Polymarket ‘whale’ who bet on Trump raked in $48M in profits
A French “whale” who bet $30 million on President Trump’s victory through Polymarket collected $48 million in profits on that bet, according to the crypto-based betting platform. The anonymous bettor, known as Theo, controls four separate accounts on the platform, each betting on Trump's victory in the Electoral College and popular vote and giving some […]
Polymarket paying US-based influencers to promote election betting
According to the report, Polymarket pays U.S.-based social media influencers to place election bets on the site, despite federal regulators banning Americans from betting on the platform. It is said that it is advertising. Armand Saramout, Polymarket's senior director of growth, sent an offer to popular social media influencers in September to approach them for […]
Polygon-based Polymarket hits $2 billion in volumes after bets on ‘Satoshi’ – AMBCrypto News
All-time high at Polymarket exceeds $2 billion Despite the growth, POL recorded a 10% decline in 7 days Blockchain-based betting site Polymarket has seen a rapid increase in user activity and transactions over the past few months. In fact, Polymarket's all-time high trading volume is now over $2 billion, according to Dune Analytics, and this […]
Nate Silver joins prediction market Polymarket as advisor
Political analyst Nate Silver will join the oversight board of prediction market PolyMarkets. Announced on Tuesday. Silver founded 538 in 2008 and left the political news and predictions site and its parent company ABC in 2023. PolyMarket is the largest prediction market in the country. It is a system that allows users to buy shares […]