In Brief A Polymarket user bet $385,000 on Taylor Swift’s engagement, shifting market odds by 12% just before the news broke. Crypto sleuths linked “romanticpaul” to Paul Sidoti, Swift’s longtime guitarist, sparking online speculation. The case raises questions about whether such Web3 wagers count as insider trading, and what they mean for online betting. User…
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In Brief Polymarket predicts a 70% chance of XRP ETF approval, fueled by growing optimism after XRP hit a $3.39 peak today. Trump’s pro-crypto policies and SEC leadership changes are expected to ease hurdles for XRP ETFs in 2025. Four XRP ETF applications await approval, with lingering SEC opposition still seen as the biggest obstacle.…
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In Brief Polymarket’s Shayne Coplan has responded to allegations of bias in the platform’s US election prediction markets. Coplan explained that claims of favoritism often arise from market reactions rather than any manipulation. Coplan highlighted its peer-to-peer structure and transparency as key advantages over traditional prediction platforms. Polymarket CEO Shayne Coplan has addressed recent allegations…
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