📡 Polymarket has found itself at the center of a new scandal. According to the WSJ, the platform, through a contractor, funded the promotion of videos by bloggers, including Adin Ross, which discussed trading using insider information and market manipulation. The company stated that such activity is prohibited and promised to audit its advertising campaigns.
Read more🇯🇵 Prediction market platforms are gaining popularity in Japan. Local startups are bypassing the gambling ban by using virtual points instead of cash bets. For successful predictions, users receive gift cards and bonuses. The largest platform has already attracted around one million monthly users.
Read more🚨 Polymarket has confirmed a phishing attack. Due to the compromise of a third-party frontend component, attackers stole around $ 3 million from platform users. The company fixed the issue and said it is working on compensating the victims.
Read more🏟 Kalshi is entering the 2026 FIFA World Cup. The platform has partnered with ADI Predictstreet, the official prediction markets partner of the FIFA World Cup. The companies will jointly launch a product for the tournament and gain shared visibility across stadiums, broadcasts, and digital channels.
Read more🤝 Stake is expanding its ambassador team. Skateboarders Nyjah Huston and Chris Joslin, as well as UFC fighter Tracy Cortez, have become the new faces of the crypto casino. The financial terms of the deals were not disclosed.
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