Polymarket

Kanye West denied plans to launch a token, revealing he rejected a $2 million offer. He criticised celebrity-backed tokens, saying “coins prey on fans with hype,” and expressed interest in speaking with Coinbase CEO Brian Armstrong. Are his comments a critique of celebrities profiting from the meme coin craze?

The Trump administration omitted cryptocurrency from its priority list and inaugural speech, triggering an over 30% drop in Trump’s meme coin. While optimism persists, concerns over long-term support are growing.

TikTok will resume operations in the US after the President-elect pledged to restore access, proposing a 50% stake in the platform—despite previously attempting to ban it. The news has sparked widespread celebration on social media.

Just days after Singapore has announced its ban of decentralized prediction marketplace polymarket, Thailand's Technology Crime Suppression Division (TCSD) has followed suit and have announced plans to propose closing polymarket.

Polymarket users have placed $876,000 in bets on whether Donald Trump will mention "crypto," "bitcoin," or "dogecoin" during his inauguration speech. The platform has seen a surge in trading, with over $1.89 million in total volume, reflecting growing interest in predicting political events related to cryptocurrencies.

Singapore has blocked Polymarket, labelling it an unlicensed gambling platform under its strict betting laws. The platform also faces regulatory scrutiny in the US and France, putting its global future in question.

Polymarket faces backlash for enabling bets on California wildfires, raising ethical concerns over profiting from disaster. To make matters worse, the emergence of AI deepfakes further spread misinformation. Is tragedy becoming entertainment?

One of the biggest ongoing debates in the political world revolves around the fate of Canadian Prime Minister, Justin Trudeau. After a disastrous term, it seems that Trudeau leaving the office seems imminent.

The FBI has reportedly seized Polymarket CEO Shayne Coplan’s devices, possibly tied to the platform’s prediction of Trump’s election victory. While no charges have been filed, sources suggest market manipulation is under investigation. Meanwhile, France’s gambling regulator may block Polymarket’s operations. Is this the beginning of the end for the decentralised betting platform?

Polymarket is considering a token launch to sustain its recent trading surge. However, it faces challenges, including growing regulatory scrutiny. The key question is whether it can maintain its post-election momentum or will be remembered solely for its election-driven success.