#polymarket

#polymarket

A staggering 84.1% of all Polymarket traders are currently in the red, revealing a significant gap between market hype and actual earnings. High-profile wins are extreme outliers, with only 2% of users accumulating more than $1,000 in total profit.

Seth Moulton described Polymarket's acceptance of bets on the downed pilots' fate as DISGUSTING, emphasizing that their safety was unknown while people were betting on their rescue.

Polymarket's new collateral token, Polymarket USD, is designed specifically for the platform, functioning like a wrapped stablecoin and backed 1:1 by USDC. This change eliminates reliance on Polygon's bridged USDC.e, allowing Polymarket to have direct control over its prediction market outcome tokens.

The market on the platform, which has since been deleted, allowed users to wager on what day the pilots would be rescued. President Donald Trump confirmed on social media on Sunday that the service member who went missing had been saved.

Intercontinental Exchange has completed a $600 million direct cash investment in prediction market platform Polymarket as part of a broader equity fundraising round. This investment follows ICE's previously disclosed $1 billion commitment made in October 2025, fulfilling its obligations under the investment agreement.

"Strong evidence this is a takeover of Proper 21 on K Street," wrote Jessica Sidman, food editor of Washingtonian, on X. "The rendering looks like the interior of the Barcode without the booths," another person suggested.

"This is a state enforcement action," the filing states, describing how regulators sued Polymarket for offering sports and event-based betting in Nevada without complying with licensing rules.

One trader has made close to $1 million through Polymarket since 2024 after making dozens of accurate five-figure bets on actions that the U.S. and Israel militaries had taken against Iran.

Kalshi's valuation comes as the company trades punches with Polymarket in a heavyweight duel for the top spot in the prediction market industry. Earlier in March, both companies were reportedly eyeing valuations of $20 billion each.

The marketing stunt has been launched by Polymarket, a company that has made a name for itself by letting people bet on real-life occurrences, like celebrity news and political events. The Polymarket grocery is scheduled to open on February 12, with passersby able to walk in and pick up groceries without shelling out cash. The idea is that a fully-stocked market won't require any purchase from New Yorkers to access groceries inside the store.

Polymarket, the cryptocurrency-based prediction market, announced on Tuesday it would be opening New York City's first free grocery store, seemingly a nod to the mayor's signature policy. In a statement the firm said it hoped to empower every New Yorker to achieve food security for good, and that it had donated $1m to the Food Bank for NYC. The eponymous Polymarket store, however, will apparently only run as a temporary pop-up, and despite supposedly opening on 12 February its location has yet to be announced.

Through our partnership with MLS and Leagues Cup, we can surface real-time collective sentiment around key moments, matches, and season-long storylines, giving fans a more interactive, data-driven way to experience the game and engage with the world's most popular sport.