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Prediction Markets

U.S. Capitol building, Washington, D.C. (Jesse Hamilton/CoinDesk)
Policy
Election 2022
Crypto Predictions Site Polymarket Foresees Republicans Winning Both Senate and House
The site is giving an overall 64% chance to Republicans for taking control of Congress.
U.S. Capitol building, Washington, D.C. (Jesse Hamilton/CoinDesk)
By Amitoj Singh
Oct 27, 2022 at 8:22 a.m. UTC
Oct 27, 2022
Election 2022CryptoPrediction MarketsU.S.
Russian President Vladimir Putin (DimitroSevastopol/Pixabay)
Finance
Polymarket
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.
Russian President Vladimir Putin (DimitroSevastopol/Pixabay)
By Nelson Wang
Oct 19, 2022 at 9:32 p.m. UTC
Oct 19, 2022
PolymarketRussiaPrediction Markets
PredictIt allows traders to wager on the outcome of political events. (Jesse Hamilton/CoinDesk)
Policy
Cftc
Election Betting Site PredictIt Sues to Block CFTC-Ordered Shutdown
The CFTC’s August action calls for the site to be closed for U.S. users by February 15.
PredictIt allows traders to wager on the outcome of political events. (Jesse Hamilton/CoinDesk)
By Nelson Wang
Sep 15, 2022 at 1:27 p.m. UTC
Sep 15, 2022
CFTCPrediction MarketsLawsuitUS
PredictIt, which allows traders to wager on the outcome of political events, has been ordered by the Commodity Futures Trading Commission to shut down U.S. activity in six months. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Popular Election-Betting Site PredictIt Throttled by US Regulator
The site where people can wager on the outcome of political battles has until February to close its U.S. operations, said the CFTC.
PredictIt, which allows traders to wager on the outcome of political events, has been ordered by the Commodity Futures Trading Commission to shut down U.S. activity in six months. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Aug 5, 2022 at 5:23 p.m. UTC
Aug 5, 2022
RegulationsCFTCPrediction Markets
Three men in a betting shop (Image Source/Getty Images, Modified by CoinDesk)
Consensus Magazine (layer2)
Sports week
Is Crypto Sports Betting Ready for the Big Leagues?
Sports bettors eagerly await a blockchain-powered sports betting service with audited smart contracts, user-friendly policies, low commissions and fees – and meaningful volume...
Three men in a betting shop (Image Source/Getty Images, Modified by CoinDesk)
By Xinyi Luo
Jul 26, 2022 at 4:41 p.m. UTC
Jul 26, 2022
Sports WeekSportsBettingPrediction MarketsPolygon
Clay Graubard, Co-Founder, Baserate.io and Andrew Eaddy, Co-Founder, Baserate.io
Consensus Magazine
Consensus 2022
Wanna Bet? Crypto Prediction Markets Could Be a New ‘Source of Truth’
Andrew Eaddy and Clay Graubard made the case for empowering individuals through technology as trust in institutions declines.
Clay Graubard, Co-Founder, Baserate.io and Andrew Eaddy, Co-Founder, Baserate.io
By Xinyi Luo
Jun 11, 2022 at 10:40 p.m. UTC
Jun 11, 2022
Consensus 2022CryptoPrediction Markets
Prediction markets generate more accurate forecasts than other methods. (Bettmann/Getty Images)
Consensus Magazine (layer2)
Consensus 2022
Forecasting, Prediction Markets and the Age of Better Information
Quantified forecasting is an invaluable and yet underused tool, and prediction markets appear a vital tool for its adoption.
Prediction markets generate more accurate forecasts than other methods. (Bettmann/Getty Images)
By Clay GraubardAndrew Eaddy
Jun 4, 2022 at 3:59 p.m. UTC
Jun 4, 2022
Consensus 2022Prediction Markets
(Getty Images/Tetra Images RF)
Finance
Prediction markets
Polymarket Introduces New Information Markets After CFTC Fine, but Not for US Traders
The decentralized predictions marketplace received a $1.4 million fine from the Commodity Futures Trading Commission.
(Getty Images/Tetra Images RF)
By Cheyenne Ligon
Jan 24, 2022 at 8:05 p.m. UTC
Jan 24, 2022
Prediction MarketsCFTCUnited States
(Quino Al/Unsplash)
Markets
Defi
‘Wen Token?’: Polymarket’s New Airdrop Futures Market Has Answers
Speculators can now bet on whether big-name crypto projects will airdrop a native token in Q1 2022.
(Quino Al/Unsplash)
By Tracy Wang
Jan 14, 2022 at 9:32 p.m. UTC
Jan 14, 2022
DeFiPrediction MarketsPolygon