A New Prediction Market Raises $3M in Pre-Seed Round Led by 1confirmation
Unlike industry leader Polymarket, Limitless Network isn’t focusing on the election. It’s carving out a niche with contracts that expire quickly and user-created markets.
Election 2024
Trump’s Crypto Gambit: What We Know About Today’s Launch of World Liberty Financial
Screen grab from Trump’s teaser of the new World Liberty Financial crypto company (Rug Radio, modified by CoinDesk using PhotoMosh)
Sen. Elizabeth Warren’s Pro-Crypto Opponent, John Deaton, Has a Plan to Beat Her
Defeating U.S. Sen. Elizabeth Warren (D-Mass.), a national hero in progressive circles, seems a stretch for a relatively little-known Republican in the liberal bastion of Massachusetts. But candidate John Deaton, known among crypto fans for his legal advocacy, says it can be done by leveraging the concerns of people in that state.
‘An Explosion of Election Gambling’ Is Nigh, CFTC Warns Appeals Court
The regulator pleaded with the court to halt Kalshi’s political prediction markets for the duration of the CFTC’s appeal.
Even Temporarily Blocking Election Contracts Risks ‘Irreparable’ Harm, Kalshi Argues
Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission’s move to block its new election contracts, saying they would harm the company.
U.S. Political Prediction Markets: Why Kalshi’s Court Victory Matters
If it turns out that the judge’s ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.
Kalshi Lists Election Contracts After Defeating CFTC in Court
The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts.
U.S. Election Betting: What’s at Stake in Final (?) CFTC-Kalshi Showdown
Here’s how to listen to Thursday’s hearing in the closely watched federal court case over political prediction markets, and why it matters.
Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered
Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.
The Protocol: Polymarket Bets Pay Off as Memecoin Memorializes ‘Dwebate’
Crypto wasn’t even mentioned during Tuesday’s U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel universe of often-ridiculous trading around the faceoff – taking place on blockchain-based prediction markets and memecoin launchpads.