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Tag: POLY

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Polygon Dominates Latam: How the Network Processed $309 Million in Stablecoins Last Month
Sandeep Nailwal, co-founder of the Polygon Foundation, stressed that the network managed over $300 million in stablecoins from emerging markets in May. He also highlighted that the growth of non-dollar stablecoins has reached 16x over the last 6 years, and… Read full article
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Why Polygon’s 7.95M transactions surge could fuel POL’s next rally
Can Polygon's network activity help its price hit $0.095 in the short-term.? Read full article
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Polymarket Faces Fraud Accusations and Legal Action Over $118 Million MicroStrategy Bitcoin Bet
Prediction markets are supposed to be trustless. The rules are written, the money goes in, and the outcome speaks for itself.

But a disputed resolution on Polymarket is now testing that premise in a very public and very expensive way,… Read full article
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Polymarket Settles MicroStrategy Bitcoin Sale Market as "No"
On Thursday, Polymarket handed its critics the sharpest argument yet.

A governance vote coordinated through UMA has settled a heavily traded market as "No", meaning MicroStrategy did not sell Bitcoin by May 31, even though Strategy's own SEC filing confirms… Read full article
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‘Stop Lawmakers From Predicting’: GOP Bill Targets Congress Betting on Kalshi and Polymarket
Republican Rep. Bryan Steil has introduced the Stop Lawmakers from Predicting Act, a bill that would bar House members, their spouses and their children from wagering on political and policy outcomes via prediction markets. A New Line Between Lawmaking and… Read full article
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Bitbank Warns Polymarket Users of Account Freezes since Japan Tightens Prediction Market Scrutiny
Key Takeaways:

Bitbank cautioned users that their prediction market associated transactions could lead to customer suspension.The exchange particularly mentioned the services provided by Polymarket and other gambling-like sites.Suspended users may not be able to trade, withdraw money, deposit money or… Read full article
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Report: Charles Schwab Targets Kalshi and Polymarket Territory With New Cboe Deal
Charles Schwab is moving into prediction markets, but only on its own terms. The brokerage Charles Schwab has reportedly partnered with Cboe Global Markets to offer binary-style options contracts tied to the S&P 500, according to a Wall Street Journal… Read full article
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