A study by Columbia University found that up to 60% of Polymarket's trading volume could be from fake trades (wash trades), which has raised concerns about artificially manipulated trading activity in prediction markets.
According to market news, the Ethereum Foundation has pledged to support the Columbia-Ethereum Research Center on Blockchain Protocol Design, matching donations of up to $500,000 per year for the first three years of its existence.
On March 25, local time, a group of Columbia University professors filed a lawsuit against the Trump administration, accusing it of forcing Columbia University to tighten campus protest rules and placing the Middle East Studies Department under external supervision, including canceling $400 million in federal funding and threatening to withhold billions of dollars in future funds.
Omid Malekan, an adjunct professor at Columbia Business School, said in an Oct. 26 X post: "Memecoins are a form of economic populism in their own right, and a Trump presidency would be" bad for Memecoins "because they are a" form of economic populism and a statement against injustice. " Malekan added: "Regulatory sanity in the United States is bad for Memecoins because it refocuses the focus of cryptocurrencies on DApps and other really important cryptocurrencies."