Polymarket
Strategy sells 32 Bitcoin for first time since 2022
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Strategy sold 32 Bitcoin between May 26 and May 31 to fund preferred stock dividends. The sale, worth about $2.5 million, marks the company's first disposal of the asset since 2022. Bitcoin prices fell following the disclosure on June 1.
Wall Street broker Bernstein said prediction market platforms are poised for a wave of mergers and acquisitions as companies integrate customer distribution with exchange infrastructure.
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Hackers stole roughly $3.1 million in PUSD tokens from 11 user wallets on the prediction platform. The theft followed a phishing attack that exploited a compromised third-party vendor.
A private key compromise led to a drain of more than $520,000 from a Polymarket-linked wallet on the Polygon blockchain on May 22. The prediction market platform confirmed that user funds and core contracts remained unaffected.
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Predict 2026 has attributed its decision to shift a conference from Las Vegas to New York to pressure from the Nevada Gaming Control Board. The regulator has firmly denied any such intervention. The dispute highlights ongoing tensions between prediction markets and state gaming authorities.
Polymarket's parent company has submitted multiple trademark applications for "POLY," signaling plans for a native cryptocurrency. This move suggests a strategic expansion into token issuance. The filings were reported on February 8, 2026.
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Polymarket, the world's largest prediction market, has announced a partnership with the Golden Globes to serve as the exclusive prediction market for the awards show. This deal will provide real-time forecasts and insights during the live event. The collaboration aims to enhance fan engagement through market-based probabilities on winners.
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