Polymarket Trading Explodes as 2024 Election Enters Uncharted Territory
Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)
Polymarket
With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee
Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)
CrowdStrike Outage Could Be Fixed Within the Day, Unlikely Caused by a Hack, Polymarket Bettors Say
Bettors are placing their money on the service being fixed by the end of Friday, with a slight possibility of it happening by mid-day.
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of a victory for the now crypto-friendly Donald Trump slumped.
Biden Dropout Chances Rise to 68% After Covid Diagnosis
President Joe Biden said during an interview that if a medical condition emerged, he’d consider dropping out of the race.
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
As the U.S. presidential election enters its final stretch, crypto-based prediction market platform Polymarket is striking while the iron is hot by hiring popular statistician and writer Nate Silver as an adviser.
Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick
Traders on the crypto-based prediction market now see a 72% chance the former president will retake the White House.
U.S. Secret Service Chief Probably Won’t Be Fired, Polymarket Bets Signal
Plus: Another all-time high for Trump’s odds of victory; bettors think bitcoin will continue its green streak until the end of week.
Trump’s Odds of Victory Hit All-Time High on Polymarket After Shooting
The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 69% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.