ChainCatcher news, according to CoinDesk, the decentralized prediction market platform Polymarket has announced the suspension of access to its platform for users in France. This move comes weeks after the French National Gaming Authority (ANJ) launched a gambling compliance investigation into the platform.It is reported that the investigation stems from a large bet placed by a French trader on the platform regarding Trump's victory in the 2024 U.S. presidential election. Although Polymarket has implemented IP bans, users can still access the platform via VPN, according to the French cryptocurrency news site The Big Whale.As of the time of publication, Polymarket's terms of service have not been updated with the relevant restrictions.

ChainCatcher message, the prediction market Polymarket data shows that in the prediction for "Binance's next spot listing project," POPCAT is currently in the lead with a 21% probability, followed by GOAT (17%) and MOODENG (15%).Among other candidate tokens, FWOG is at 7%, BITCOIN at 4%, NEIRO at 3%, and Mog at 2%. The "None of the above" option has a support rate of 36%.

ChainCatcher news, according to data from RootData, the Prosper token (PROS) has increased by 93.34% in the last 24 hours, currently priced at $0.98.Additionally, the Web3 asset data platform RootData shows that Prosper is a non-custodial cross-chain prediction market and hedging platform. Prosper is developing a unique on-chain liquidity aggregation technology to address issues in the prediction market landscape. The core features of Prosper.so include: cross-chain prediction support and on-chain liquidity aggregation, binary liquidity model, betting insurance, user-owned predictions and options, and real asset integration.

ChainCatcher news, Vitalik published a new article "From Prediction Markets to Information Finance" stating that he has been a close supporter and follower of Polymarket this year, and that prediction markets are one of the Ethereum applications that excite him the most.Vitalik believes that Polymarket has a dual nature: on one hand, it is a betting site for participants, and on the other hand, it serves as a news site for everyone else. As the election results gradually come in, despite many experts and news sources enticing the audience with favorable news for Harris, Polymarket directly reveals the truth that Trump's probability of winning has reached 95%. The real money invested by users allows the market to realize what the truth is closer to.Moreover, prediction markets can also use finance as a way to coordinate incentives to provide valuable information to the audience. Information finance addresses the trust issues that actually exist among people. A common concern of this era is the lack of knowledge and not knowing whom to trust in political, scientific, and business environments. Information finance applications can help be part of the solution. He predicts that a technology that will drive the development of information finance in the next decade is artificial intelligence.

ChainCatcher news, according to market news: French regulators are reviewing the prediction market platform Polymarket following the crypto bets related to Trump.

ChainCatcher news, the prediction market platform Polymarket announced on social media that its platform has demonstrated accuracy that surpasses traditional polls, media reports, and expert analyses in predicting the U.S. presidential election. Polymarket claims that its highly liquid prediction market model successfully predicted election outcomes in advance, once again proving the potential of decentralized prediction markets.Polymarket stated that the platform provides global users with high-quality, transparent data and offers accurate predictions before other information sources. The company believes this is just the beginning of building a revolutionary platform capable of revealing significant global events.

ChainCatcher news, according to data from RootData, the Prosper token (PROS) has increased by 45.03% in the last 24 hours, currently priced at $0.594.Additionally, the Web3 asset data platform RootData shows that Prosper is a non-custodial cross-chain prediction market and hedging platform. Prosper is developing a unique on-chain liquidity aggregation technology to address issues in the prediction market landscape. The core features of Prosper.so include: cross-chain prediction support and on-chain liquidity aggregation, binary liquidity model, betting insurance, user-owned predictions and options, and real asset integration.

ChainCatcher news, according to The Block, analysts from Animoca Brands Research claim that after the U.S. presidential election, Polymarket users are likely to continue using the platform.The related report points out that Polymarket is an on-chain prediction market that provides quantitative odds for future events, with its monthly trading volume soaring from $40 million to $2.5 billion between April and October. Meanwhile, the open contracts increased from $20 million to $400 million. In October alone, the platform's website attracted 35 million visits. At the same time, citing Polymarket has become a standard not only in crypto media but also in mainstream news outlets.

ChainCatcher news, on the prediction market Kalshi regulated by the Commodity Futures Trading Commission (CFTC), two-thirds of bettors believe that Bitcoin will hit an all-time high this year, but less than half think that Bitcoin will reach $80,000 by the end of 2024.

ChainCatcher news, according to Cointelegraph, based on regulatory documents submitted to the Commodity Futures Trading Commission (CFTC), Kalshi is launching more political event prediction markets ahead of the U.S. elections, including the results of the Ohio statewide referendum and the announcement by the Associated Press (AP) of the results in the last state of the presidential race, among others.According to CFTC data, since October 31, Kalshi has registered over twenty contracts, most of which are related to the upcoming U.S. elections. According to the Kalshi website, as of November 1, the total betting volume for Kalshi's "Who will win the presidential election?" has reached approximately $144 million since its launch on October 7.Data from the platform shows that as of November 1, the probability of Trump winning the presidential election is 56%, while Harris's probability is 44%.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan recently expressed the view that while prediction markets are not new, Polymarket has brought unprecedented global scale and liquidity through its crypto-native features.Hougan emphasized that a prediction market without participants placing bets cannot truly be called a prediction market, and Polymarket's crypto-native characteristics have helped it achieve the scale and liquidity necessary to become an effective prediction market.