Polymarket Whale Loses $1.2M as Spain Stumbles vs Cape Verde—World Cup Odds Shift
A single wallet dropped $1.2M on Polymarket's World Cup Winner market after Spain's odds fell 1.5pp following a shock draw vs Cape Verde. The $2.4B book…
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Category: Cryptocurrency
Cryptocurrency news, blockchain technology analysis, Bitcoin price updates, Ethereum developments, DeFi protocols, NFT trends, and crypto market insights. Expert coverage of digital assets and decentralized finance.
UK Regulator Proposes 10% Crypto ETN Cap for Mutual Funds—Direct Holdings Still Banned
The UK FCA proposed allowing authorized funds up to 10% crypto ETN exposure, closing a gap where retail investors had access but their fund managers did…
Tether, Fasset Just Dropped World’s First Gold-Backed Visa Card
Tether and Fasset roll out the first Visa card fully backed by tokenized gold, offering up to 6% XAU₮ cashback and Dubai gold ATMs next.
India Blocks Polymarket—1.4 Billion Lose Access to Prediction Markets
India formally blocked Polymarket under the IT Act and is preparing a parallel ban on Kalshi, the most populous nation to restrict prediction market platforms.
Malta Moves to Regulate Prediction Markets—First EU Framework
Malta is actively exploring prediction market regulation, positioning itself as the first EU member to license platforms like Polymarket rather than ban them.
House Launches Insider Trading Probe into Kalshi and Polymarket
House Oversight Chair James Comer launched an insider trading investigation into Kalshi and Polymarket after suspicious trades tied to U.S. military action.
Spain and Indonesia Block Polymarket—Prediction Market Ban Spreads
Spain and Indonesia blocked Polymarket and Kalshi within days, joining a growing global crackdown on prediction market platforms from Brazil to Singapore.
SEC Delays Prediction Market ETFs—Wall Street Waits
The SEC delayed Polymarket and Kalshi ETF decisions to Q3 2026. Regulators disagree on jurisdiction while prediction markets seek Wall Street access.
Nasdaq Wants 23-Hour Trading—Polymarket Says 12% Chance by June
Nasdaq filed to extend US equities trading to 23 hours a day, but the SEC has not issued a final rule. Polymarket traders give it just…
Musk Lost—Prediction Markets Called It Before the Jury Even Started
A unanimous jury rejected Musk's claims against OpenAI on statute of limitations grounds. Prediction markets dropped his odds from 60% to 40% during the trial. The…