Polymarket


Tech

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.

The rise of blockchain-based prediction markets has turned clairvoyance into a gambling activity. (Tomasz Lusiak/Creative Commons)

Markets

Kamala Harris, Donald Trump Tied on Polymarket on Who Will Be The Next U.S. President

Donald Trump's chances of winning the 2024 election have declined 13 percentage points in the last month.

Bitcoin Nashville attendees queued up early on Saturday to get into the conference venue, Music City Center, ahead of former President Donald Trump's speech (Bradley Keoun)

News Analysis

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.

AMBLER, PENNSYLVANIA - JULY 29: Pennsylvania Governor Josh Shapiro speaks during a campaign rally for Vice President Kamala Harris on July 29, 2024 in Ambler, Pennsylvania. Shapiro and Michigan Governor Gretchen Whitmer campaigned to bring supporters behind Vice President Harris's campaign to protect Americans' freedoms, lower costs for families, and slam Trump's Project 2025 agenda. (Photo by Hannah Beier/Getty Images)

Videos

Polymarket Whales Favor Trump in 2024 Election; U.S. Government Moves $2B of 'Silk Road' Bitcoin

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket whales are putting their bags on Donald Trump winning the upcoming election. Plus, BTC price falls after the U.S. government moves $2 billion worth of seized bitcoin and the Bank of England said it plans to carry out a series of CBDC and digital ledger experiments.

Recent Videos

Markets

Polymarket Whales Favor Trump as Election Betting Surges Past $400M

Traders also are skeptical about China 'unbanning' bitcoin

Bitcoin Nashville attendees queued up early on Saturday to get into the conference venue, Music City Center, ahead of former President Donald Trump's speech (Bradley Keoun)

Markets

Crypto Exchange D8X to Bring Tool for Trading Polymarket Contracts With Leverage

D8X Co-Founder Caspar Sauter explained in an interview that leverage is the missing part of the prediction markets economy, as it allows for higher market efficiency.

Cubes Blocks Leverage (Shutterstock)

Videos

Biden's Exit Spurs $28M Daily Volume on Polymarket; Swan Bitcoin Drops IPO Plans

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as President Joe Biden’s decision to drop out from the Presidential race fueled a surge in Polymarket volume. Plus, Arkham Intelligence data shows that the U.S. government has transferred 58.742 bitcoin worth nearly $4 million to Coinbase and Swan Bitcoin has pulled its plan to take the company public.

Recent Videos

Markets

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.

Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)

Markets

Polymarket Bettors Put Nearly $80M on Biden's Democratic Chances

Market data shows Polymarket bettors called Biden's drop out hours before it was announced.

The market ponders Joe Biden's future (Jon Tyson/Unsplash)

Policy

With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee

Vice President Kamala Harris is in the strongest position after Biden's departure.

Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)