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Chronicles

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Polymarket removes long-running markets that let users bet on if a nuclear weapon will be detonated, amid the Iran strikes; a 2025 contract had $1.7M+ in volume

Nuclear weapon-themed markets aren't new on the prediction market platform, but public outcry about the contracts has apparently forced the platform to delete them.

CoinDesk Sam Reynolds

Discussion

  • @davidsirota David Sirota on x
    Polymarket has created a market that would monetize a nuclear attack amid increasing concerns that bets are happening among government insiders who can make military decisions. [image]
  • @polymarketstory @polymarketstory on x
    Polymarket just deleted the nuclear attack market Reason? If the prediction becomes true... the winner might not exist anymore [image]
  • @gaykittycorps Lisa on x
    “unregulated gambling causes nuclear war” is such prescient dystopian writing that I honestly can't even be mad. torment nexus final boss
  • @nathanjrobinson Nathan J Robinson on x
    we're heading for the abyss aren't we
  • @goodpoliticguy Mac on x
    i think everyone involved in this should be thrown into a volcano
  • @iranianwario @iranianwario on x
    They need to hang everyone who works at Polymarket and Kalshi
  • @ripplebrain @ripplebrain on x
    I'm calling on all of you to begin producing more Lunatic Asylum memes. There simply aren't enough of them to rotate through, we have a strategic shortage.
  • @marxianangel @marxianangel on x
    The cultural revolution that America needs for humanity to survive would make Mao's cultural revolution look tame in comparison.
  • @davidsirota David Sirota on x
    This could be the opening scene of Fallout, happening minutes before the birthday party.
  • @alanrmacleod Alan MacLeod on x
    At this poin, Polymarket is literally a threat to the survival of the planet. It needs to be shut down.
  • @thegreenebj Bryce Greene on x
    So unbearably bleak
  • @thewapplehouse Kristi Yamaguccimane on x
    They've made it legal to bet on mass murder.
  • @girldrawsghosts @girldrawsghosts on x
    It's actually really scary how many people seem to think that nuclear war is something that is going to be survivable.
  • @mattxiv Matt on x
    “capitalism breeds innovation” and the innovation is people who decide if there's a nuclear war can do insider trading and make money on the nuclear war. yay❤️
  • @hasanthehun @hasanthehun on x
    this is worse than any dystopia we couldve imagined
  • @frogs4girls @frogs4girls on x
    “we got so addicted to gambling we nuked ourselves into oblivion to make 5 million dollars” would be such a bleak ending to humanity
  • @jeuasommenulle JohannesBorgen on x
    Sorry to bother you in the middle of your Tuesday, but the polymarket for a nuke detonating before June 30th is at 17% This market is full of shameless insiders, so watch for the massive spike. [image]
  • @lauramiers Laura Miers on x
    I have a bad feeling. [image]
  • @saikatc @saikatc on x
    We need to absolutely ban this.
  • @onionweigher @onionweigher on x
    you should delete it because it incentivises nuclear war for any politicians on Polymarket, which is insane
  • @goodboy @goodboy on bluesky
    Polymarket is almost too insane for me to wrap my head around.  I didn't believe a world where it existed was unlikely, I just thought we had some runway, culturally.  Like this was 15 years out, at least.  [embedded post]
  • @tripgabriel Trip Gabriel on x
    A NYT analysis of Polymarket since June found it was unusual to bet a significant sum that a U.S. strike would happen the next day But on Friday, 150+ accounts bet at least $1k predicting a US strike on Iran by Saturday - suggesting insider trading https://www.nytimes.com/...
  • @sam_federman Sam Federman on x
    Wow. It's almost like unregulated prediction markets are a haven for insider trading. Who would've thought?
  • @evanhill Evan Hill on x
    NYT finds a surge of Polymarket bets placed in the 24 hours beforehand predicting Iran strikes the next day, indicating insider knowledge. (Funny note: Polymarket hasn't resolved the wager since it can't decide if any strikes hit prior to Feb. 28 ET) https://www.nytimes.com/...
  • @alex_panetta Alexander Panetta on x
    You have to wonder whether traditional laws apply here: breach of trust, or national-security law.
  • @hissgoescobra John Jackson on x
    You're telling me 150 fucking accounts rolled 7 the same day on some obtuse shit like a war kicking off? Come on.
  • @shashj Shashank Joshi on bluesky
    “Over the weekend, Bubblemaps flagged six Polymarket accounts that had made a total of $1.2 million betting on the timing of the Iran strike, noting that most of the accounts were relatively new and had specifically traded on a strike by Saturday”  —  www.nytimes.com/2026/03/03/u…
  • r/politics r on reddit
    How Anonymous Bettors Cashed In on the Iran Strike, Just Hours Before It Happened
  • NewsMax.com Solange Reyner on x
    Polymarket Bettors Cashed In Before Iran Strike
  • @drewharwell.com Drew Harwell on bluesky
    New: I talked to the traders who bet Khamenei would die.  —  One, an Israeli ex-pat, would've won $63,000 before Kalshi froze the bet: “I was booking my trip to Courchevel.”  —  “American commercial immorality on steroids,” @chrismurphyct.bsky.social told me  —  www.washingtonpos…
  • @sstapczynski Stephen Stapczynski on x
    LNG has gone mainstream. This is on Polymarket [image]
  • r/nottheonion r on reddit
    Polymarket Pulls Bet on Nuclear Detonation in 2026
  • @mikeisaac Rat King on x
    always fascinated to understand what prediction market redlines are polymarket, apparently: we're fine with death markets, but not nuke markets [image]