The Oscars are about to begin, and betting on various awards on Polymarket has already started. The betting funds for Best Picture have exceeded $15 million.

Building a Terminal Prediction Market paradigm, expanding the predictive trading infrastructure

Paradigm is developing a specialized prediction market trading terminal, positioning itself as a key player in the booming sector. It aims to create a market-making desk and a prediction market index, enhancing its infrastructure and attracting serious institutional investment.

Two Taiwanese individuals were arrested for betting on Polymarket! Prosecutors cracked the first case involving a virtual currency in a nine-in-one election prediction market.

Yunlin District Prosecutors Office cracked the nation’s first case involving a virtual currency nine-in-one election betting platform, and two bettors are being investigated for violating the “Election and Recall Act” and gambling-related offenses. As early as February, authorities had warned about the illegality of this type of betting activity. The case shows that on-chain transactions are not anonymous and can be traced, which affects the fairness of the election.

USD.AI launches a token with a “non-transferable” trap; CHIP claims are open but trading is impossible

USD.AI has opened claims for the token CHIP, but trading is still not possible, which does not match the settlement standard “issue tokens” for prediction markets, resulting in settlement being “No.” The agreement is led by Framework Ventures, and although it has market momentum, there are risks in the lending model and team background that need to be assessed. The official listing date will be key to pricing.

Polymarket’s April 1 fee revenue surpasses $1 million

Polymarket’s single-day fee revenue surpassed $1 million on April 1, reaching $1.02 million, showing a clear increase. This change was driven by its adjustment to the fee mechanism and the addition of multiple market categories to broaden its chargeable scope.

A highly profitable account worth over $1.7 million bet $160,000 on Polymarket, wagering that the Spurs will beat the Warriors.

On April 2, an account on the Polymarket platform placed a $160,000 bet that the Spurs would beat the Warriors. This account has made a profit of more than $1.7 million. The Spurs currently have a record of 57 wins and 18 losses and are ranked 2nd in the Western Conference.

Polymarket "SpaceX will IPO by June 15" probability rises to 75%, up 24% in 24 hours

On April 2, Polymarket’s prediction shows the probability that SpaceX will IPO before June 15 has risen to 75%. Insiders say SpaceX has already filed a draft IPO registration statement with the SEC, which could make it the first listed mega-IPO, ahead of OpenAI and Anthropic.