The UAE considers striking Iran as the war spreads

BlockBeats News, March 4 — According to Bloomberg Terminal reports, the United Arab Emirates is weighing military action against Iran after experiencing 186 missile and 812 drone attacks. Although most of the attacks were intercepted, they still resulted in 3 deaths and about 70 injuries, targeting civilian infrastructure and oil facilities.

UAE officials have indicated they reserve the right to respond, as anger among Gulf neighboring countries grows over Iran’s actions. Meanwhile, Israeli and Saudi sources suggest that the conflict could involve other regional powers.

According to PolyBeats monitoring, on the prediction market Polymarket, the current probability that “the UAE will strike Iran before March 31” is 51%.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Hong Kong suspends the legalization of basketball betting and studies the impact and compliance issues of prediction markets

Hong Kong has suspended the legalization of basketball betting this week, while also planning to launch a study to assess the impact of prediction markets in Hong Kong and their level of adoption. Macie Mak, Commissioner for Home and Youth Affairs in Hong Kong, said that the monthly trading volume of prediction markets has grown from less than $100 million two years ago to more than $13 billion last year, with about 40% related to sports.

MarketWhisper47m ago

Polymarket Audits Builders Program Startups Over Insider Trading Concerns - Unchained

Polymarket has initiated an audit of its Builders Program after finding third-party tools that may facilitate insider trading by mimicking successful trades. The review follows scrutiny over potential market abuse linked to these apps.

UnchainedCrypto2h ago

Kalshi appeals Nevada event contract ban; CFTC jurisdiction dispute may reach the Supreme Court

Prediction market platform Kalshi has appealed a ruling by the state of Nevada banning its event contracts, and the U.S. Ninth Circuit Court of Appeals held oral arguments on April 17, but did not issue an immediate decision after the hearing. The core dispute in the case is whether Kalshi’s event contracts are “swap agreements” that fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC), or whether they must be regulated by state-level activity under gambling licensing regimes. Multiple legal experts predict that the case may ultimately be appealed to the U.S. Supreme Court.

MarketWhisper3h ago

CFTC Chairman Selig: Prediction-market fraudsters will face harsh legal penalties; will not pause rulemaking

In a House hearing, U.S. CFTC Chairman Selig emphasized a “zero-tolerance policy” toward market fraud and manipulation. He responded to questions regarding a $500 million oil futures transaction and said the CFTC is drafting rules to regulate prediction markets. Selig also mentioned a cooperation memorandum of understanding with the SEC to strengthen oversight of digital assets. Given that the CFTC currently has only one commissioner—himself—Selig emphasized operational efficiency and will hire new staff to enhance regulatory capacity.

MarketWhisper5h ago

Prediction Markets Market Share Distribution Revealed, Kalshi Leads at 37.8%

Gate News message, latest data shows the market share distribution among prediction market platforms. Kalshi leads with 37.8% market share, followed by Polymarket at 35.3%. Opinion Labs xyz holds 14.4%, Predict dot fun accounts for 8.5%, and Crypto Com represents 2.5% of the market.

GateNews11h ago
Comment
0/400
No comments