Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan
Hedgehog Markets CEO Kyle DiPeppe (Danny Nelson/CoinDesk)
Binary trading platforms with better performance and payouts
Prediction Markets
Hedgehog Markets CEO Kyle DiPeppe (Danny Nelson/CoinDesk)
The mics likely won’t be muted, the market believes.
U.S. vice president Kamala Harris (Andrew Harnik/Getty Images)
Both parties argue the CFTC’s move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent ‘Chevron’ court ruling limits its power.
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
A major upgrade to Vega’s blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.
Also: the Democrat gains on Trump but hasn’t closed the gap, unlike in polls; Polymarket punters trade on Olympic women’s boxing controversy; Fed will cut rates fast and hard in September, say bettors.
MetaDAO, a Solana experiment in governance by “futarchy,” raised a total of $2.2 million to fund operations.
Traders also are skeptical about China ‘unbanning’ bitcoin
Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)