📰 News: Meta is testing a prediction-market app
🔹 Meta has started testing a prediction-market app called "Takes" with its employees, according to the Wall Street Journal (via The Block, Nov 14)
🔹 Staff bet points called "cred," not real money, and win or lose points on their predictions
🔹 The project was first reported in June under the name "Arena." The app isn't public, and it's unclear if Meta will release it
Also in this week's news:
🔹 The US Justice Department seized cloud servers used by a scheme called "FaceStealer," which the FBI says caused more than 400M USD in crypto theft over 18 months
🔹 Two long-dormant addresses moved 100 BTC on Nov 13 as Bitcoin fell below 69,000 (The Block)
Why it matters: prediction markets keep pulling in big tech and finance names. If a company with billions of users ever adds real money, it could bring a lot of new people to on-chain style markets.
Would you use a prediction app from Meta? 👇
📷 Photo: Conny Schneider / Unsplash
🔹 Meta has started testing a prediction-market app called "Takes" with its employees, according to the Wall Street Journal (via The Block, Nov 14)
🔹 Staff bet points called "cred," not real money, and win or lose points on their predictions
🔹 The project was first reported in June under the name "Arena." The app isn't public, and it's unclear if Meta will release it
Also in this week's news:
🔹 The US Justice Department seized cloud servers used by a scheme called "FaceStealer," which the FBI says caused more than 400M USD in crypto theft over 18 months
🔹 Two long-dormant addresses moved 100 BTC on Nov 13 as Bitcoin fell below 69,000 (The Block)
Why it matters: prediction markets keep pulling in big tech and finance names. If a company with billions of users ever adds real money, it could bring a lot of new people to on-chain style markets.
Would you use a prediction app from Meta? 👇
📷 Photo: Conny Schneider / Unsplash
