Odaily Planet Daily reports that, according to Lookonchain monitoring, rapper Preme placed a bet on Polymarket that Cardi B and Drake would not perform at the Super Bowl LX halftime show, with a total wager of approximately $185,000. Due to Preme’s close relationship with Drake, there was speculation that he had insider information. However, on-chain data shows that Preme’s associated wallet 9hDJHg has transferred funds multiple times to Stake.com, indicating he is also an experienced gambler. During the halftime show, Cardi B took the stage to dance, and Polymarket categorized the dance as a “performance,” causing Preme to lose his bet and incur a loss of about $178,000. Afterwards, he posted on X that “dancing should not count as a performance,” then deleted the post.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pre-war predictions for Iran? Polymarket traders bet on U.S.-Iran war, making a profit of $1.2 million, raising questions
Polymarket experienced abnormal betting before the US-Iran airstrikes, with six new wallets totaling a profit of $1.2 million, raising concerns about insider trading and increasing global regulatory pressure. U.S. Congress members have proposed legislation to ban officials from participating in prediction markets, and many countries consider them illegal gambling. The accuracy of prediction markets and their potential ethical issues have become hot topics of discussion.
CryptoCity25m ago
Due to the increase in Polymarket trading activity, Polygon's POL burn volume in February reached a new all-time high
Odaily Planet Daily reports that Polygon's official X account announced that February's POL burn amount reached a record high, with a total of 28.2 million POL burned.
Earlier reports indicate that February's trading volume for Polymarket, the most important application in the Polygon ecosystem and a prediction market, also hit a historic high.
GateNews38m ago
$500 million market boom forecast "big gamble on Iran," someone makes $510,000 through insider trading, the U.S. will angrily call for legislation to ban it
During the global financial market closure, over $529 million in funds flooded into the prediction market, with investors betting on a US-Israel airstrike on Iran. Six new accounts made precise bets before the airstrike and profited $1.2 million, triggering insider trading allegations. American lawmakers condemned such behavior and plan to introduce legislation to ban it. The CFTC has also issued a warning, emphasizing that such transactions may be illegal.
動區BlockTempo56m ago
A certain trader placed three bets on Arsenal to win within three days, with a total profit of 3.67 million USD
Odaily Planet Daily reports that according to Lookonchain monitoring, a trader named majorexploiter spent $4.53 million USDC nine hours ago betting on Arsenal Football Club to win on March 1, 2026, and earned a profit of $2.42 million.
Data shows that within less than 3 days, he placed 3 consecutive related bets, all of which were profitable, with a total profit of approximately $3.67 million.
GateNews1h ago
Gate Daily (March 2): Trump campaign faces "insider trading" allegations over Iran airstrike; Vitalik explains Ethereum execution layer roadmap
Bitcoin (BTC) rebounded from weekend lows, trading around $66,700 on March 2. A mysterious account made precise bets on a U.S. airstrike against Iran, while the Trump camp faces allegations of "insider trading." Vitalik outlined Ethereum's execution layer roadmap, focusing on two major changes: state trees and virtual machines.
MarketWhisper1h ago
Polymarket breaks $478 million in daily trading record after Iran airstrike
After the US and Israel conducted airstrikes on Iran, the prediction market platform Polymarket reached a new trading volume high, hitting $478 million in a single day, with political markets accounting for $220 million. Bubblemaps discovered at least six addresses profiting approximately $1.2 million, raising concerns about insider trading. Meanwhile, competitor Kalshi faced criticism for involving contracts related to Hamedani, despite its CEO claiming the contracts comply with CFTC regulations, the company is facing ethical challenges.
MarketWhisper1h ago
