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As prediction markets expand rapidly, allowing bets on politics, sports and global events, regulators and lawmakers are questioning transparency, consumer risk and oversight.

The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more

The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro.

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro.

The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more

The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro.

Last week, an anonymous trader on Polymarket pocketed more than $400,000 after betting that Maduro would soon be out of office.

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro.

Of course, bitcoin critics would argue there is nothing truly gained here in terms of energy efficiency.

Analyst Picks: 100x Meme Coins Set to Skyrocket in 2026 - APEMARS Stage 3 Selling Out Fast at $0.00002448There are moments online when attention shifts quietly before the crowd realizes what's happening. It starts with screenshots shared in private chats,