Max Meizlish and I argued in these pages in February that prediction markets had become an intelligence asset, vulnerable to insider trading by those with classified knowledge of future events. Two ...
Gen Z and millennials are far more likely to get into prediction markets than their elders, but there's a good chance many aren't making money on the platforms. Nearly a third of Gen Zers (32%) and ...
The Senate unanimously agreed to a resolution Thursday barring its members from trading on prediction markets in the face of growing concerns about insider trading on the platforms. The resolution, ...
Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...
A soldier betting on an operation to oust Venezuela's leader. Politicians gambling on their own elections. Massive bets on the president announcing a ceasefire with Iran right before he actually did.
While prediction markets are booming – allowing anyone to bet on nearly everything from sports to elections to who’s going to win season 50 of “Survivor” – the little-known federal agency that ...
In a world where trust in information is breaking down, prediction markets offer a model for truth discovery backed by capital, not opinion. Beyond their early traction in sports, we believe ...
Polymarket takes over a local bar for a pop-up experience in D.C. on March 20. (Alex Kent/For the Washington Post) Prediction markets are not a new idea. They existed five centuries ago, when people ...
Some state employees have been officially banned from insider trading on prediction markets. Governors have signed executive orders clamping down on it in New York, Illinois, and California. "Getting ...
NBA playoffs fans will get the treat of the Minnesota Timberwolves and the Denver Nuggets for the third time in four years. The two Western Conference foes have played an incredible 29 times over the ...
Have you noticed a lot of young people getting into antenna-maxxing as alpha? Or, maybe searching for any bit of copium after they fat-fingered and got rinsed? Or maybe they farmed during a yes-fest ...