News

34899 readers

2830 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago

MODERATORS

JonsJava@lemmy.world

gedaliyah@lemmy.world

little_cow@lemmy.world

129

On Polymarket, ‘privileged’ users made millions betting on war strikes and diplomatic strategy. What did they know beforehand? (www.theguardian.com)

submitted 1 day ago by HellsBelle@sh.itjust.works to c/news@lemmy.world

9 comments fedilink hide all child comments

In the early hours of 13 June, more than 200 Israeli fighter jets began pummeling Iran with bombs, lighting up the Tehran skyline and initiating a 12-day war that would leave hundreds dead.

But for one user of the prediction market Polymarket, it was their lucky day. In the 24 hours before the strike occurred, they had bet tens of thousands of dollars on “yes” on the market “Israel military action against Iran by Friday?” when the prospect still seemed unlikely and odds were hovering at about 10%. After the strike, Polymarket declared that military action had been taken, and paid the user $128,000 for their lucky wager.

But was it just luck?

The Guardian’s analysis of blockchain data traced the wallet to an X account with its location set to Beit Ha’shita, a kibbutz in northern Israel. The user recently transferred their bets to two other accounts, data shows, potentially to avoid detection. There, they currently have 10 live bets relating to Israel’s military strategy.

The X user behind the account could not be reached for comment but Israel Defense Forces and the Israel Security Agency have opened an investigation into the user, officials said last Thursday.

you are viewing a single comment's thread
view the rest of the comments

[–] fullsquare@awful.systems 1 points 1 day ago

you're on lemmy which means you're around non-idiots a bit more often than usual. normal people don't use adblocks and treat chatbots like literal magic, you have to lower your expectations