Kalshi and Polymarket frequently outperform opinion polls. But the prediction markets typically do better on bigger races and can stumble down ballot. https://t.co/kQpexHKW54
just nine wallets control half of all UMA tokens used for disputed bets on Polymarket.
plus: the next-gen oracle project that Polymarket, UMA and Eigen were working on has stalled — no progress made for several months https://t.co/k4Kc0x80V8
Patrick Dumont bought the Dallas Mavericks in 2023 and proceeded to alienate fans by trading away Luka Dončić.
Now, as CEO of casino giant Las Vegas Sands, he wants to turn Dallas into the next Vegas.
But to do that, he needs to win back Texans' trust.
@AvatarRandall and I profiled Dumont as he takes on Mark Cuban, Texas Baptists, and the ghost of Luka Dončić (gift link):
https://t.co/5AUXOH9aP8
I wrote about the Chinese math kids turned AI superstars, and what it’s like meeting my much smarter (and richer) classmates in Silicon Valley.
https://t.co/ruPKSkdn2z via @restofworld
NEW: Epstein got some of consumer capitalism’s best help as he sent young women around the world. His office worked with its American Express Centurion team for years, sometimes arranging fake trips to nab visas. Here’s a gift link, please read and share https://t.co/FaxYlf0D7d
Thanks to the Pulitzer judges for naming @business a finalist in National Reporting for a series of stories about the Trump family’s crypto businesses and the conflicts they pose. Grateful to have worked with @ZekeFaux, @zachmider, @maxabelson, @a_cormier_, @MuyaoShen and others.
Why is America's most promoted autism therapy also widely hated?
Most of the discourse around autism focuses on causes (e.g. the vaccine/Tylenol circuses). But for the people whose lives are shaped by autism, the more relevant debate is over the form of therapy known as ABA.
@amandakcantrell and I went deep on how ABA became America's go-to treatment for autism, and why some people swear by it while others say it's done great harm (gift link)
https://t.co/hGilwPqhU9
Stories of traders notching sky-high gains with AI agents are proliferating, spanning all asset classes from equities to crypto and prediction markets. But are any of them real?
I spoke to a bunch of really great people to find out https://t.co/i8UImLX7cD
new long-read: Polymarket is falling behind its chief rival in more ways than one, as the prediction markets space continues to heat up. from its US app and fee rollout to talks with its biggest investor, read all about it: https://t.co/bcI1OwIg3o
In the Magazine: @DangerBrooks on the rise of "-coded," the modifier that captures the paranoid (and sort of stupid) spirit of social media. https://t.co/fdysSW2XrR
There was an editorial in China's Science & Technology Daily last month saying that internet platforms should not amplify content about falling behind if you don't use AI. https://t.co/h9qdo6Uni4 (seen via @mattsheehan88's Substack) https://t.co/vgi6mK6kOa
Prediction markets are turning real-world events into tradable assets, and drawing billions.
The boom is raising questions about regulation, market integrity, and who actually profits.
Our mini documentary:
Does “Mandani” count on mention markets? What about homophones, plurals, or compound words?
Wrote about prediction market “rulescucks” and how Kalshi tries to wrangle the English language (gift link):
https://t.co/93kPFYlbnP
Highly recommend this really great, in-depth @BW piece from my colleague @deenashanker on Peter Attia's sprawling longevity empire and his Epstein Files fall from wellness-influencer grace. Gift link: https://t.co/ekMrgAoPdz
WOW. Just in the last two weeks, BYD showrooms around the world are seeing a surge in customer demand from people who are deciding that now is the time to switch to EVS, with oil prices so high. https://t.co/PpUAjUOOTX