Prediction Markets
Event-contract and prediction market platforms.
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Prediction market pays news networks to launder gambling as analysis
Popular Information and Public Notice report that CNN and CNBC have been heavily promoting Kalshi prediction markets while inconsistently disclosing that Kalshi is not just a questionable source but a business partner. CNN and CNBC are not just glancing at Ka…
Prediction markets paragraphs to ponder
The oracle is an elaborate Web 3.0 contraption that combines cryptocurrency, voting and game theory in its goal to produce fair judgments. It’s billed by its creators, a company based in Manhattan called Risk Labs, as a “decentralized truth machine.” But for …
Meta Is Building a Prediction Markets App to Challenge Polymarket and Kalshi
The Trump family and federal prosecutors have had their eyes on the industry, too.
Mark Zuckerberg Directed Meta To Create a Prediction Markets App
An anonymous reader quotes a report from the New York Times: Mr. Zuckerberg, the chief executive of Meta, recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, two employees with knowledge of the matter s…
Zuckerberg reportedly wants a Polymarket clone — but without real money
Meta CEO Mark Zuckerberg has tasked a small team at the company with making an app that works like the prediction markets Polymarket and Kalshi, according to The New York Times. The app, internally called "Arena" won't let users wager real money, but instead …