Underdog Partners with Zerohash to Enable 24/7 Crypto Funding for Prediction Markets
Underdog's new collaboration with Zerohash will allow users to fund prediction market accounts using cryptocurrencies at any time.
Underdog's new collaboration with Zerohash will allow users to fund prediction market accounts using cryptocurrencies at any time. This is an original TLT brief synthesising 2 outlets (Cryptopolitan, Cointelegraph), plus live market data, as of Thu, 22 Oct 2026 23:00:05 UTC.
This development marks a significant step in integrating cryptocurrencies into prediction markets, offering users more flexibility and potentially expanding participation beyond traditional banking hours. It leverages blockchain technology to provide continuous access to funding, which could transform how users engage with prediction platforms.
- Underdog partners with Zerohash to enable crypto funding for prediction markets.
- Users can deposit stablecoins and other cryptocurrencies 24/7.
- The service is expected to launch later this year.
- Market cap $2.8T; Bitcoin down 3.84% in 24 hours.
Cryptopolitan and Cointelegraph both report that Underdog is collaborating with Zerohash to enable cryptocurrency funding for prediction market accounts. They agree that this will allow users to deposit stablecoins and other digital assets around the clock, with the service expected to launch later in 2023. However, Cryptopolitan provides additional context about the announcement being made at the NEXTPredict NYC Summit, which Cointelegraph does not mention.
Underdog, a prediction market platform, has announced a partnership with Zerohash to enable cryptocurrency funding for its users. This collaboration will allow eligible customers to deposit stablecoins and other digital assets directly into their prediction market accounts.
The new funding option is designed to provide users with greater flexibility by allowing deposits 24/7, regardless of traditional banking hours. This is expected to make the platform more accessible and convenient for users who prefer to use cryptocurrencies.
According to Cryptopolitan and Cointelegraph, the service is set to launch later in 2023. Cryptopolitan further notes that the announcement was made at the NEXTPredict NYC Summit, highlighting the platform's commitment to innovation in the prediction market space.
This development comes at a time when the total cryptocurrency market cap stands at $2.8 trillion, although the market is currently experiencing a downturn.
Bitcoin, the largest cryptocurrency by market cap, is down 3.84% in the last 24 hours, according to current market data.
The Fear & Greed Index is at 68, indicating a state of 'Greed' in the market. Despite the overall market trend, this partnership could attract more users to Underdog's platform, particularly those who are already active in the cryptocurrency space.
Underdog Partners with Zerohash to Enable 24/7 Crypto Fundin — questions & answers
What is the benefit of using cryptocurrencies for prediction market funding?
Cryptocurrency funding allows for 24/7 transactions, bypassing traditional banking hours and providing more flexibility to users.
When will the new funding option be available?
The service is expected to launch later in 2023.
Which cryptocurrencies can users deposit?
Users can deposit stablecoins and other cryptocurrencies, although specific coins are not named in the coverage.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cryptopolitan, Cointelegraph, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.