Polymarket Freezes $345M Iran Bet Over One Word: 'Permanent'

- Polymarket has frozen a $345 million betting market regarding a US-Iran ceasefire due to a dispute over the definition of the word "permanent."
- Traders are currently split on whether the peace agreement meets the criteria for permanence, preventing the platform from settling the massive pool of funds.
- The situation highlights the volatility and linguistic ambiguities inherent in prediction markets when resolving high-stakes geopolitical events.
- Separately, Kraken has introduced pre-IPO perpetual futures for OpenAI and Anthropic, allowing eligible traders to gain leveraged exposure to the AI firms before they go public.
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