Polymarket has exploded as the go-to prediction market platform, with billions in volume and sharp traders making consistent edges on…Continue reading on Medium » Read full article
Polygon is acquiring Coinme and Sequence in deals totaling over $250 million to build a regulated, end-to-end onchain payments stack in the U.S.The move gives Polygon licensed fiat on/off-ramps across 48 states, 50,000+ retail access points, and seamless… Read full article
The deal closed quietly, the way big moves often do in this space, a late-night term sheet, a few knowing nods at a Mumbai investor dinner…Continue reading on Medium » Read full article
The network’s developer arm, Polygon Labs, has agreed to acquire U.S.-based crypto payments firm Coinme and wallet infrastructure provider Sequence in transactions valued at more than $250 million, according to Fortune.
Key takeaways
Polygon is expanding from blockchain infrastructure into… Read full article
Polygon Labs has acquired U.S.-based crypto firms Coinme and Sequence in a deal valued at more than $250 million, signaling a sharp pivot toward regulated onchain payments infrastructure. Polygon Labs Sets Sights on Banks and Fintechs Polygon Labs disclosed Tuesday… Read full article
Ukrainian regulators have now classified Polymarket as an unlicensed gambling service.
The platform processed over $270 million in bets tied specifically to the Russian invasion of Ukraine.
Global pressure is mounting as more countries ban the decentralised platform.
Polygon Labs CEO Marc Boiron told Cointelegraph that the acquisitions position the network as a regulated payments platform built to move stablecoins onchain at scale. Read full article
Prediction markets thrive on uncertainty. But in countries at war, uncertainty itself can become a national security issue.
That tension is now playing out in Ukraine, where authorities have moved to curb access to online platforms that allow users to… Read full article
The move adds Ukraine to a growing list of countries, including France, Germany, the UK, Italy, Poland, Thailand and Australia, where Polymarket is already restricted. Read full article
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