Polymarket Users React to Strategy Sale ‘No’
Polymarket’s contract on @MicroStrategy selling Bitcoin by May 31 resolved to “No,” despite a later disclosure of 32 BTC sold, raising concerns over the token-weighted voting system. #Update #Crypto $BTC
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Polymarket’s contract on @MicroStrategy selling Bitcoin by May 31 resolved to “No,” despite a later disclosure of 32 BTC sold, raising concerns over the token-weighted voting system. #Update #Crypto $BTC
@FGNexus has sold an additional 10,000 $ETH, raising total losses to over $100 million as the firm continues to reduce its exposure. #Update #Crypto $ETH
Nine US House Democrats urge the FTC to investigate prediction markets for misleading advertising, alleging they present as gambling platforms to customers while claiming to be financial tools to regulators. #Update #Legal
@MaelstromFund predicts $WLD could rise to $5 amid AI IPO excitement, despite current price of $0.50. A 43% token unlock on July 24 may reduce selling pressure. #Update #Crypto $WLD
@MaelstromFund predicts $WLD could rise to $5 amid AI IPO excitement, citing catalysts like token unlocks and potential purchases by Eightco. WLD has surged 60% this week. #Update #Crypto $WLD
@Anthropic reported that 67% of banned accounts used AI for cyberattack preparations, linking AI to a surge in crypto hacks totaling $629.7M in April 2025. #Update #Crypto $BTC
@Coinbase has frozen $3M linked to Southeast Asia crypto fraud networks as authorities globally intensify efforts against scam infrastructure, involving the US, UAE, China, Austria, and Albania. #Update #Crypto
The US Commodity Futures Trading Commission has rescinded its ‘no-deny’ policy for settlements, enhancing flexibility in enforcement actions. This change aligns with similar moves by the SEC. #Update #Legal $BTC
Israeli Tax Authority’s voluntary crypto disclosure program has yielded only $50 million in reports, far below the expected $1 billion, disappointing officials amid concerns over anonymity and risk assessment. #Update #Crypto $BTC
Wyoming Governor Mark Gordon signed an executive order to develop AI data centers, aligning with increasing investments from tech giants like @Microsoft and @Amazon. #Update #Crypto $BTC
@Revolut plans to offer stablecoins through its upcoming US bank, set to launch next year, targeting retail and business customers with FDIC-insured accounts and cryptocurrency services. #Update #Crypto $USDC
US Treasury Secretary Scott Bessent announced progress on establishing a strategic Bitcoin reserve, currently holding 328,372 BTC valued at $215 billion, and aims for the CLARITY Act to pass this summer. #Update #Crypto $BTC
Democratic and Republican candidates in California, New Jersey, and South Dakota won primaries backed by crypto PACs spending $3.5M; Maryland’s Adrian Boafo also receives support ahead of June 23 primary. #Update #Crypto $XRP
Agentic payment activity on @Coinbase’s Base network has exceeded 100 million transactions, driven by the x402 protocol and a memecoin project called PING. #Update #Crypto $USDT