Plus: the market is skeptical about Qualcomm's Intel deal; prediction markets were in vogue at Token2049 in Singapore.
Prediction markets were trendy at Token2049.in Manhattan, arguing that she should get supervised release at most owing to her"extraordinary cooperation with the government." Her sentencing hearing is scheduled for Tuesday afternoon in New York.
Traders on Polymarket are betting the court will show mercy, with"yes" shares for"no prison time" trading at 48 cents, meaning the market seesshe'll be released. Each share pays out $1 if the prediction comes true, and nothing if it doesn't.that former Binance CEO Changpeng Zhao would spend less than six months in prison ,Polymarket bettors are only giving this a 13% chance of happening by Oct. 31.
During last week's Token2049 event in Singapore, decentralized exchange dYdX said it plans to launch perpetual futures on prediction markets, which dYdX Foundation CEO Charles d'HaussyDYdX's upcoming entry into prediction markets is expected later this year as part of its major dYdX Unlimited upgrade. Expect more specifics, like the categories of markets, as the launch date gets closer.
The first exchanges to launch these tokens will be Bebop, WOO, and Backpack, but the exact date for the first day of trading isn't yet known.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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