‘Existential’ token problem seen as supply outpaces value creation: Blockworks exec
Blockworks' Michael Ippolito sees surge in token supply diluting returns, breaking the link between fundamentals and price while raising concerns about crypto’s long-term model.
Drift Protocol says $280M exploit took 'months of deliberate preparation'
Drift Protocol said with “medium-high confidence” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024.
Nevada judge extends ban on Kalshi, rejects event contract defense
The judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license.
Polymarket takes down market on missing US pilot after backlash
Polymarket cited “integrity standards” for removing the market but did not specify which rule was broken, drawing scrutiny from users who questioned how its policies are applied.