Compass Investments

-A blockchain investigation earlier revealed that six accounts, presumably insider accounts, made $1.2 million in profits just as the U.S. was striking Iran.

Later, newly opened anonymous accounts profited over $480000 by betting on a cease-fire before April 7.

A fresh report has shown that Polymarket insiders made substantial profits from betting on military action. It notes that bets on unlikely outcomes of war are paying off more than three times faster than price expectations suggest.

the five-year irrecoverable inflation rate jumped to 2.72% , the highest level since 2022. The situation on Polymarket has changed: the probability of a rate hike is now higher than the probability of a rate cut. Yet stocks continue to rise. Why?

Warren has repeatedly called attention to the issue, most notably in March with letters to the Commodity Futures Trading Commission and the Office of Government Ethics. She joined 37 other lawmakers in calling on regulators to crack down on improper insider trading in the prognostic markets among federal employees.

And those concerns are well-founded.

Last month, a U.S. serviceman was charged with using confidential information to profit from Polymarket bets on the capture of ousted Venezuelan President Nicolas Maduro.

otably, last week the Senate unanimously passed a resolution prohibiting senators, their aides and staff from participating in prediction markets.

Kalshi and Polymarket, key players in the field, praised the decision, calling it an important step toward building trust in these platforms.

cryptocurrency exchange Hyperliquid is entering the competition with Polymarket by launching the HIP-4 prediction market. Let’s take a look at how Kalshi and Bob Diamond’s PURR fit into this battle for market share.