Prediction markets are the killer blockchain app we’ve been waiting for
As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we’re likely to see an explosion of creativity. Go to Source
Prediction markets
Auto Added by WPeMatico
CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC … Read more
Vitalik Buterin: Bullish on Google sign-in, bearish on duels to the death
Buterin says prediction markets are better for settling beef, but Elon Musk says he’s packing historical heat. Go to Source
Vitalik Buterin says AI prediction markets can make X community notes faster
Vitalik Buterin said that the biggest criticism of X’s community notes is that they do not appear fast enough. Go to Source
Trump Maintains Slight Advantage in Election Odds on Polymarket After Harris Interview
After a 40-day interview hiatus, Vice President Kamala Harris has finally given her first Q&A session since President Joe Biden announced he won’t seek re-election in 2024. According to Polymarket’s election betting odds, former President Donald Trump is currently edging ahead, leading by a modest 1 percentage point. At the moment, Trump holds a 50% … Read more
Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet
On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against Kamala Harris for the 2024 presidential election. As of 8:19 a.m. EDT on Thursday, Trump held a 53% chance of victory, edging out Harris, who currently sits at 46%. Polymarket and Several Other Betting Platforms … Read more
Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket
Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of international concern. Following this announcement, Polymarket users have started placing bets on whether Mpox will be categorized as a pandemic in 2024. Polymarket Bettors Give … Read more
Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade
Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options. The upgrade also includes live game scoring for real-time updates and enhanced cross-chain capabilities. Vega’s prediction market aims … 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
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. Coinbase has also formally responded to the proposal, urging the CFTC to reconsider its stance, which the company argues could stifle innovation in the prediction markets. Coinbase Urges CFTC … Read more
