Prediction Market Kalshi to Supply Price Data for Crypto Oracle Stork

Prediction market platform Kalshi has agreed to supply price feeds to blockchain oracle service Stork.

The tie-up is another sign of growing enthusiasm, in crypto and adjacent circles, for prediction markets following the breakout success of Polymarket, whose crypto-based platform has seen, a type of derivative contract that has no expiration date. Historically,"perps" have mostly been leveraged bets on cryptocurrency prices, but Kalshi's data will enable such derivatives on the probabilities of a wide range of real-world events.

If, for example, an oracle service settles disputes by a vote of token holders and a group of them collude,"they can just choose to resolve markets however they want and pay themselves out with everyone's money," Such said."It's really, really difficult and a long process to achieve sufficient decentralization in that regard."

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Activist Group Says Kalshi’s Election Market Should Be Shut Due to 'Manipulative' WhalesMarc Hochstein is CoinDesk's Deputy Editor-in-Chief for Features, Opinion, Ethics and Standards. He holds BTC above CoinDesk's disclosure threshold of $1K and de minimis amounts of other digital assets (details in bio).
La source: CoinDesk - 🏆 291. / 63 Lire la suite »

Ethereum Price Prediction: Bulls Continue to Control the MarketThe Ethereum price is on the rise after breaking through the $2,499 level. This bullish momentum could lead to a test of the $66,450 resistance if buyers maintain control throughout the day. Additionally, traders should watch the $0.5444 level for potential breakout in other cryptocurrencies.
La source: Utoday_en - 🏆 295. / 63 Lire la suite »

No, Polymarket Whales Aren't Evidence of Prediction Market ManipulationAubrey Strobel is the host of The Aubservation podcast, and an advisor to Lolli and Trust Machines.
La source: CoinDesk - 🏆 291. / 63 Lire la suite »

Kamala Harris' Chances of Winning Election Plunge in Prediction MarketAccording to Nate Silver, despite a surge in odds for the former president, the race remains a tossup.
La source: Newsweek - 🏆 468. / 52 Lire la suite »