A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Billions of dollars are changing hands each week on prediction markets, sites whose ...
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 ...
Though Bitcoin might currently be trading 40% lower than its record high price, the asset manager is still bullish on the leading cryptocurrency. Christopher Jensen, the director of digital asset ...
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 ...
The top-seeded Oklahoma City Thunder look to complete the four-game sweep when they visit the eighth-seeded Phoenix Suns in Game 4 of their Western Conference first-round playoff matchup on Monday ...
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 ...
The indictment of a soldier who bet on the U.S. operation to capture President Nicolás Maduro of Venezuela put renewed focus on a new way to gamble, and a new way to cheat. By Victor Mather Prediction ...
If you feel like you’ve been repeatedly punched in the face by events over the past few years, you’re not alone. “The world today is more complex than before, characterized by traits that include ...
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 ...
Charles Schwab and Citadel Securities executives have both aired early interest in getting involved in prediction markets, but are looking to steer clear of sports offerings. Traditional finance ...
A dangerous, unregulated form of gambling that allows for degenerate betting on real events, unfettered by the economic and legal rules that keep stock markets and sports betting in check, creating an ...
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