Base’s social bet left it trailing in prediction markets and perps: Pollak
Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was “definitively wrong” to bet on social experiences driving crypto adoption.
Stanford study says 5-minute Bitcoin prediction markets enable settlement manipulation
Researchers found that Polymarket’s five-minute Bitcoin prediction markets create incentives to manipulate spot prices around contract settlement, proposing longer settlement windows as a potential fix.
Revolut receives in-principle approval from UAE authorities for crypto services
Dubai’s Virtual Assets Regulatory Authority approved the London-headquartered fintech company for broker-dealer, management and investment, and exchange services in the UAE.
US Senator blasts AG pick for ‘dismantling’ crypto unit, Trump’s CZ pardon
President Donald Trump’s pick for US Attorney General faced criticism from members of the Senate Judiciary Committee on his approach to crypto enforcement and the pardon of former Binance CEO Changpeng Zhao.
Ostium pauses trading as security firms report multimillion-dollar oracle exploit
Ostium halted trading and advised revoking contract approvals after blockchain security firms reported an apparent oracle-related exploit of its OLP liquidity vault, with estimated losses ranging from $18 million to $22 million.
Aave launches V4 on Avalanche, laying groundwork for tokenized credit markets
The deployment marks Aave V4’s first expansion beyond Ethereum and introduces lending infrastructure designed to support future markets for tokenized real-world assets.
Securitize, Cantor target tokenized IPOs for public markets
Securitize and Cantor Fitzgerald are developing infrastructure for tokenized IPOs and secondary equity offerings within the existing US securities framework.