Prediction markets are breaking the news and becoming their own beat

Article

• Prediction markets like Kalshi/Polymarket increasingly move before news outlets
• Journalists now cover market movements as a primary news signal
• Raises questions about insider trading, manipulation, and information asymmetry

Discussion

• Skeptics call it insider trading dressed up as forecasting; insiders cash out on suckers
• John Oliver’s Last Week Tonight episode on prediction markets linked by multiple commenters
• One commenter building agent tools against Kalshi/Polymarket APIs for data analysis

Discuss on HN