Three Polymarket traders made timely bets on US-Iran ceasefire
Lookonchain noted that the “yes” bets were placed at probabilities between 2.9% and 10.3%, with the three wallets placing their first bets within 26 hours of the announcement.
FDIC moves to regulate stablecoin issuers under the GENIUS Act
FDIC’s proposed rules providing insurance for corporate deposits of stablecoin issuers will not extend to the stablecoin holders, as it would conflict with the GENIUS Act’s text, the FDIC said.
Bitcoin reclaims $72K after US, Iran agree to 2-week ceasefire
Iran's Supreme National Security Council on Wednesday accepted a two-week ceasefire in its war against the US, but emphasized this did not mean an end to the war.
Iran’s Bitcoin hashrate falls 77% over the past quarter amid conflict
The 30-day simple moving average of the global network hashrate has also declined, though an analyst says the slump is due to Bitcoin prices hurting mining profitability rather than conflict.
Democrats question CFTC chair on insider trading in prediction markets
The seven House members may have affirmed the commission‘s authority over prediction markets, but asked questions about its inaction on insider trading.