Kate Knibbs

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Wall Street Is Already Betting on Prediction Markets

When Troy Dixon first suggested incorporating prediction markets into the electronic trading platform where he works, he was met with incredulity. “People told us we were crazy,” Dixon, Tradeweb’s cohead of global...

Bluesky CEO Jay Graber Is Stepping Down

Jay Graber is stepping down as head of Bluesky, the social media platform exclusively announced to WIRED. Venture capitalist Toni Schneider will be the interim CEO until a permanent replacement is found.“As...

Iranian Ayatollah Khamenei’s Death Sparks Revolt Among Kalshi Customers

In the lead-up to the United States and Israel’s attack on Iran, prediction markets saw a frenzy of activity tied to the conflict. Speculators rushed to guess when the first missile strikes...

A Former Top Trump Official Is Going After Prediction Markets

Mick Mulvaney wants to be clear: He really likes gambling. “You're talking to the only former member of Congress who's won a poker tournament in Las Vegas,” he tells WIRED. When he...

OpenAI Fires an Employee for Prediction Market Insider Trading

OpenAI has fired an employee following an investigation into their activity on prediction market platforms including Polymarket, WIRED has learned.OpenAI CEO of Applications, Fidji Simo, disclosed the termination in an internal message...

Kalshi Suspended a California Politician and a YouTuber for Insider Trading

A former candidate in the 2026 race for governor of California and a popular YouTuber have been kicked off Kalshi’s platform for alleged violations related to insider trading, the popular prediction market...

The War Over Prediction Markets Is Just Getting Started

The political fight in the US over the future of prediction markets like Polymarket and Kalshi has escalated into a full-blown war, and battle lines aren't being neatly drawn along party lines....

Donald Trump Jr.’s Private DC Club Has Mysterious Ties to an Ex-Cop With a Controversial Past

When the Executive Branch soft-launched in Washington, DC, last spring, the private club’s initial buzz centered on its starry roster of backers and founding members. The president’s eldest son, Donald Trump Jr.,...

Kate Knibbs

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