Crypto

Polymarket profits concentrated as top 3.14 percent take more than 30 percent

A study analysing all Polymarket trades from 2023 to 2025 concluded the platform’s accuracy reflects an informed minority rather than the “wisdom of crowds.” The paper examined 1.72 million accounts across 210,322 markets and about $13.76 billion in trading. It classified 3.14 percent of accounts as skilled winners, who with market makers took more than 30 percent of profits. About 67 percent of accounts were classified as unskilled or unlucky losers and absorbed all losses.

Crypto

U.S. CFTC staffing hits 15-year low as crypto and prediction market oversight burden grows

The U.S. Commodity Futures Trading Commission\'s workforce has fallen to its lowest level in 15 years after dropping 24% since President Donald Trump\'s return, even as oversight demands increase for cryptocurrencies, oil futures and rapidly growing prediction markets. Staff numbers fell to 535 as of February after layoffs and departures. Lawmakers and former officials raised concerns about weakened enforcement capacity, while the agency said it is using artificial intelligence and software to fill gaps.