Prediction Markets


Finance

Largest DeFi Prediction Market Polymarket Said to Be Under Investigation by CFTC: Report

The report of the probe comes as the company is said to be in talks to raise money at a nearly $1 billion valuation.

(Unsplash, modified by CoinDesk)

Markets

Solana-Based Prediction Market Uses DeFi Yields to Finance ‘No Loss’ Betting

Hedgehog’s experimental wagers combine prediction markets with stablecoins, decentralized finance and gamification.

(George Chernilevsky/Wikimedia Commons)

Markets

How the Prediction Markets Are Wagering on Canada’s Election

The odds favor a Trudeau reelection but not a Liberal majority, according to prices on blockchain-based Polymarket and centralized platform PredictIt.

Erin O'Toole, leader of Canada's Conservative Party, left, debates Justin Trudeau, Canada's prime minister, during a federal leaders' debate in Gatineau, Quebec, Canada, on Wednesday, Sept. 8, 2021. It will be a tight race between Prime Minister Trudeau and Tory Leader O'Toole as the campaigns enter the final stretch ahead of the Sept. 20 vote, which the Liberals triggered in hopes of regaining the parliamentary majority they lost in 2019's election. (Justin Tang/Canadian Press/Bloomberg via Getty Images)

Finance

Hedgehog Markets Raises $3.5M in Funding Round

The company is testing what will be the first predictions platform on Solana's blockchain.

Hedgehog is the latest dapp to build on Solana.

Markets

Market Opens Betting That Cardano Won't Release Smart Contracts by Oct. 1

The odds are 63-37 against, according to recent trading levels on Polymarket.

Cardano founder Charles Hoskinson

Policy

Prediction Markets Put Eric Adams' NYC Mayoral Bid at 50-50 After 'Dummy Ballot' Snafu

Uncertainty following the Board of Elections' removal of 135,000 ballots has sunk Eric Adams' chances on PredictIt and Polymarket.

Brooklyn borough president and mayoral front-runner Eric Adams speaks to the media on June 24, 2021.

Markets

Why Crypto Whales Love This Prediction Market

Polymarket has grown to do $100 million in total volume. It’s enough to ask – has someone finally found a fit for crypto prediction markets?

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Policy

Internet Deplatforming as Class Warfare

Protecting democracy from misinformation and hate speech? More like preventing everyday people from communicating with each other.

Today's deplatforming activists are the heirs to Terri Rakolta, who pressured sponsors to pull their ads from Fox Broadcasting's 1990s sitcom "Married ... with Children."

Tech

How Crypto Transforms Prediction Markets

Betting can be used to predict the future. That's the crazy idea behind prediction markets. Here's how they work and where cryptocurrency fits into the picture.

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Markets

The 2020 Elections Are Boosting Crypto Prediction Markets

Decentralized betting platforms like Polymarket and YieldWars are seeing accelerated trading volume growth leading up to the 2020 U.S. presidential election.

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