New Polymarket Bet Placed on Axiom Insider Trading Accusation

Predicting market insider trading scandal exposure, OpenAI takes the lead in dismissing involved employees

OpenAI has dismissed an employee for allegedly using insider information to conduct insider trading in prediction markets, violating company compliance policies. This is the first time a large tech company has fired an employee over insider trading, sparking concerns about regulation of prediction markets. On-chain data shows multiple suspicious transactions beyond that employee, which may indicate a broader insider information leak issue.

OpenAI fires employee involved in prediction market "insider trading"

PANews February 28 News, according to WIRED, OpenAI recently laid off an employee for trading on prediction market platforms such as Polymarket and Kalshi based on internal information. The report states that the employee used non-public information obtained through their work at OpenAI to bet on related contracts, allegedly constituting "insider trading" and violating company compliance policies.

Why Is Bitcoin Below $66,000 Despite Massive Whale Purchases? - BTC Hunts

Bitcoin is struggling to regain the $70,000 level despite significant institutional purchases, including a large buy from Block Inc. Various factors, such as US geopolitical tensions and inflation, contribute to ongoing price declines. Analysts predict a potential dip below $65,000.

Primitive Ventures: The "East-West Divide" in Prediction Markets — Why Are We Betting on Opinion Labs?

The article discusses the evolution of prediction markets, particularly how Opinion Labs has made breakthroughs in liquidity and localized belief trading through AI technology. There are significant differences between Eastern and Western markets in terms of focus and participation methods; the East emphasizes content and entertainment, while the West is moving towards financialization. Ultimately, Prediction Market 2.0 has evolved into a culturally driven, diversified development path.

$1.2M in Profits Tied to Insider-Linked Addresses in ZachXBT Market Bet

_Eight insider-linked wallets captured $1.2M in profits, mostly from single-market bets placed before odds shifted._ On-chain data has intensified scrutiny around a Polymarket event linked to a ZachXBT insider probe. Trading records show heavy profit concentration among a small cluster of wallet

Prediction Markets Are Challenging Traditional Polling

Prediction markets like Polymarket and Kalshi offer a financial-based alternative to traditional polling, enhancing predictive accuracy by requiring participants to invest real money. Despite criticisms regarding participant demographics and potential manipulation, they are gaining traction among investors and strategists, potentially reshaping forecasting methods.