Polymarket is facing backlash after reports it spent more than $350,000 paying influencers to promote its betting odds on X without clearly disclosing the sponsorship. In a sector that already has a trust problem the size of a whale wallet, that kind of sleight of hand is exactly the sort of nonsense that keeps crypto […]
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The U.S. is starting to treat Bitcoin and crypto policy like something that might actually matter for the long haul. Treasury officials are signaling faster progress on a strategic Bitcoin reserve, Congress may finally get a real market structure bill this summer, and yet the market is still getting chewed up by leverage, whale flows, […]
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Donald Trump has jumped into the prediction markets fight, backing platforms like Kalshi and Polymarket while Washington and the states claw over who gets to regulate them. Trump backs prediction markets as part of America’s crypto push CFTC vs. state regulators is the core legal battle Kalshi and Polymarket are at the center of the […]
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Kalshi is turning up the pressure in Washington, backing a new lobbying group as prediction markets face a growing pile-up of legal, political, and regulatory threats. Kalshi backs Americans for Fair Markets Taylor Budowich joins as strategic advisor CFTC oversight is the main goal Congress is probing Kalshi and Polymarket State gambling fights are heating […]
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CFTC crypto oversight is under fresh scrutiny after a New York Times report said senior officials who raised concerns about prediction market firms were sidelined, investigated, and pushed out. The dispute reaches Polymarket, Crypto.com, and a Gemini affiliate, while a broader fight over prediction markets, crypto regulation, and federal versus state authority keeps getting messier. […]
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Blockchain.com has quietly taken the first formal step toward a U.S. public listing, while Ripple is still sitting on the sidelines. The latest crypto IPO filing shows that some firms are warming back up to Wall Street, but not everyone is rushing in just because the mood has improved a little. Blockchain.com has confidentially filed […]
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Polymarket got hit by a contract exploit that drained more than $600,000 in crypto, with losses climbing close to $700,000, but the real scare was what could have happened if the attacker had twisted market resolution permissions. Losses: more than $600K drained, nearly $700K total Target: Polymarket’s UMA CTF Adapter on Polygon Main risk: compromised […]
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Polymarket is pushing prediction markets into one of finance’s murkiest corners: private-company valuations, IPO timing, and secondary trading activity. A new exclusive deal with Nasdaq Private Market gives traders a way to bet on unicorn outcomes before those companies ever hit public markets. Exclusive partnership: Polymarket teams up with Nasdaq Private Market New markets: private-company […]
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The CFTC’s push to formalize prediction market event contracts has triggered a messy but important showdown over who gets to control one of crypto’s most interesting—and most controversial—market ideas. More than 1,500 public comments were filed on the CFTC prediction market rules proposal. Kalshi, Polymarket, and a16z want the CFTC to keep sole federal control. […]
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Crypto is being steered less by price hype and more by geopolitics, stablecoin regulation, and the hard reality of infrastructure risk. Iran, the Strait of Hormuz, Brazil’s payment rules, Washington’s stablecoin fight, and Ethereum’s scaling grind are all pulling on the same rope. Geopolitical risk: Iran tensions could hit oil, inflation, and liquidity. Stablecoin pressure: […]
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