Bitfinex is looking to turn to the forecast market

Bitfinex and Tether's chief technology officer Paolo Ardoino said in this week's The Scoop show that Bitfinex is looking to turn to the forecast market. The company is currently narrowing the scope of the project for quick tracking. The forecast market will allow users to bet on the outcome of the event, including price changes and direct results of real-world events. Ardoino further stated: "Despite this, we don't like gambling, so this will be a purely legal forecasting market system."