Hacking Polymarket

Source: Schneier on Security

Polymarket and Real‑World Event Betting

Polymarket is a platform where people can bet on real‑world events, political and otherwise. Leaving the ethical considerations of this aside (for one, it facilitates assassination), one of the issues with making this work is the verification of these real‑world events.

Verification and Ethical Challenges

Threats to journalists

Polymarket gamblers have threatened a journalist because his story was being used to verify an event.

Rigging attempts

Gamblers are taking hair dryers to weather sensors to rig weather bets.

Insider Trading Concerns

There’s also insider trading: a lot of it.