Trump Declares Hormuz Open Iran Denies
Iran denies Trump’s claim of a June 14 Iran deal signing, citing U.S. instability; Polymarket traders give it a 39% chance, favoring July 31 at 89%. #Update #Crypto $BTC
Polymarket
CFTC Approves New Prediction Markets Framework
The CFTC proposes a new framework for event contracts, offering clarity for platforms like @Kalshi and potentially benefiting @Polymarket amid reduced regulatory uncertainty. #Update #Legal
Bitcoin Declines in May but Rallies for June
@MicroStrategy’s recent sale of 32 $BTC sparked a dispute on Polymarket, with UMA token holders ruling against bettors who claimed the sale occurred by May 31. #Update #Crypto $BTC
Bitcoin Sale Costs Trader $527K Loss
A Polymarket trader lost $527K after @MicroStrategy’s first bitcoin sale since 2022, impacting prediction markets. The company sold 32 BTC for $2.5M. #Update #Crypto $BTC
Bitcoin Sale Triggers $14 Million Polymarket Chaos
@MicroStrategy’s first public bitcoin sale has sparked a $15 million dispute on Polymarket, with bettors divided over whether sales from May 26-31 count for the May 31 deadline. #Update #Crypto $BTC
Google Engineer Nets $1.2M Polymarket Win
Authorities charged Google engineer Michele Spagnuolo with fraud for using confidential data to trade Polymarket contracts, risking $2.75M and earning $1.2M. #Breaking #Legal @Google
Google Engineer Allegedly Insider-Traded Search Results
A Google engineer, Michele Spagnuolo, was arrested for insider trading on Polymarket using confidential data, allegedly profiting over $1.2M. He faces multiple charges including fraud and money laundering. #Breaking #Legal $USDC
Polymarket Enforces KYC Amid Global Scrutiny
Polymarket enforces KYC amid regulatory scrutiny, facing ISP blocks in Spain and U.S. House inquiries on suspicious trading. #Update #Legal @Polymarket
Ethereum Launches Validator Prediction Markets
Hyperliquid launches validator-based prediction markets for offchain events, with HYPE trading at $59.71 and $72.4M in ETF inflows as Bitcoin ETFs lose $1.26B. #Update #Crypto
Hyperliquid Launches Macro Bets Against Polymarket
@Hyperliquid launches HIP-4 outcome contracts for real-world events, competing with Polymarket by using in-house resolution, expanding its multi-asset trading venue. #Update #Crypto $USDC
Indonesia Bans Polymarket as Online Gambling
Indonesia’s Ministry of Communication and Digital Affairs blocks access to @Polymarket, deeming it online gambling under local law, amid a crackdown on prediction markets across Asia. #Update #Legal $USDT
Polymarket Banned in Indonesia Over Prabowo Bets
Indonesia blocks @Polymarket citing online gambling laws after users bet on President Prabowo leaving office before 2029; part of a broader crackdown freezing 33,000 bank accounts. #Breaking #Legal
Polygon Flags $520K Polymarket Exploit
Blockchain investigator ZachXBT flagged a suspected security breach at @Polymarket, with over $520K drained from two smart contracts on Polygon; the team claims user funds are safe. #Update #Crypto $MATIC
Bitcoin Surges to $77K Amid Iran Tensions
Bitcoin hits $77,303 on Bitstamp amid U.S.-Iran ceasefire talks; Polymarket peace deal bets surge to $154M. #Update #Crypto $BTC