- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Polymarket is currently recruiting new team members to establish an internal market-making team.
BlockBeats News, December 4th, according to Bloomberg, Polymarket is currently hiring new team members to establish an internal market-making team, which may engage in trading with customers on the company's trading platform. Although similar functionality has previously led to criticism of its main competitors. Sources revealed that the company has recently been in talks with several traders, including sports betting traders, to invite them to join this new department. Polymarket declined to comment on this.
However, Kalshi has already been operating a department called Kalshi Trading, providing quotes on the trading platform and effectively acting as a counterparty to some customer trades. Although Kalshi executives claim that this department is meant to increase liquidity and improve the customer experience, critics argue that its market-making efforts create a conflict of interest with customers, making it resemble a traditional sports betting company. A proposed class-action lawsuit filed last month alleged that the odds set by Kalshi Trading were unfavorable to customers.
You may also like
Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…
Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…
Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring
Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…
Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading
Key Takeaways Allegations of insider trading at Axiom Crypto involve approximately $400,000 and a complex scheme where employees…
Ethereum 2029 Roadmap: ETH to Become the High-Speed Internet of Value
Key Takeaways Ethereum’s new roadmap, the “Strawmap,” aims for a settlement layer achieving 10,000 transactions per second (TPS)…
India Enhances Crypto KYC and AML Measures with Live ID and Location Checks
Key Takeaways: India classifies crypto exchanges as Virtual Digital Asset (VDA) service providers requiring enhanced Anti-Money Laundering (AML)…
Bitcoin Price Prediction: $500 Million in Short Positions Just Got Wiped Out — Is a Bull Market Beginning?
Key Takeaways: Bitcoin experienced a massive short squeeze, liquidating nearly $500 million in short positions and propelling its…
XRP Price Prediction: Ripple Invests Billions to Forge a Connection with Banks – Is $1,000 Possible?
Key Takeaways: Ripple has invested around $4 billion in establishing connections between traditional banks and crypto platforms, illustrating…
Crypto Price Prediction Today 26 February – XRP, Bitcoin, Ethereum
Key Takeaways Bitcoin has rebounded above $68,000, reigniting optimism within the crypto market and potentially signaling a shift…
Google’s Gemini AI Predicts the Price of XRP, Dogecoin, and Shiba Inu by the End of 2026
Key Takeaways Google’s Gemini AI forecasts significant price surges for XRP, Dogecoin, and Shiba Inu by the end…
Wall Street Frontrunning Retail? Institutions Flooded Ethereum Before 15% Price Rally
Key Takeaways Institutional Inflows Surge: A massive $157 million institutional inflow was recorded into Ethereum ETFs in a…
Animoca’s Yat Siu Says AI Agents Will Make 2026 the ‘Year of Utility’
Key Takeaways Animoca’s Yat Siu envisions a future where AI agents and blockchain seamlessly integrate, making 2026 a…
Chainlink Price Surges: What’s Behind Today’s LINK Rally?
Key Takeaways Chainlink’s price has experienced a notable surge, increasing over 14% to reach $9.35, its highest since…
Crypto Exchange Kraken Aims to Reignite Services in India
Key Takeaways Kraken is making strides to re-establish its footprint in the Indian cryptocurrency market. Vishesh Khurana has…
Crypto Rebound: Bitcoin Hits $68,000, Circle’s Revenue Climbs, and NEAR’s Confident Rise
Key Takeaways Bitcoin’s recent surge to $68,000 represents a strategic market rebound, driven by structural support and forced…
MetaMask Expands Mastercard Crypto Card Across the U.S.
Key Takeaways MetaMask has launched its self-custodial crypto card across all 50 U.S. states, broadening the accessibility of…
Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…
Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…
Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring
Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…
Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading
Key Takeaways Allegations of insider trading at Axiom Crypto involve approximately $400,000 and a complex scheme where employees…
App