Crypto Platforms Like Polymarket Now Taking Bets on Los Angeles Fire Devastation

Quick Summary:

As Los Angeles burns, users of the crypto-based platform Polymarket are gleefully placing bets on the devastation caused by the raging wildfire, which has already destroyed more than one thousand homes and has killed at least two people.

As of writing, there are at least eight running bets on the predictions market platform on the Palisades fire (though only three have significant amounts of money on the line).

" reads one outcome prediction, with over $40,000 worth of bets placed.

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Article Details

Author / Journalist: Frank Landymore

Category: Technology

Markets: United States

Topics: Future Society Polymarket Crypto Prediction market The digest

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 22:06:12 (1 days ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 24987194

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Official Website: futurism.com

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