Bitcoin Ethereum Glitch eQuad VEChain ChainLink Elrond Stellar CardanoCryptocurrency Australia
Polymarket has accumulated nearly $1 billion in bets on the United States 2024 presidential election winner.
Data from the platform currently ranks Vice President Kamala Harris, a Democratic presidential candidate, with a 50% chance of winning, backed by $135 million in wagers.
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.
Read more
Democratic nominee Kamala Harris’ winning odds increased following the presidential debate with Republican candidate Donald Trump. As the former US president and the Vice President’s chances tied in the polls, the flagship cryptocurrency’s price saw a mild 1.5% decline.
Read more
What is CryptoSlate Alpha?
A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›
Connected to Alpha
Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below.
Buterin said that the biggest criticism of X’s Community Notes is that they do not appear fast enough.
Read more
The move signals the crypto betting market’s growing importance.
Read more
Solana-based prediction market BET has hit a new milestone of $20 million in its daily volume, according to Dune Analytics data.
However, a deeper look reveals a downward trend in BET’s trade count over the past three days, raising questions about how the $20 million volume was achieved.
Most crypto bettors on Polymarket, a decentralized prediction marketplace, do not expect the detained Telegram CEO, Pavel Durov, to be released this month.
Data from Polymarket indicates only a 39% chance of Durov’s release in August, with shares trading at 39 cents at press time.
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
Read more
DeFi protocol Drift has launched a prediction market called BET on the Solana blockchain, according to an Aug. 19 statement.
Drift Protocol co-founder Cindy Leow likened BET’s prediction market to perpetual trading.