Hyperliquid price prediction 2026: HYPE hit a record near $77, but buybacks, unlocks, ETF demand and regulation decide if $100 is realistic.
Critics had questioned how MemeCore maintained a multi-billion dollar valuation despite insiders allegedly controlling 90% of supply.
The Commodity Futures Trading Commission (CFTC) sued Kentucky in federal court on June 23 to block the state’s crackdown on Kalshi and Polymarket – its ninth such suit since April, and the first against a state with a Republican attorney general. The first red state in the crosshairs The Commodity Futures Trading Commission filed a […]
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.
Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to obtain state licenses before operating. According to a filing submitted Tuesday in the U.S. District Court for the…
Kalshi's rapid valuation surge highlights potential market volatility and competitive pressures, raising questions about long-term sustainability. The post Kalshi in talks to raise funds at $40B valuation, nearly doubling in two months appeared first on Crypto Briefing.