Polymarket faces a lawsuit in New York after two users claimed the platform wrongly denied payouts on a Bitcoin sale prediction market. The plaintiffs argue that Strategy's SEC filing confirmed a Bitcoin sale before the deadline, fulfilling the market's conditions, but Polymarket resolved the market as 'No' by changing the resolution criteria after the fact. The lawsuit accuses Polymarket of breach of contract and deceptive practices, seeking damages and other relief. This case highlights risks in prediction markets when rules are altered post-outcome and comes amid regulatory scrutiny of Polymarket's business practices.
A recent Bitcoin liquidation map reveals that the short-side liquidation risk above the $80,000 price level stands at $1.45 billion, which is about 2.6 times higher than the long-side risk below $75,000, estimated at $550 million. This map highlights...
The ZiskVM team is experimenting with the OP Stack, an open-source framework designed to build independent Ethereum layer-2 networks. Networks like World, Unichain, and Soneium run their own OP Stack chains, while Ink uses OP Enterprise. Since these ...
Uniswap (UNI) experienced a 10.80% drop in Open Interest and a 7% price decline as a whale sold 1 million UNI tokens worth $7.32 million, amid broader market fear. The altcoin market has been bearish, with a $173.74 billion drop in market cap over th...
During the worst stock market week since April 2025, Warren Buffett's Berkshire Hathaway shares rose 5.2%, reaching a record high while holding about $365 billion in cash. This cash reserve, about 29% of Berkshire's market value, allows the company t...
Circle froze about $1.1 billion in USDC linked to the October 29 Binance security breach, blocking transactions at designated addresses but not reversing completed blockchain transfers. The freeze was coordinated with law enforcement following legal ...
