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Fragile US-Iran Ceasefire Under Pressure Amid Lebanon Strikes and NATO Tensions
WorldAPReutersBBC+101bloombergNYTeconomistwsjFTle-mondewapoThe Guardian+93 more4d ago104 sources

Fragile US-Iran Ceasefire Under Pressure Amid Lebanon Strikes and NATO Tensions

A fragile two-week ceasefire between the US and Iran is facing significant challenges, primarily due to ongoing Israeli strikes in Lebanon, which Iran argues are a violation of the truce. Disagreements over whether Lebanon was included in the ceasefire terms have led to confusion and threats of withdrawal, while US President Trump has also used the situation to criticize NATO allies for their perceived lack of support.

Trump threatens to strike Iran's infrastructure if Strait of Hormuz isn't reopened
WorldReutersBBCbloomberg+57NYTwsjle-mondeThe GuardianNPRAl JazeeraCNNFox News+49 more7d ago60 sources

Trump threatens to strike Iran's infrastructure if Strait of Hormuz isn't reopened

US President Donald Trump on Sunday stepped up his threat to hit Iran's critical infrastructure hard if the country's government doesn’t reopen the Strait of Hormuz by his Monday deadline. Trump punctuated his threat with profanity in a social media post Sunday, saying that Tuesday will be “Power Plant Day, and Bridge Day, all wrapped up in one, in Iran.” He also offered details of the rescue of a “seriously wounded and really brave” US service member he identified as a “respected colonel” who w

Polymarket's New DC 'Situation Room' Bar Lets Patrons Sip Old Fashioneds And Monitor WW3 Headlines
Worldzerohedge25d ago

Polymarket's New DC 'Situation Room' Bar Lets Patrons Sip Old Fashioneds And Monitor WW3 Headlines

Polymarket's New DC 'Situation Room' Bar Lets Patrons Sip Old Fashioneds And Monitor WW3 Headlines Polymarket, the crypto-based prediction market, announced on X the grand opening of “The Situation Room” in Washington, D.C., a bar where patrons can sip Moscow Mules, Old Fashioneds, or beer (preferably not Bud Light, perhaps a local IPA like Dogfish) while monitoring X feeds, Bloomberg terminals, and Polymarket bets on wall-mounted televisions. "We're excited to announce 'The Sit...

Technologypublico25d ago

Prediction Market Founders Clash Over Industry Future

The founders of Polymarket and Kalshi, the two largest prediction markets globally, are reported to 'hate each other' and hold opposing views on how the multi-billion dollar industry should grow, despite their companies' significant valuations.

Polymarket Removes Nuclear Detonation Betting Market After Backlash
Worldmorocco-world-news1mo ago

Polymarket Removes Nuclear Detonation Betting Market After Backlash

Rabat – Prediction market platform Polymarket has removed a contract that allowed users to bet on whether a nuclear weapon would be detonated in 2026, following criticism over markets tied to war and mass violence. The contract, which was titled “Nuclear weapon detonation by…?”, has now been archived. Visitors to the page are met with […] The post Polymarket Removes Nuclear Detonation Betting Market After Backlash appeared first on Morocco World News.

Polymarket takes down nuclear detonation bet after online backlash
WorldBusiness Insider1mo ago

Polymarket takes down nuclear detonation bet after online backlash

The prediction market would've paid out to traders if a nuclear weapon had been detonated anywhere in the world before a specific date. Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images Polymarket was allowing traders to wager on whether a nuclear weapon would detonate this year. That stirred backlash online, particularly after suspicious trading in the wake of the Iran strikes. The market has now been taken down. If you were looking to make money on nuclear detonations,...

Young Men Lose Thousands in Prediction Markets
FinanceeconomistBusiness InsiderYahoo1mo ago3 sources

Young Men Lose Thousands in Prediction Markets

Two young men describe losing thousands of dollars on prediction market platforms Kalshi and Polymarket, highlighting the risks associated with these increasingly popular platforms.

Nevada sues Kalshi as federal regulators say back off
BusinessBusiness Insider1mo ago

Nevada sues Kalshi as federal regulators say back off

Kalshi's website Thomas Fuller/NurPhoto via Getty Images Nevada regulators sued Kalshi, saying its markets are actually illegal sports gambling. The suit was filed just as the Trump administration sided with prediction markets. Other states have also sued Kalshi, and many legal observers expect the Supreme Court to weigh in. Nevada gambling regulators sued the prediction markets company Kalshi on Tuesday, saying the platform's rapid growth forced their hand. The Nevada Gaming Control Board and the state attorney general sued in Carson City District Court shortly after a federal appeals court rejected a request by Kalshi to stop the state from taking action. The state is seeking an order to stop Kalshi, the country's largest prediction market, from operating what it sees as an unlicensed sports betting operation. "Kalshi has continued to dramatically expand its business, rather than attempting to maintain any kind of status quo," Nevada authorities said in a letter earlier this month. The regulators emphasized that Kalshi has grown rapidly, doing 27 times as much business on Super Bowl Sunday this year compared to the year before. Meanwhile, regulated Nevada gambling operations saw their business shrink, the state said. A Kalshi spokesperson declined to comment on Tuesday afternoon, but the company swiftly asked a federal court to take over the new state case. They argued that only federal law applies to prediction markets, and that the new state enforcement action turns on the same questions that federal courts are already considering. Kalshi has said that its markets are "event contracts," a financial instrument regulated by the Commodities Futures Trading Commission. The CFTC on Tuesday sided with another events-contracts company that is fighting with Nevada regulators, and its chairman, Michael Selig, filmed a video statement defending the new platforms. "Today, the CFTC is taking an important step to ensure that these markets have a place here in America," Selig said. "To those who seek to challenge our authority in this space, let me be clear: we will see you in court." Economists and political scientists have long been fascinated by prediction markets as a way to channel the so-called wisdom of the crowds. They were generally a niche activity until the 2024 US presidential election, when people wagered millions of dollars on sites like Polymarket. Since the election, sports and cryptocurrency speculation have become the dominant markets. Today, more than 90% of the money that flows through Kalshi's platform is staked on sports-related events, and the growth of platforms like Kalshi has spurred traditional sportsbooks like FanDuel and DraftKings to create their prediction markets to take advantage of the light-touch regulation and lower taxes they offer. Legal battles are pending on the East Coast as well, with regulators in Maryland and New Jersey having clashed with prediction markets. Attorneys and other industry commentators have said they expect the Supreme Court to eventually weigh in on the legality of sports contracts on prediction markets. Read the original article on Business Insider

Surging prediction markets face legal backlash in US: ‘Lines have been blurred’
BusinessThe Guardian1mo ago

Surging prediction markets face legal backlash in US: ‘Lines have been blurred’

At least 20 federal suits filed against companies like Kalshi and Polymarket as lawmakers call it ‘loophole’ for gambling State lawmakers and gaming regulators across the US are escalating their fight against prediction markets, arguing that the fast-growing platforms are “basically gambling but with another name”. At least 20 federal lawsuits have been filed nationwide, disputing whether companies such as Kalshi and Polymarket should be treated as federally regulated financial exchanges, as they maintain, or as gambling operations that should be regulated like state-licensed sportsbooks. Continue reading...

Polymarket: The Platform for Betting on Global Events
Worldil-sole-24-ore2d ago

Polymarket: The Platform for Betting on Global Events

The article explains how Polymarket, a platform where anyone can place bets on various events, operates, citing examples such as wars, referendums, and even the probability of finding the Titan submersible.

Search Continues for Missing US Pilot in Iran After Jet Shot Down
WorldReutersBBCbloomberg+60NYTwsjFTThe GuardianNPRFox Newsyle-uutisetcbc+52 more8d ago63 sources

Search Continues for Missing US Pilot in Iran After Jet Shot Down

The search for the missing American pilot from a US fighter jet shot down by Iran continues into its second day, with the pilot rescued but the whereabouts of the weapons systems officer still unclear.

Jazz Musician Chuck Redd Seeks Dismissal of 'Trump Kennedy Center' Lawsuit
CultureAPBBCNYT+13wapoThe GuardianNPRCNNnzzder-standarddigi24Yahoo+5 more16d ago16 sources

Jazz Musician Chuck Redd Seeks Dismissal of 'Trump Kennedy Center' Lawsuit

Jazz musician Chuck Redd has asked a judge to dismiss a lawsuit filed against him by the 'Trump Kennedy Center' after he canceled a Christmas Eve 2025 concert in protest of the cultural institution's renaming, calling the case 'retaliatory'.

Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations
WorldReutersBBCbloomberg+57economistwsjFTThe GuardianAl JazeeraCNNFox Newsnrk+49 more18d ago60 sources

Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations

Tehran has rejected reports of direct talks with the US, instead laying out its own terms to end the conflict, while the White House acknowledges 'elements of truth' to Washington offering a peace plan, further complicating ongoing back-channel diplomacy. Gold prices have held gains following reports of US negotiations aimed at ending the Iran War.

Two killed near Tel Aviv after Iranian missile launches
WorldThe Guardianukrainska-pravdaberlingske+14delfi-ltn1-serbiapolitikenhinduhindustan-timesstraits-timesdanasn1-bih+6 more25d ago17 sources

Two killed near Tel Aviv after Iranian missile launches

Two people were killed near Tel Aviv after Iranian missile launches, with emergency responders finding the patients in serious condition and police confirming reports of munition fragments in the Tel Aviv District.

Toulon Municipal Elections: Republican Front Forms Against RN Candidate
Politicsle-figaro26d ago

Toulon Municipal Elections: Republican Front Forms Against RN Candidate

In Toulon's municipal elections, a 'republican front' is forming against National Rally candidate Laure Lavalette, with the LR candidate withdrawing in favor of the incumbent Josée Massi, while online bettors are also placing significant wagers on the outcomes of various French municipal races.

Kalshi, Polymarket Eye $20B Valuations In Potential Fundraising: WSJ
Businesszerohedge1mo ago

Kalshi, Polymarket Eye $20B Valuations In Potential Fundraising: WSJ

Kalshi, Polymarket Eye $20B Valuations In Potential Fundraising: WSJ Authored by Amin Haqshanas via CoinTelegraph.com, Prediction market platforms Kalshi and Polymarket are reportedly exploring new fundraising rounds that could value the companies at around $20 billion each, roughly double their most recent valuations. Both platforms have held preliminary discussions with potential investors about raising fresh capital at the elevated valuation, the Wall Street Journal report...

Jake Paul says Sam Altman taught him the value of a 15-minute meeting
BusinessBusiness Insider1mo ago

Jake Paul says Sam Altman taught him the value of a 15-minute meeting

Jake Paul said he bonded with Sam Altman over a love of "fast cars." Mandel Ngan/AFP/Getty Images; Gerrit van Keulen/Soccrates/Getty Images Jake Paul said that OpenAI CEO Sam Altman taught him to be "hella productive" with 15-minute meetings. "Time is the most valuable thing, and it's the only reason you can't accomplish more," Paul said on "Sourcery." Paul said that he met Altman at President Donald Trump's inauguration. His fund later invested in OpenAI. Jake Paul was a firebrand YouTuber. Then he was an NFT merchant, and a betting site operator. Now, Paul is a professional boxer — and venture capitalist. And he's learning from one of the biggest names in tech. On "Sourcery," Paul said that he met OpenAI CEO Sam Altman while sitting next to each other at President Donald Trump's inauguration. "Sam likes fast cars, and so do I," Paul said. "So, we just started talking about cars, and then we got along, and that was really it." Paul's Anti Fund — which is also led by his brother Logan and longtime founder Geoffrey Woo — invested in OpenAI in 2025. The biggest lesson he's learned from Altman is efficiency, Paul said. He described the quick-and-tidy meetings that Altman runs. The OpenAI CEO "walks into the room, sits down, let's get right into the conversation, boom boom boom," he said. In 15 minutes alone, Altman was "hella productive," Paul said. Then, Altman can go on to his next meeting and do it all over again. "We'll do hourlong meetings or calls and just waste time," Paul said. "I think that was inspiring because time is the most valuable thing, and it's the only reason you can't accomplish more." Indeed, Altman has long opted for the 15-minute meeting. In a 2018 blog post, he wrote that the ideal meeting time is either around 15 to 20 minutes or 2 hours, but "the default of 1 hour is usually wrong." Paul has worked closely with OpenAI in the last year, beyond participating in fundraising. Remember all of those strange Paul memes running around the internet during the Sora 2 launch? They were by design. Paul said he helped consult on the project and was one of the first to sign over his name, image, and likeness. Woo also appeared on the podcast, and spelled out the thinking behind those far-out memes (such as an AI Paul declaring he was gay). "It was not something that was like, 'Hey, Jake Paul is now gay.' Jake was thoughtful in terms of why we were part of that launch." Woo also said that he had formed a good friendship with Altman and Mark Chen, OpenAI's chief research officer. For the Sora 2 launch, Paul said that he had "regular calls" with OpenAI and offered "super detailed consulting." "Me and my brother have however many years combined of social media experience since the beginning," Paul said. "We were there when the term 'influencer' was even made up." This background, Paul said, helped him give good advice on what OpenAI's social media-like interface should look like. He advised on both what creators and audiences wanted, he said. Anti Fund closed its $30 million fund in September. Other investments include defense tech startup Anduril and prediction market Polymarket. Woo said their ties to OpenAI remain strong. "We were just at OpenAI for three hours looking for other ways to collaborate," he said. "Things might be cooking." Read the original article on Business Insider

Pete Hegseth's Broker Investigated for Potential Investment in Defense Firms Before Iran Attack Amidst Broader Insider Trading Allegations
Financefazle-figaroder-standard+6el-mundola-vanguardiaTimes of IndiaNew Statesmandanasklix-ba12d ago9 sources

Pete Hegseth's Broker Investigated for Potential Investment in Defense Firms Before Iran Attack Amidst Broader Insider Trading Allegations

Reports suggest that Pete Hegseth's broker may have attempted to invest millions in defense companies shortly before the attack on Iran, drawing attention from American investigators. These allegations are part of broader concerns about political insider trading amidst the ongoing conflict.

NYSE Parent Company Finalizes $1.6 Billion Polymarket Investment
TechnologyReutersYahoochannel-news-asia+1seeking-alpha16d ago4 sources

NYSE Parent Company Finalizes $1.6 Billion Polymarket Investment

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has finalized its investment in Polymarket, bringing the total to $1.6 billion, confirming its significant stake in the prediction market platform.

Polymarket Partners with Palantir for Sports Betting Integrity
Businesshindu1mo ago

Polymarket Partners with Palantir for Sports Betting Integrity

Polymarket, a platform allowing users to trade shares tied to real-world event probabilities, has partnered with Palantir to enhance the integrity of its sports betting offerings. This collaboration aims to leverage Palantir's technology for improved monitoring and security.

Polymarket faces allegations of insider trading after suspicious Iran war bets
BusinessbloombergFrance 241mo ago2 sources

Polymarket faces allegations of insider trading after suspicious Iran war bets

The online betting company Polymarket is facing scrutiny over allegations of insider trading after bettors made more than 500 million dollars by accurately predicting the date (and time) of the first strikes on Iran last Saturday. Some accounts are being suspected of insider trading, particularly as Donald Trump Jr., the son of the U.S. President is also a shareholder in Polymarket, and may be involved.

Tα ύποπτα στοιχήματα στην Polymarket: Χρήστες σε συντονισμένο ποντάρισμα λίγες ώρες πριν από την επίθεση των ΗΠΑ στο Ιράν
Politicsnaftemporiki1mo ago

Tα ύποπτα στοιχήματα στην Polymarket: Χρήστες σε συντονισμένο ποντάρισμα λίγες ώρες πριν από την επίθεση των ΗΠΑ στο Ιράν

Λίγες ώρες πριν από τα αμερικανικά αεροπορικά πλήγματα στο Ιράν, στην πλατφόρμα προβλέψεων Polymarket κατεγράφη ένα μοτίβο στοιχημάτων που γεννά σοβαρά ερωτήματα. Tα ύποπτα στοιχήματα στην…

Deadly attack led to big win – new odds worry
CultureFTsvenska-dagbladet1mo ago2 sources

Deadly attack led to big win – new odds worry

CULTURAL DEBATE | On Polymarket, you can bet money on everyday events as well as the fateful issues of our time – raising thoughts on how gambling affects democracy, writes political scientist Magnus Adenskog.

Trump Orders Declassification of UFO and Alien Files
PoliticsAPReutersbloomberg+10NYTThe GuardianDWSCMPBusiness InsiderThe IndependentTimes of IndiaDawn+2 more1mo ago13 sources

Trump Orders Declassification of UFO and Alien Files

Former US President Donald Trump has ordered the Pentagon and other government agencies to declassify and release files related to UFOs and aliens, citing public interest in the topic.