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Hackers infiltrated Polymarket’s website via a compromised third-party vendor, the company said, swiping millions in crypto from users.
Read full articlePolymarket's deceptive marketing could trigger regulatory crackdowns, undermining trust in crypto prediction markets and affecting industry legitimacy. The post Polymarket faces scrutiny over deceptive promotional videos featuring fake trades and fabricated winnings appeared first on Crypto Briefing.
The CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
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.
Polymarket's pUSD growth highlights the increasing integration of stablecoins in decentralized finance, impacting liquidity and market dynamics. The post Polymarket’s pUSD surpasses $500M in market value as platform overhaul gains traction appeared first on Crypto Briefing.
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 […]
Federal prosecutors are warning that fake government agents are pressuring victims into crypto ATMs, wire transfers, and cash handoffs. Reported losses reached $917 million, with scammers using spoofed calls, fake badges, and urgent threats to make people believe their money is at risk. Fake Federal Agents Turn Urgent Calls Into Financial Traps Government imposter scams […]
The rise in crypto-based betting highlights blockchain's growing role in sports, but regulatory challenges could impact its future expansion. The post Polymarket sees $329K in volume as bettors wager crypto on Paraguay vs Australia World Cup clash appeared first on Crypto Briefing.
Meta's Arena app could reshape the prediction market landscape, potentially impacting existing platforms and signaling tech trends. The post Meta plans AI-powered prediction market app Arena to rival Kalshi and Polymarket appeared first on Crypto Briefing.
