The premature resolution of a market on a Trump/Ukraine minerals deal leaves bettors high and dry, and shows a flaw in Polymarket’s oracle system.

A data analyst found that Polymarket is 90% accurate in predicting outcomes one month out and 94% correct four hours before an event occurs.

As traders wait for the outcome, there is currently $10.5 million in limbo.

It appears that the Presidential election wasn’t the only cause of the prediction market’s spectacular growth, as sports betting draws more users to the platform.

Commissioner Summer Mersinger said in a policy seminar that the CFTC must take a more “pro-innovator” approach.

Bettors’ hopes that crypto would play a part in the symbolic first day of President Donald Trump’s administration were dashed.

The leading prediction market may be planning a return to the U.S., but in Singapore, it has been declared an illegal gambling site.

The booming prediction market platform began geo-blocking U.S. users in 2022, but U.S. residents reportedly turned to VPNs to access the website.

One user profited nearly $50 million across 4 Polymarket accounts.

Prediction market volumes are at all-time highs as the odds of a Trump presidency soar.