Prediction Market Boom Blurs Line Between Trading and Gambling
The prediction-market moment is here. At its best, the embrace of events-based contracts could represent a new asset-class:…
Prediction markets hit record $2bn volume amid NYC mayoral election betting frenzy – DL News
Prediction markets hit record trading volume.Bets on who will become the next mayor of New York City are…
Shayne Coplan Becomes Youngest Self-Made Billionaire After Polymarket’s $2B Investment: BBG
Shayne Coplan, founder and CEO of the blockchain-based prediction market Polymarket, has become the world’s youngest self-made billionaire,…
Polymarket users lost millions of dollars to ‘bot-like’ bettors over the past year, study finds – DL News
Polymarket arbitrageurs made $40 million in a year, study finds.The biggest accounts appear to be bots.Politics predication markets…