Prediction markets like Kalshi face mounting regulatory pressure, including a temporary ban in Nevada and criminal charges in Arizona. The controversy centers on ethical concerns that these platforms could be used to manipulate democratic processes rather than simply predicting outcomes.
Jessy·
Polymarket has entered into a major partnership with Major League Baseball in March 2026, marking a significant step for prediction markets into the mainstream. However, this expansion is met with growing political opposition and regulatory scrutiny from the CFTC and former government officials concerned about market manipulation. As news organizations begin to integrate these markets as data sources, the industry faces critical questions regarding its legal status and ethical impact.
Jessy·
The military conflict in Iran has caused major tech disruptions: massive internet outages in Iran, GPS spoofing affecting 1,100 ships, and a $529 million speculative surge on prediction market Polymarket.
Kenji·
The Iran-US crisis has triggered a massive tech-driven fallout, with Polymarket seeing $529M in conflict bets and Iranian prayer apps being hacked to send 'surrender' messages. Social media platforms like X struggle with a surge of disinformation as technology becomes a central pillar of modern PSYOPS.
Kenji·
During the U.S. and Israeli strikes on Iran, digital platforms became a key battlefield. X was flooded with disinformation, while a hacked Iranian prayer app sent psychological warfare messages to users. Meanwhile, Polymarket faced backlash for allowing users to bet on the conflict's outcome.
Kenji·