How much do you want to bet that the proliferation of Kalshi is going to make everyone’s lives a little worse? Earlier today, the “prediction market” platform that allows people to “trade contracts” on future events in a way that is somehow legally distinct from gambling announced a partnership with CNN to place odds on […]
Study Finds Around a Quarter of Polymarket Trades Are Fake
If you had the “over” on the bet that over 10% of trades on the predictions market Polymarket are inauthentic, go ahead and cash in that ticket. According to a recent study from researchers at Columbia University, as much as one quarter of all trading volume happening on the platform is “artificial trading.” The researchers […]
Trump Lets Polymarket Off the Hook, Ends Probe Into Crypto Betting Platform
If you bet “Donald Trump ends an investigation into a Peter Thiel-backed cryptocurrency platform,” you can claim your winnings. According to Bloomberg, two investigations into the prediction market Polymarket have been shut down by the Trump administration, just in time for Republican lawmakers’ planned “Crypto Week.” The probes, which were launched toward the end of […]
MoviePass Launches Box Office Betting Platform Unfortunately Tied to Crypto
MoviePass, the service best known for the unsustainable plan to let people see unlimited movies in theaters for a monthly fee, is launching a new fantasy sports-style platform for film buffs. Unfortunately, it’s tied to the blockchain as part of the company’s ongoing shift into the Web3 space. The platform, called Mogul, launched Thursday as […]