Polymarket


Videos

Kraken Considers Nuclear Energy for Data Centers; Biden's Odds of Dropping Out Jump on PolyMarket

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto exchange Kraken considers using nuclear energy as a power source for its data centers. Plus, Nigeria's money laundering trial against Binance and two executives was adjourned until July 5. And, the odds that President Biden drops out of the race for the White House hit an all-time high of 60% on Polymarket.

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Markets

Biden's Odds of Dropping Out Jump to 55% on Polymarket as Obama Raises 'Concerns' About Presidential Campaign

Traders are now giving a 55% chance President Biden abandons his campaign and a 42% chance he does it before the Democratic convention

Former President Donald Trump (left) and President Joe Biden (right) debated in Atlanta on Thursday night. (Justin Sullivan/Getty Images)

Markets

Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket

Supporters are calling on the vice president to step up following boss Biden's doddering debate debacle.

COLLEGE PARK, MARYLAND - JUNE 24: U.S. Vice President Kamala Harris delivers remarks on reproductive rights at Ritchie Coliseum on the campus of the University of Maryland on June 24, 2024 in College Park, Maryland. Harris is speaking on the two year anniversary of the Dobbs decision, the Supreme Court ruling that overturned Roe v. Wade and struck down federal abortion protections. (Photo by Kevin Dietsch/Getty Images)

Videos

Circle Becomes First Stablecoin Issuer to Get MiCA License; Polymarket Hits $100M of Volume in June

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Circle became the first global stablecoin issuer to comply with the EU's MiCA regulatory framework. Plus, Polymarket recorded over $100 million of volume in June on U.S. election enthusiasm. And, Silvergate Bank's $63 million settlement with regulators.

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News Analysis

UPDATE: Polymarket Logs First $100M Month as Election Drama Heats Up

President Biden's blunders during last week's debate are the latest factor driving volume on the crypto-based prediction market.

ATLANTA, GEORGIA - JUNE 27: U.S. President Joe Biden participates in the CNN Presidential Debate at the CNN Studios on June 27, 2024 in Atlanta, Georgia. President Biden and Republican presidential candidate, former U.S. President Donald Trump are facing off in the first presidential debate of the 2024 campaign. (Photo by Justin Sullivan/Getty Images)

Markets

Trump's Odds of Victory Surge to 67% on Polymarket Post-Presidential Debate

Biden's chances at becoming the Democratic nominee also slid to 70%, while Gavin Newsom's odds jumped to 15%.

Trump-Biden debate (Screenshot)

Markets

UPDATE: Polymarket Says It's 'Conclusive' Barron Trump Was Involved in $DJT

Nearly all UMA token holders voted that Donald Trump's son Barron was not likely involved in the DJT meme coin. Polymarket says UMA got it wrong.

Polymarket CEO Shayne Coplan (Polymarket)

News Analysis

Biden Likely to Win Popular Vote, but Lose Presidency, Prediction Market Signals

Plus: $DJT believers dispute the resolution of a Polymarket bet, insisting the "preponderance of evidence" shows Barron Trump's involvement.

MEXICO CITY, MEXICO - JANUARY 09: U.S. President Joe Biden looks on during a welcome ceremony as part of the '2023 North American Leaders' Summit at Palacio Nacional on January 09, 2023 in Mexico City, Mexico. President Lopez Obrador, USA President Joe Biden and Canadian Prime Minister Justin Trudeau gather in Mexico from January 9 to 11 as part of the 10th North American Leaders' Summit. The agenda includes topics on the climate change, immigration, trade and economic integration, security among others. (Photo by Hector Vivas/Getty Images)

Markets

Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market Says

Meanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article unflattering to prediction markets.

They didn't shake hands last time, but that was during the plague. (Justin Sullivan/Getty Images)