الأعمال والاقتصاد

Prediction market bettors are the new political pundits. Why are we listening to them? | Judith Levine

المصدر: Business | The Guardian · نُشر

Prediction market bettors are the new political pundits. Why are we listening to them? | Judith Levine
المصدر: Business | The Guardian

Sites like Kalshi and Polymarket offer faux populism as elites reap the benefits – and voters risk being misled Online betting is a bit like Donald Trump. The prediction markets – platforms where users bet on whether events will occur – pretend to be populist, pushing the nabobs

Sites like Kalshi and Polymarket offer faux populism as elites reap the benefits – and voters risk being misled Online betting is a bit like Donald Trump. The prediction markets – platforms where users bet on whether events will occur – pretend to be populist, pushing the nabobs aside and representing the “wisdom of the crowd”. “This data is bottom-up, not elites-driven,” a Kalshi ​spokesperson told Reuters .

But in fact, the markets are controlled by a few, skillful traders. Continue reading...

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Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live
الأعمال والاقتصاد

Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live

Rolling coverage of the latest economic and financial news Yi He, co-founder of Binance, has said that its top priority is to “ensure the environment is secure, after which users can withdraw their funds and Binance can resume operations.” She rejected comparisons with collapsed

Business | The Guardian ·