You can gamble on anything. Now you can even bet on the war in the Middle East. Concern is growing over a dangerous new form of prediction markets, where users are anonymous, and crypto is the only currency. There are even claims of insider trading, where players make billions betting on military strikes and a country's next move in a major war... In this episode of The Briefing, Natarsha Belling is joined by Karoline Thomsen from UNSW to explain how this popular platform works and the dangerous fallout. ...
You can gamble on anything. Now you can even bet on the war in the Middle East. Concern is growing over a dangerous new form of prediction markets, where users are anonymous, and crypto is the only currency. There are even claims of insider trading, where players make billions betting on military strikes and a country's next move in a major war...
In this episode of The Briefing, Natarsha Belling is joined by Karoline Thomsen from UNSW to explain how this popular platform works and the dangerous fallout.
Headlines:
- Federal Energy Minister Chris Bowen has announced an extra 100 million litres of fuel a month will be made available as concerns grow over Australia’s fuel supplies in the wake of the Middle East war
- Australian software giant, Atlassian, has confirmed it’s slashing 1600 jobs
- Former ASIO boss, Dennis Richardson, has abruptly resigned from the Royal Commission into Antisemitism
- Melbourne has been crowned the best city in the world
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