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Polymarket and Kalshi Face a Major Accuracy Test: The Midterms

Studies have shown that the betting sites can predict races correctly, but their ability to forecast U.S. midterm elections is an important proving ground.

© Hilary Swift for The New York Times

Prediction platforms like Polymarket are hoping the U.S. midterm elections will be their moment to shine.
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Polymarket Is Investigating Suspicious Bets on Israeli Election

The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday.

© Chris McGrath/Getty Images

Israel’s prime minister, Benjamin Netanyahu, speaking at a Likud event in Jerusalem on Wednesday.
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Polymarket temporarily suspends trading on international platform due to security incident

Security incident linked to performance-monitoring tool spurred platform to halt trading for about an hour

Polymarket temporarily halted trading on its international platform on Thursday because of a security incident that compromised a third-party provider, the company said.

Trading was paused for about an hour and resumed on Thursday afternoon. The company has promised to fully reimburse any affected traders.

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© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

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