Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket

Prediction markets are having a moment. After Joe Biden's halting debate performance last month led to speculation that he might drop out of the race, the blockchain prediction market Polymarket – where users had already been betting on the incumbent's election odds – became a

Now, the Coinbase Ventures-backed Vega network is joining the competitive fray with its own betting-focused upgrade. Vega, a blockchain and decentralized exchange that uses the, is one of a number of crypto platforms focused on perpetual futures – a tool for speculating on future asset prices. At least initially, Vega's prediction market will differ from Polymarket's in that it will be more of an open framework than a fully fleshed betting app. Vega will continue to look like a conventional decentralized crypto exchange: Users will be able to trade assets like normal, with the only difference being that some of those assets will now proxy as prediction bets.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Coinbase’s 2Q earnings preview: Another blowout quarter expectedFind out what to expect from Coinbase’s Q2 results, how it will affect Coinbase’s share price and how to trade Coinbase’s earnings.
Källa: DailyFX - 🏆 305. / 63 Läs mer »

Coinbase potentially set to launch tokenized money-market fund following BlackRock's successCoinbase's management arm, Coinbase Asset Management, is allegedly planning to launch its Real-World tokenized money-market fund, according to a new report on Wednesday.
Källa: FXStreetNews - 🏆 14. / 72 Läs mer »