Prediction Markets Boosted by Trump Lawsuits
The DOJ and CFTC sued Illinois, Arizona, and Connecticut to assert federal jurisdiction over prediction markets like @Kalshi and @Polymarket, challenging state gambling regulations. #Breaking #Legal
The DOJ and CFTC sued Illinois, Arizona, and Connecticut to assert federal jurisdiction over prediction markets like @Kalshi and @Polymarket, challenging state gambling regulations. #Breaking #Legal
Trump considers deploying US special forces to Iran; odds of entry by April 30 rise to 66%, reports Al Jazeera. Market reacts with increased liquidity. #Breaking #Politics
@DriftProtocol exploited durable nonces led to a $270 million loss after attackers tricked multisig signers into approving malicious transactions, highlighting vulnerabilities in operational security. #Breaking #Crypto $SOL (-8) ↘
Naoris Protocol launches a blockchain using NIST-approved post-quantum cryptography to counter potential quantum threats to $BTC and $ETH, highlighting industry urgency for quantum-resistant solutions. Crypto
Drift Protocol suffered a $285M exploit on Solana, linked to North Korea, highlighting DeFi security flaws. Experts suggest time locks and better cybersecurity hygiene could prevent future attacks. #Breaking #Crypto #DeFi
The U.S. Commodity Futures Trading Commission and Department of Justice sued Illinois, Arizona, and Connecticut over state actions against prediction markets, claiming federal law preempts state regulations. #Breaking #Legal $CFTC
The CFTC settled with former FTX engineer Nishad Singh for $3.7M without civil penalties, marking the first resolved individual case in its FTX enforcement action. Legal
Metaplanet acquired 5,075 $BTC for $405M in Q1 2026, becoming the third-largest Bitcoin treasury company. This follows MARA Holdings’ sale of 15,000 BTC. Crypto
@DriftProtocol reported a $280M exploit, utilizing Solana’s durable nonces for unauthorized access. Funds were moved to Ethereum, raising concerns over Circle’s delayed response in freezing $USDC. #Breaking #Crypto $USDC (-8) ↘
CoinShares, a leading crypto asset manager with $6 billion AUM, begins trading on Nasdaq as CSHR after a $1.2 billion SPAC merger, focusing on exotic ETFs. Finance
BREAKING: @Coinbase opposes SEC’s issuer consent requirement for third-party tokenized securities, arguing it stifles innovation and contradicts U.S. law. SEC’s innovation exemption framework for tokenization is forthcoming. #Breaking #Crypto $BTC
Google’s Quantum AI team claims breaking Bitcoin may require fewer than 500,000 qubits, raising concerns about quantum threats to crypto security. #Breaking #Crypto $BTC
Fed Governor Urges Stricter Controls on Stablecoins Federal Reserve Governor Michael Barr emphasized the need for anti-money-laundering measures for stablecoins under the GENIUS Act. Barr highlighted stablecoins’ accessibility on secondary markets as a risk, noting their potential use in money laundering and terrorist financing. A U.S. Treasury report suggested Congress consider a law to allow… Read More »Stablecoins Require Tighter Controls Says Fed
Drift Protocol is under attack, suspending deposits and withdrawals amid a possible $270M exploit. Funds reportedly transferred to wallet HkGz4K. Story developing. Crypto