Polymarket is reportedly seeking entry into Japan amid falling trading volumes and rising regulatory scrutiny, targeting approval by 2030. Read More at https://cointelegraph.com/news/polymarket-seeks-japan-entry-global-regulatory-scrutiny?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Polymarket team says user funds safe as exploit losses climb above $600K
Polymarket said user funds and market resolution were safe after a suspected private key compromise tied to top-up operations. Read More at https://cointelegraph.com/news/polymarket-uma-adapter-appears-exploited-520k-zachxbt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Verus bridge exploiter returns $8.5M after bounty offer
The hacker behind the Verus bridge exploit returned 75% of the stolen funds as part of a recovery deal negotiated with the protocol days after the incident. Read More at https://cointelegraph.com/news/verus-bridge-hacker-returns-85m-eth-28m-bounty?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price record 90-day uptrend ‘resembles bull market rally:’ New analysis
Bitcoin rallied for 90 days after its dip below $60,000, breaking the record for the longest uptrend within a bear market in BTC price history. Read More at https://cointelegraph.com/markets/bitcoin-price-record-90-day-uptrend-resembles-bull-market-rally-new-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UAE-backed DDSC stablecoin processes $30M institutional transaction
The transfer was executed on ADI Chain, a layer-2 blockchain designed for institutional payments, treasury operations and trade settlement. Read More at https://cointelegraph.com/news/uae-backed-ddsc-stablecoin-processes-30m-institutional-transaction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hamilton ETFs files for leveraged Bitcoin income ETF in Canada
The proposed fund would use covered-call and short-term options strategies designed to generate monthly income alongside Bitcoin exposure through a leveraged structure. Read More at https://cointelegraph.com/news/hamilton-etfs-files-for-leveraged-bitcoin-income-etf-in-canada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tokenized stocks risk liquidity and revenue fragmentation: Research
TradFi views the breakup of its previously consolidated, centralized liquidity as a “serious structural threat,” said Tiger Research director Ryan Yoon. Read More at https://cointelegraph.com/news/tokenized-stocks-risk-liquidity-and-revenue-fragmentation-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Galaxy’s Novogratz speaks in court over failed $1.2B BitGo deal: Report
Galaxy Digital’s Mike Novogratz reportedly told a court the SEC made it “very difficult” to complete a planned 2021 merger with BitGo. Read More at https://cointelegraph.com/news/galaxys-novogratz-speaks-in-court-on-12b-bitgo-deal-gone-wrong-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC’s Peirce tempers expectations over tokenized stocks exemption
An executive at tokenization platforms Superstate said the stricter approach suggested by Hester Peirce would enable DeFi to expand without compromising rules in traditional capital markets. Read More at https://cointelegraph.com/news/secs-peirce-tempers-expectations-over-innovation-exemption-for-tokenized-stocks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase premium hits monthly low as institutional selling pressure mounts
Uncertainty surrounding the current macro environment “appears to be pushing institutions toward hedging strategies while waiting for greater clarity,” said analyst Darkfost. Read More at https://cointelegraph.com/news/coinbase-premium-hits-monthly-low-as-institutional-selling-pressure-mounts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound