Category: Business
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Polymarket Traders Profit $37K From Paris Weather Glitch
[ad_1] Two Polymarket accounts have attracted suspicion after making $37,000 betting correctly on two unusual temperature readings of a weather station located in a major airport in France. The two weather-focused prediction markets focused on the highest temperature in Paris on April 6 and 15, using the highest temperature recorded at the Charles de Gaulle…
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US Authorities Freeze $344M in Crypto Linked to Iran
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Bitcoin ETF Inflows Turn Fully Positive Across Key Timeframes, Led by Blackrock’s IBIT
[ad_1] Key Takeaways: Bitcoin ETFs are showing stronger demand as flows turn positive across all tracked periods. Institutional investors are increasing exposure, reinforcing bitcoin market momentum. Fund competition remains visible as some products attract inflows while others continue to lose assets. Bitcoin ETF Inflows Signal Broad Institutional Demand Recovery Bitcoin exchange-traded funds (ETFs) are again…
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Tesla confirms no Bitcoin sales in Q1 despite market selloff
[ad_1] Tesla kept its entire 11,509 Bitcoin intact through the first quarter of 2026 despite a brutal crypto market selloff, the company reported in its earnings release today. Bitcoin lost about 22% of its value during those three months, its steepest first-quarter drop in eight years, which pushed Tesla’s digital asset holdings from roughly $1…
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Crypto Firms Report Flood of AI-Driven Bug Bounty Submissions
[ad_1] Crypto protocols have warned that an increase in AI use has led to a flood of bogus bug bounty submissions, putting a strain on teams trying to identify real threats to their protocols. Bug bounties are a system to reward “good” hackers for submitting reports about potential vulnerabilities and are popular in the crypto…
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New York Sues Coinbase, Gemini Over Unlicensed Markets
[ad_1] New York’s attorney general has filed lawsuits against crypto exchange operators Coinbase Financial Markets and Gemini Titan for allegedly violating state gambling laws, according to court records cited by Reuters. Copies of the complaints show the state alleges both exchanges failed to obtain licenses from the New York State Gaming Commission to operate their…
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SEC Under Atkins Resets Crypto Policy With Focus on Clarity and Growth
[ad_1] Key Takeaways: SEC emphasized regulatory clarity as key to stronger U.S. capital markets. Paul Atkins framed his first year as historic, with a focus on innovation and growth. NYSE event reinforced policy shift supporting crypto and market competitiveness. ‘It’s Been a Historic First Year as SEC Chairman’ A first anniversary appearance at the New…
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Polymarket eyes $400 million funding round at $15 billion valuation
[ad_1] Prediction markets platform Polymarket is targeting a $400 million fundraising round at a valuation of about $15 billion including the new money, The Information reported on Sunday, citing people familiar with the matter. The $15 billion figure is a 67% jump from Polymarket’s $9 billion valuation established in October 2025, when Intercontinental Exchange (ICE),…
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Flow Capital to Tokenize $150M Private Credit Fund on Blockchain: Report
[ad_1] Flow Capital Partners is planning to tokenize its private credit fund through Singapore-based DigiFT, Bloomberg reported Friday, as the Hong Kong credit manager looks to tap blockchain-based distribution for its next capital raise. According to the report, Flow Capital plans to bring its $150 million private credit fund on the blockchain through Singapore-based tokenization…
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Warren Accuses SEC’s Paul Atkins of Misleading Congress
[ad_1] US Senator Elizabeth Warren has accused Paul Atkins, the head of the Securities and Exchange Commission, of possibly lying to Congress about the agency’s enforcement numbers. Warren, the top Democrat on the Senate Banking Committee, said in a letter to Atkins dated Wednesday that the SEC’s enforcement data for fiscal year 2025, released on…