The Morning After: Polymarket and a hairdryer

2 weeks ago 4

Although it’s one of the more inoffensive topics on Polymarket, this news typifies the Wild West of prediction markets and betting sites. A hairdryer was allegedly used to rig Polymarket bets on temperatures at Charles de Gaulle Airport in Paris, according to a report by The Telegraph. French authorities noted that the official temperature readings at the airport spiked twice in the past month. On both occasions, gamblers betting on those temperature fluctuations on Polymarket appear to have walked away with thousands upon thousands of dollars.

There is no indication that Polymarket forced anyone to return winnings, but the temperature sensor has been moved to a new location. The site is also still running bets on the daily temperature in and around Paris.

In a more serious development, a US soldier was arrested for allegedly m...

Source: https://www.engadget.com/general/the-morning-after-engadget-newsletter-112802570.html?src=rss

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