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NEWS

Traders Took $8.2 Million From Polymarket’s Five-Minute Bitcoin Bets, Study Found

Micah Zimmerman -
A new study found that Polymarket's five-minute Bitcoin contract functioned as a wealth transfer mechanism, funneling money from retail traders to a small group of manipulators while distorting Bitcoin's spot price.
BUSINESS

First-Ever Bitcoin Spot ETF Prediction Market, Betting Odds Published By Nitrobetting.eu

Bitcoin Magazine -
The prediction market believes SEC approval will come by January 1, 2024 and shows BlackRock as the most favored prospective ETF sponsor.
BUSINESS

Drake Wins More Than $1 Million In Bitcoin On Super Bowl Bet

Shawn Amick -
Superstar rapper Drake won two of his three Super Bowl LVI bets, taking home over $1 million in bitcoin winnings.
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