Search Results: PredictionMarkets

A newly discovered manuscript from 2043 reveals a chilling prophecy: prediction markets evolving from forecasting tools into reality-bending systems that shape human behavior through probabilistic manipulation.

Columbia University researchers uncovered that approximately 25% of trading volume on leading prediction market Polymarket over the past three years stemmed from artificial 'wash trading'. This manipulation, where users rapidly buy and sell the same contracts to inflate activity, poses significant questions about market integrity and the reliability of decentralized prediction platforms.

Platforms like Kalshi and Polymarket are attracting billions in trades on everything from elections to celebrity gossip, operating in a regulatory gray zone between financial markets and gambling. As the CFTC struggles to apply decades-old derivatives rules to these retail-focused prediction markets, critical questions about market manipulation, consumer protection, and election integrity remain unanswered.