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View More NewsPrediction market platform Polymarket has teamed up with Palantir and TWG AI to build a monitoring system designed to detect suspicious trading and manipulation in sports prediction markets, a move that reflects growing pressure on the fast-growing sector to establish credibility.The new system will use Palantir’s data infrastructure and TWG AI’s analytics to monitor trading activity across Polymarket markets. The companies say the platform will detect unusual trading patterns, screen participants and generate compliance reports that could be shared with regulators or sports leagues.Polymarket founder and CEO Shayne Coplan said the goal is to bring “world-class analytics and monitoring to…
US Commodity Futures Trading Commission (CFTC) Chair Michael Selig has voiced support for prediction markets paired with blockchain technology, claiming they could become powerful tools for discovering truth.Speaking at the FIA Global Cleared Markets Conference in Boca Raton, Florida, on Monday, Selig argued that prediction markets, also known as event contracts, can provide valuable signals about future events when participants put money behind their views, describing well-functioning markets as “truth machines.”“When participants express views on future events — and back those views with capital — they create accountability, transparency and information,” Selig said. He added that highly liquid prediction markets…
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We live in a paradoxical informational landscape. Never before have citizens had access to such an abundance of data, expert commentary, real-time analysis, and historical context. The digital age promised a “Great Clarification,” where the democratisation of information would serve as a universal solvent for ignorance. But despite this unprecedented availability, it has rarely been so difficult to form a coherent understanding of what is actually happening in the world.The problem is not ignorance in the classical sense. The contemporary public is not uninformed; on the contrary, it is hyper-informed. People consume an endless stream of charts, “explainer” threads, and…
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