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Polymarket

🌎 polymarket.com

Polymarket is an information markets platform based in New York, NY, where users can bet on the outcomes of highly-debated topics such as politics, COVID, and more. It operates as a decentralized prediction market, allowing users to speculate on real-world events using cryptocurrencies, and aims to provide actionable insights that help individuals plan for the future.

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Polymarket - Latest News and Updates

• Polymarket is rebranding its AI Agent to focus exclusively on providing real-time insights into market predictions and money movements.
• Polymarket has blocked French users from placing new bets due to scrutiny from France's gambling regulator.
• Polymarket has significantly increased its market volume for the prediction 'Will ≥2% of votes go to 3rd Party candidates?' from $2.2 million to $5 million, with the chance rising from 5% to 58%.
• Polymarket has significantly increased its trading volume from $385.9 million to $485 million in one of its markets.
• Polymarket has significantly increased its trading volume in various markets, such as the 'Wicked' Opening Weekend Box Office from $342.0k to $2m and the 'Will the US confirm that aliens exist in 2024?' market to $2m.

• Polymarket has significantly increased its trading volume in various political prediction markets, with the volume for the 'Who will be inaugurated as President?' market rising from $29.6 million to $73 million and the 'Will Biden finish his term?' market reaching $40 million.
• David Rosenberg has left Polymarket, where he served as VP BD, Strategy + Ops, to join Notion as Head of Business Development in the United States.
• As of November 20, the volume of bets on Polymarket regarding the probability of a nuclear strike by the end of 2024 reached $1.8 million, with only 9% of participants believing it will happen.
• Michele Figueroa has joined Polymarket as Office Manager in the United States, previously serving as Corporate Receptionist at Galaxy Universal.
• Polymarket reported a drop in Pete Hegseth's confirmation odds as defense secretary from 74% to 52% after CNN released details of a sexual assault allegation against him, which he denies.

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