When Andrew needed money for a flight with friends to Greece this summer, the 18-year-old high school senior turned to prediction markets.
Artificial intelligence (AI) is one of the most important technological advancements of the modern era, reshaping not only how we work but also how we make decisions.In cryptocurrency markets, which ...
Prediction markets are under new scrutiny from Congress as lawmakers mull a ban on members betting on the platforms.
Billions of dollars are changing hands each week on prediction markets, sites whose popularity is exploding and that allow users to essentially make trades between users.
Opinion: Online prediction markets has exponentially increased the risks of government insider trading and corruption, leaving states and the federal government scrambling to stop it. The danger to ...
Interactive Brokers IBKR-1.16%decrease; red down pointing triangle is launching a platform where users can place yes-or-no bets through Kalshi, CME Group CME 0.29%increase; green up pointing triangle ...
Consider a pension fund with significant exposure to energy infrastructure assets whose value swings sharply depending on which party controls the White House. The fund’s treasurer isn’t making a ...
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.
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Prediction markets' manipulation problem deepens
Concerns over manipulation in prediction markets are intensifying as regulators step up scrutiny across multiple jurisdictions. Reports from France suggest rare cases of physical interference linked ...
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