Prediction Markets

Prediction Markets

Mercati

Did RFK Jr. Really 'Drop Out'? Polymarket Bettors Argue Over Contract Resolution

Also: Prediction market traders place bets on Telegram CEO's release from jail and on the spread of mpox.

Robert F. Kennedy Jr., Independent U.S. Presidential Candidate, speaks at Consensus 2024 by CoinDesk. (CoinDesk/Shutterstock/Suzanne Cordiero)

Analisi delle Notizie

Kamala Harris Pulls Well Ahead of Trump on Polymarket

Plus: Will Trump mention crypto in Elon Musk interview?; don't hold your breath for OpenAI's Sora.

WAYNE, MICHIGAN - AUGUST 08: Democratic presidential candidate U.S. Vice President Kamala Harris speaks at a campaign rally at United Auto Workers Local 900 on August 8, 2024 in Wayne, Michigan. Kamala Harris and her newly selected running mate Tim Walz are campaigning across the country this week. (Photo by Andrew Harnik/Getty Images)

Mercati

Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules

Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Politiche

Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules

Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Tecnologie

Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket

A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.

The rise of blockchain-based prediction markets has turned clairvoyance into a gambling activity. (Tomasz Lusiak/Creative Commons)

Analisi delle Notizie

Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say

Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy.

AMBLER, PENNSYLVANIA - JULY 29: Pennsylvania Governor Josh Shapiro speaks during a campaign rally for Vice President Kamala Harris on July 29, 2024 in Ambler, Pennsylvania. Shapiro and Michigan Governor Gretchen Whitmer campaigned to bring supporters behind Vice President Harris's campaign to protect Americans' freedoms, lower costs for families, and slam Trump's Project 2025 agenda. (Photo by Hannah Beier/Getty Images)

Tecnologie

Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom

MetaDAO, a Solana experiment in governance by "futarchy," raised a total of $2.2 million to fund operations.

Sporting a black hoodie, the pseudonymous coder known as Proph3t works in a Salt Lake City hacker house. (Danny Nelson/CoinDesk)

Mercati

Biden's Exit Spurs Record $28M Daily Volume on Polymarket as Election Enters Uncharted Territory

Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat's nominee and $10 million for the party's VP.

Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)

Tecnologie

The Protocol: Polymarket Feeds Political Junkies, With Nate Silver

In this week's issue of CoinDesk's blockchain tech newsletter, we look at the "alternative news source" that Polymarket's prediction-betting site has become.

(Andrew Haimerl/Unsplash)

Finanza

Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report

The crypto-based prediction market has taken more than $400 million in bets this year.

Nate Silver will now reportedly work for prediction market Polymarket. (Slaven Vlasic/Getty Images for AWXII)