Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people familiar with the matter.
ETH price hangs in the balance as a fresh wave of liquidations pressure the altcoin and spillover from Bitcoin’s struggles to hold $62,000 impact investor sentiment.
The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.