Polymarket


Markets

OpenAI CEO Drama Makes a Market for Blockchain Betters

Over $250,000 in liquidity was built up in prediction market contracts on Polymarket over the weekend, from the serious to the absurd.

Sam Altman at Village Global's The Grove in 2022 (Village Global/Flickr)

Markets

BitMEX's Prediction Market Is Now Live

Current prediction market contracts revolve around FTX bankruptcy claim recoveries, the future of bitcoin ETFs, and Sam Bankman-Fried’s jail sentence.

Prediction markets generate more accurate forecasts than other methods. (Bettmann/Getty Images)

Videos

How Blockchain Bettors View the 2024 U.S. Election

Users of blockchain-based prediction market Polymarket have put up nearly $5 million so far to bet on the outcome of the Republican presidential nomination race. Polymarket director of global markets Harry Jones breaks predictions for the 2024 election made so far on the site.

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Policy

After GOP Debate, Blockchain Bettors See Ramaswamy as Most Formidable Trump Challenger

Betting lines didn’t change much as a result of Wednesday’s debate, but the Bitcoin-friendly entrepreneur has edged out Florida governor Ron DeSantis this past week in the GOP’s race for second place.

Vivek Ramaswamy co-founded Strive Asset Management (Frederick Munawa)

Policy

CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress

The U.S. derivatives regulator has scheduled a June 26 meeting to discuss starting another review to evaluate whether to approve Kalshi’s event contracts.

Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)

Markets

Floor Prices for Donald Trump NFTs Surge on News of Possible Indictment

Meanwhile, the Polymarket prediction contracts relating to the former U.S. president's indictment have become some of the most actively traded on the platform.

Donald Trump Trading Card NFTs (OpenSea)

Videos

How Accurate Are Prediction Markets?

Polymarket predicts a Republican takeover in Tuesday's U.S. midterm elections. But how accurate are prediction markets? Polymarket founder and CEO Shayne Coplan explains why these markets are "a canonical source of truth."

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Videos

Polymarket Predicts Republicans Winning Both House and Senate

Cryptocurrency predictions site Polymarket has started its 2022 Midterms Live Forecast and is predicting Republicans will comfortably control both the U.S. House of Representatives and the Senate. Polymarket founder and CEO Shayne Coplan discusses the accuracy of prediction markets. Plus, insights on former President Trump's possible presidential run in 2024.

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Finance

Crypto Predictions Site Polymarket Taking Bets on Whether Russia Will Use a Nuclear Weapon by 2023

Traders on Polymarket, which is not available to U.S. users, are putting a 6% probability of Russia doing so.

El presidente de Rusia, Vladimir Putin. (DimitroSevastopol/Pixabay)

Videos

CFTC Fines Polymarket $1.4M for Unregistered Swaps

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De explains why the Commodity Futures Trading Commission (CFTC) recently fined crypto betting service Polymarket $1.4 million for unregistered swaps. Plus, his perspective on the Bank of Mexico’s plans to launch a Central Bank Digital Currency (CBDC) by 2024.

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