AI Search Engine Perplexity Teams up With Predictions Market Giant Polymarket

On Aug. 12, 2024, the startup behind Perplexity, an AI-driven search engine and chatbot, revealed a new partnership with Polymarket, a blockchain-powered predictions market. With this integration, users searching for events on Perplexity will now find news summaries accompanied by real-time probability forecasts sourced directly from Polymarket. Perplexity and Polymarket Unite The AI-focused search engine … Read more

Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot ETF; and Polymarket gets criticized for its decision on the Venezuelan presidential election bet. El Salvador … Read more

Polymarket’s Integrity Questioned Over Venezuelan Presidential Election Bet Outcome

Polymarket, a cryptocurrency-based prediction market, has declared Edmundo Gonzalez, the opposition candidate, the winner of the Venezuelan presidential election bet. The decision, made days after the election, ignores the official results announced by the National Electoral Council (CNE), which proclaimed Maduro as president amidst fraud allegations from opposition leaders. This prompted several users to question … Read more

Polymarket Bets Predict a Nail-Biter: Trump and Harris Dead Even in 2024 Race

According to prediction market Polymarket, former President Donald Trump and current Vice President Kamala Harris are now evenly matched in the 2024 election race. Initially, Trump led Harris following the announcement by President Joe Biden that he would not seek re-election in November. 2024 Election Odds: Trump and Harris Locked in Dead Heat As of … Read more

US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise

A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with … Read more

Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed

Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Federal Open Market Committee (FOMC) meeting. The key question is the extent of this cut. According to CME’s … Read more

Latam Insights: El Salvador Proposes Using Crypto for International Settlements; First Bitcoin-Funded Company Registered in Argentina

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador proposes using crypto as a tool to complete international settlements with Russia, Argentina registers its first bitcoin-funded company, and the Polymarket Venezuelan presidential election bet is still undecided. Russian Diplomat: El … Read more

Polymarket Bets Big on Josh Shapiro: Is He Kamala Harris’s Secret VP Pick for 2024?

Based on Polymarket predictions, Pennsylvania Governor Josh Shapiro is currently favored to be Kamala Harris’s Vice Presidential pick for her 2024 U.S. presidential campaign. Polymarket participants currently give Shapiro a 72% likelihood of being chosen as the running mate. Betting Markets Show Josh Shapiro Poised to Be Kamala Harris’s VP As of now, Kamala Harris … Read more