Polymarket, a prediction platform built on Polygon, saw $16.5 million in trading volume as users bet on whether President Trump's nominations would be confirmed by the U.S. Senate. So far, users correctly predicted the confirmation of Scott Bessent as U.S. Treasury Secretary, a key position that could impact crypto-related privacy debates. Polymarket gained popularity by allowing users to bet on the outcome of the 2020 presidential election, accurately predicting Trump's victory. Despite allegations of violating U.S. laws, Polymarket remains a major blockchain-based prediction market.



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