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Prediction Markets
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.
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
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.
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.
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.
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.
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.
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.
Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick
With a millennial running mate, the former president now has a 72% chance of retaking the White House, traders on the crypto-based prediction market are signaling.
U.S. Secret Service Chief Probably Won't Be Fired, Polymarket Bets Signal
The shooting at Trump's rally created severe concerns with the Secret Service's planning. Plus: Another all-time high for Trump's odds of victory; bettors think BTC will continue green streak until end of week.
