Polymarket Strait of Hormuz Odds Crash After Iran Fires on Tankers
In recent developments, polymarket’s contract on Strait of Hormuz traffic returning to normal by April 30 collapsed to 28% Yes on Saturday after Iran reimposed shipping restrictions and Iranian Revolutionary…
Iran views BTC as a strategic asset, but USDt still dominates oil tolls: BPI
In recent developments, the Iranian government chose Bitcoin as a payment method for oil tolls due to its confiscation-resistant properties, but only dollar stablecoins have been used so far. Looking…
Snap Cuts 1,000 Jobs, Aims to Save $500 Million as AI Reshapes Operations
In recent developments, social media company Snap is restructuring operations to focus on profitability as AI tools reshape how teams work across key initiatives. Looking closer, market participants highlight key…
French Police Rescue Mother and Child After $400K Crypto Ransom Kidnapping
In recent developments, elite French police rescued a mother and child after kidnappers targeted the family’s crypto wealth in the latest “wrench attack.” Looking closer, market participants highlight key drivers…
Polkadot-Ethereum Bridge Hack Losses Were 10x Worse Than Reported, Team Admits
In recent developments, polkadot bridge protocol Hyperbridge said losses from this week’s hack were 10x worse than originally reported, tallying about $2.5 million. Looking closer, market participants highlight key drivers…
Drift Taps Tether for $148 Million Recovery Plan, Ditches Circle’s USDC Follo…
In recent developments, circle has faced pushback online for standing pat as actors used its cross-chain protocol to move stolen funds. The development has drawn attention from traders and analysts…
RAVE Crashes 68% as Binance and Bitget Investigate Manipulation Claims
In recent developments, rAVE’s collapse is intensifying fears of fragile price structures in low- liquidity tokens, with a rapid unwind exposing extreme volatility. The steep decline underscores how quickly momentum-driven…
CFTC Chair Mike Selig Faces Bipartisan Pushback on Prediction Markets, Hyperl…
In recent developments, sports and war prediction markets and crypto-backed perpetual futures came under fire during a House committee hearing Thursday. Looking closer, market participants highlight key drivers such as…
