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Trust Wallet Enters Prediction Markets Race With New Trading Feature

Trust Wallet has launched a prediction markets feature that lets its 200 million users trade real-world event outcomes directly from their wallets without leaving the app.

The wallet-native tool went live on December 2 on Myriad on BNB Chain, with integrations with Polymarket and Kalshi to follow soon.

The move positions Trust Wallet inside a rapidly expanding sector where platforms like Kalshi recently raised $1 billion at an $11 billion valuation, and Polymarket dominates with $248 million in total value locked.

Trust Wallet users can now browse curated events spanning crypto milestones, politics, sports, and global trends, then take YES or NO positions on outcomes tracked fully on-chain in self-custody.

Introducing Predictions in Trust Wallet ๐Ÿ”ฎ

The first major wallet with native predictions.

Trade sports, crypto, politics & more. All in one place & self-custodial.

Powered by @MyriadMarkets (live). @Polymarket & @Kalshi coming soon.

Update now: https://t.co/VHh3snlsip pic.twitter.com/LCOu9BbjTH

โ€” Trust Wallet (@TrustWallet) December 2, 2025

Wallet-Native Trading Removes Platform Friction

Trust Walletโ€™s Predictions tab appears on the Swaps page, eliminating the need for separate apps or accounts.

Users select events, choose outcome positions, and hold tokenized shares entirely on-chain through vendor smart contracts.

Real-time pricing and sentiment data are surfaced directly in the interface, while event resolution is handled by integrated partners rather than Trust Wallet itself.

Trust Wallet Enters Prediction Markets Race With New Trading Feature
Source: Trust Wallet

Myriad operates on BNB Chain for non-US regions, Polymarket runs via Swap.xyz on Polygon, and Kalshi offers regulated markets on Solana for US and global users.

Access varies by jurisdiction, with automatic geofencing applied based on each vendorโ€™s compliance requirements.

The wallet handles regional restrictions automatically, routing eligible participants to appropriate markets while blocking others.

The integration consolidates multiple prediction platforms into a single interface, allowing users to explore markets from different providers without switching between websites or managing separate accounts.

Each position sits on-chain in the userโ€™s own wallet, maintaining full transparency and self-custodial control aligned with Web3 principles.

Prediction Markets Show Strong Growth Despite Early Risks

Prediction markets have generated $3.7 billion in trading volume as of November, according to Dune data, with Opinion leading at $1.5 billion, Kalshi at $1.2 billion, and Polymarket at $952 million.

Total value locked across the sector reached $337 million in November, up sharply from earlier in the year as users discovered they could profit in stablecoins regardless of broader crypto market conditions.

The sectorโ€™s appeal centers on outcome-based returns that remain independent of crypto market fluctuations.

Most bets are placed in stablecoins, with results determined solely by whether predictions prove correct.

This structure has attracted participants who consistently earn even during market downturns, though questions about insider-like behavior and wallet patterns persist across platforms.

The sectorโ€™s booming growth has attracted big players as well.

๐Ÿ”ฎ Leaked screenshots show @Coinbase developing a prediction markets platform built on @Kalshiโ€™s regulated infrastructure.#Kalshi #Coinbasehttps://t.co/2aWPAEBQcV

โ€” Cryptonews.com (@cryptonews) November 19, 2025

Last month, Coinbase confirmed plans to launch its own prediction platform via Kalshi. At the same time, Robinhood and Susquehanna agreed to acquire 90% of LedgerX to operate a dedicated prediction futures exchange launching in 2026.

Robinhood said customers traded 9 billion contracts across more than 1 million accounts in the first year, making prediction markets its fastest-growing product by revenue.

Gemini also filed with the CFTC to become a designated contract market, and Crypto.com launched a prediction product with Trump Media.

In fact, Google Finance announced it will integrate Kalshi and Polymarket data directly into search results, bringing crowd-priced odds on future events alongside traditional market data.

Intercontinental Exchange, owner of the New York Stock Exchange, also agreed in October to invest up to $2 billion in Polymarket.

Trust Wallet Expands Financial Services Beyond Trading

Trust Wallet CEO Eowyn Chen previously outlined plans to transform the wallet into a Web3 neobank offering self-custody, asset exposure, DeFi access, staking, and identity management in one globally accessible app.

The company partnered with Ondo Finance in September to launch tokenized stocks and ETFs, giving users exposure to US equities without traditional brokerage accounts.

Chen said RWAs provide access to financial products previously unavailable to users in emerging markets, allowing participation without sacrificing custody or relying on centralized platforms.

So far, Trust Wallet has integrated the 1inch Swap API to consolidate prices from decentralized exchanges across Ethereum, BNB Chain, Polygon, and Solana.

The post Trust Wallet Enters Prediction Markets Race With New Trading Feature appeared first on Cryptonews.

Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims

Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims

A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man โ€” who was arrested in Russia in mid-April โ€” is refusing to share access to his presumed crypto stash with Russian law enforcement.

Investigators Fail to Obtain Hydra Market Operatorโ€™s Cryptocurrency

The Russian judiciary wants to confiscate what it believes to be a record amount of cryptocurrency from a drug dealerโ€™s crypto wallet, the business daily Kommersant reported this week, quoting a post on the Telegram news channel Mash.

The crypto stash belongs to an alleged co-founder and administrator of arguably the largest online marketplace on the dark web, Hydra, which was shut down by Germany not long ago.

Dmitry Olegovich Pavlov, a 30-year-old businessman from Cherepovets, was detained last month on a warrant from the Meshchansky District Court of Moscow and accused of production, sale, and distribution of drugs under Russiaโ€™s Criminal Code.

His arrest came shortly after the U.S. Department of Justice announced criminal charges against a Russian resident with the same names for conspiracy to distribute narcotics and conspiracy to commit money laundering.

According to the report, Pavlovโ€™s wallet was seized with a court order and investigators think it stores hundreds of millions of dollarsโ€™ worth of cryptocurrency. Whether the state will be able to obtain the coins, however, is another question.

The owner refuses to give Russian authorities access to his wallet and the exact amount of digital currency stored there is yet to be established. Aside from the crypto wallet, Pavlov has been otherwise cooperative and police already have his phones and computers, Kommersant revealed.

Dmitry Pavlov is the first Hydra operator detained in the history of the Russian-language marketplace, the newspaper noted. The platform had been active since at least 2015 and had around 17 million customers before it was busted in early April when German law enforcement seized its server infrastructure and took down the darknet marketโ€™s website with support from U.S. agencies.

Do you expect Russian authorities to eventually gain access to Dmitry Pavlovโ€™s crypto wallet? Tell us in the comments section below.

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