Are Polymarket and Kalshi decentralized?
Polymarket and Kalshi are popular in the cryptocurrency industry, but neither is truly “decentralized” like other projects.
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Kalshi uses ‘death carve-out’ to avoid paying out on Ali Khamenei ousting
Kalshi apparently allowed traders to bet on Ali Khamenei’s ousting, racked up $54M in trades, then voided the result when he was killed.
Newsletter
The Context 158: 🎰 Gambling on Trump
Under Trump’s administration you can gamble on what it will do via prediction markets advised by and which financially benefit Trump.
Polymarket volume misreported as data providers double-count trades, report
According to a report from Paradigm several important data providers were inadvertently over-counting Polymarket volume.
‘Unlicensed’ Polymarket rival Kalshi accused of ‘duping’ users in new lawsuit
Prediction market Kalshi is the subject of a class action lawsuit that claims it’s been operating an unlicensed sports gambling platform.
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Strategy dumps 3,500 BTC in largest sale… yet—by Protos Staff
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Open USD is lying about its 149 partnerships, report—by Protos Staff
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OUSD stole Hyperliquid’s homework — then hit Circle with it—by Protos Staff
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How Michael Saylor replaced ‘bitcoin’ with ‘credit’—by Protos Staff
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World’s biggest clearinghouse didn’t need to XRP to go round the clock—by Protos Staff
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DeFi drama: ENS governance battle, EF cuts and Gnosis reboot—by Protos Staff
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Strategy’s STRC hit another all-time low today—by Protos Staff
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Tornado Cash DAO faces ‘malicious’ governance attack, researchers warn—by Protos Staff
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New research questions if Hal Finney was really Bitcoin’s second user—by Protos Staff
