Coinbase CEO Stunt Exposes Prediction Market Vulnerability
When Coinbase Global Inc.’s quarterly earnings call wrapped up Thursday, its chief executive, Brian Armstrong, didn’t finish with profit guidance or statements of confidence. He closed it out with a list: “Bitcoin, Ethereum, blockchain, staking and Web3.” Those weren’t random buzzwords. They were part of an $84,
Prediction Markets Boom as Volumes Surpass 2024 Election
The trading volume on the leading prediction markets platforms, Polymarket and Kalshi, has hit a new record high, surpassing the previous peak reached during the US presidential election last year. The recent jump in trading activity offers one of the clearest indications yet of the growing excitement around the exchanges
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