Prediction markets are “rife with insider trading” and expose investors to serious risks of losses and exploitation by more sophisticated players, according to the EU’s main market watchdog, in a warning that reveals a growing divergence with the US.

WASHINGTON, Sept 9 (Reuters) - Prediction markets tracking this year's U.S. congressional elections are "extremely vulnerable" to manipulation as their forecasts can shift on even comparatively small-dollar wagers,

Where LeBron James would choose to play the final years of his storied career was a fixture on prediction markets this summer. Now, James could benefit from the boom of those platforms. On Saturday, James shared a short video on social media announcing a partnership with the prediction platform Polymarket.

As the midterms heat up, how Kalshi and Polymarket are shaping campaign narratives, where the lobbying money is flowing, and how rampant insider trading really is.

Myriad's $120 side overtook $55 at the start of September, while Polymarket puts WTI reaching $100 this month at 59%.

Interested parties could seek to move prediction markets to give a perceived boost to a candidate who is struggling to gain momentum or attention.

<?xml encoding="utf-8" ?> Robinhood Markets Inc. HOOD is expanding its prediction markets business through a multiyear deal with Crypto.com, according to The Wall Street Journal. Robinhood will add contracts from Crypto.