home.social

#cryptobetting — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #cryptobetting, aggregated by home.social.

  1. Polymarket Lures Bettors With Highest 4% Yield Amid Kalshi’s Weekly Volume Surge - Polymarket has introduced a new incentive for prediction market participants, offe... - cryptonews.com/news/polymarket #blockchainnews #cryptobetting #polymarket #kalshi #news

  2. Robinhood Sues Nevada, New Jersey Regulators Over Event Contracts - Robinhood Derivatives has taken legal action against regulators in Nevada and New Jersey,... - cryptonews.com/news/robinhood- #cryptoregulationnews #cryptobetting #regulation #robinhood

  3. Prediction Market Kalshi Sues Nevada and New Jersey Over Sports Contract Ban - Prediction market operator Kalshi has filed a lawsuit against the Nevada Gaming Control B... - cryptonews.com/news/prediction #cryptobetting #altcoinnews #regulation

  4. "The meteoric rise of the crypto betting platform Polymarket, the billions of dollars placed in bets on the outcome of the United States presidential election, and rumors of market manipulation and other malfeasance seem to have culminated in various investigations against the platform.

    One, from France’s gambling regulator, seeks to “examin[e] [Polymarket’s] operation and compliance with French gambling legislation”. French law requires gambling platforms to register with and submit to oversight from the country’s gambling authority, as well as pay rather hefty taxes. Polymarket has not done any of these things, and so is likely to be shut down in the country. Although France’s gambling regulator has reportedly been eyeing the platform for a while now, the headline-making bets on a Donald Trump win from a trader who claims to be French [I69] may have hastened things along.

    Over in the US, the FBI raided the apartment of Polymarket CEO Shayne Coplan on November 13. Although Polymarket is based in the United States, it is not meant to be available to US-based bettors following a 2022 wind-down order (and fine) from the CFTC [W3IGG]. However, Polymarket — like many crypto platforms — does the bare minimum to pretend they’re putting in effort to prevent prohibited users from using the platform. If a person tries to place bets while connected from an IP address that geolocates to the United States, the site prevents them from doing so. However, IP-based location spoofing is an incredibly easy task, and many Americans have been using this technique to gain access to betting on the site."

    citationneeded.news/issue-70/

    #Crypto #Cryptocurrencies #Cryptobetting #Polymarket #USA #Trump

  5. FBI Agents Raid Manhattan House of Polymarket CEO, Sources Suspect Political Retribution - FBI agents have reportedly seized Polymarket CEO Shayne Coplan’s phone and electr... - cryptonews.com/news/fbi-agents #blockchainnews #cryptobetting #polymarket

  6. French Gambling Regulator Likely to Ban Polymarket: Report - The National Gambling Authority of France (ANJ), the nation’s gambling regulator, is rep... - cryptonews.com/news/french-gam #blockchainnews #cryptobetting #polymarket #france

  7. Polymarket offers crypto powered betting in sports, business, science, politics and more. Gee what could go wrong?

    Users have spent more than $2.7 billion placing bets on the USA presidential election - presumably these are bets by non US citizens, as Polymarket is illegal in the USA.

    Crypto betting insiders estimate as much as 30% of pro-Trump bets thought to be fake trades. #crypto #polymarket #election #marketmanipulation #cryptobetting #gambling #politicalgambling

  8. Over 87% of Polymarket Crypto Wallets Did Not Make a Profit, Layerhub Data Reveals - The majority of users on the decentralized prediction market Polymarket have not been ab... - cryptonews.com/news/over-87-of #cryptobetting #altcoinnews #polymarket #bitcoin

  9. Bitcoin Betting Is Launching an Unstoppable DeFi App for Sports Betting and Prediction Markets With No KYC - Bitcoin Betting is launching its cutting-edge DeFi app, designed for sports bettin... - news.bitcoin.com/bitcoin-betti #predictionmarkets #brandedspotlight #bitcoinbetting #cryptobetting

  10. CFTC Warns Polymarket and Other Offshore Crypto Betting Platforms of Enforcement Actions - The U.S. Commodity Futures Trading Commission (CFTC) has warned Polymarket and other off... - cryptonews.com/news/cftc-warns #cryptobetting #altcoinnews #polymarket #cftc

  11. Crypto-friendly Rep. Ritchie Torres Urges CFTC to Regulate Election Markets Following Setback - Crypto-friendly lawmaker Rep. Ritchie Torres has called on the U.S. Commodity Futures Tr... - cryptonews.com/news/crypto-fri #blockchainnews #cryptobetting #uselection #kalshi #news

  12. Polymarket Betting to Get Expensive? CEO Shayne Coplan Considers Charging Commissions - Polymarket CEO Shayne Coplan has hinted at the potential introduction of commissio... - cryptonews.com/news/polymarket #cryptobetting #altcoinnews #polymarket

  13. Polymarket Hits $1 Billion in All-Time Trading Volume, One-Third in Last 30 Days - Crypto betting platform Polymarket has surpassed $1 billion in trading volume, wit... - cryptonews.com/news/polymarket #cryptobetting #altcoinnews #polymarket

  14. Super Bowl 58 Wagers Heat up — 49ers Lead as Crypto Betting Markets Favor Their Victory - In just under two weeks, the National Football League (NFL) champions of the Ameri... - news.bitcoin.com/super-bowl-58 #cryptocurrency #luckyblock.com #superbowllviii #cryptobetting #superbowl58 #polymarket #stake.com #crypto #news

  15. Super Bowl 58 Wagers Heat up — 49ers Lead as Crypto Betting Markets Favor Their Victory - In just under two weeks, the National Football League (NFL) champions of the Ameri... - news.bitcoin.com/super-bowl-58 #cryptocurrency #luckyblock.com #superbowllviii #cryptobetting #superbowl58 #polymarket #stake.com #crypto #news

  16. Super Bowl 58 Wagers Heat up — 49ers Lead as Crypto Betting Markets Favor Their Victory - In just under two weeks, the National Football League (NFL) champions of the Ameri... - news.bitcoin.com/super-bowl-58 #cryptocurrency #luckyblock.com #superbowllviii #cryptobetting #superbowl58 #polymarket #stake.com #crypto #news

  17. Crypto Betting Platform Stake.com Comfirms Hacking Incident, Over $40 Million Worth of Assets Stolen - Crypto betting platform Stake.com confirmed on Sept. 4 that an unknown entity had ... - news.bitcoin.com/crypto-bettin #cryptobetting #digitalassets #cryptocasino #hotwallet #stake.com #drake #news