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Polymarket just resolved “YES” on a $16 million market asking whether the Trump administration would declassify UFO files in 2025… even though no documents have been released.The outcome arrived after late-session buying near 99 to 99.9 cents, and a resolution through UMA’s Optimistic Oracle, which recorded multiple disputes before finalization.Polymarket UFO marketThe oracle pipeline relies on a two-hour challenge window followed by a tokenholder vote with a commit-and-reveal period that typically spans about two days, with proposer and disputer bonds commonly near $750.Votes are token-weighted, and misbehaving voters can be slashed, which concentrates decision-making power among the traders who supplied…
In brief A federal judge has ordered Connecticut regulators to refrain from enforcement action against prediction market Kalshi pending a preliminary injunction decision. The order follows cease-and-desist letters Connecticut issued last week to Kalshi, Robinhood, and Crypto.com over alleged unlicensed sports gambling. Kalshi says its CFTC designation grants exclusive federal jurisdiction, while Connecticut claims the contracts violate state gaming laws. A federal judge has temporarily blocked Connecticut from enforcing gambling laws against prediction market Kalshi, ordering state regulators to hold off on any enforcement action while the court weighs the company’s request for a preliminary injunction.In a Monday order, U.S.…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Spot XRP ETFs first debuted in the United States back in 2025, and since then, it has been a story of success. The very first, the XRPC by Canary Capital, opened the floodgates, and since then, multiple XRP ETFs have been approved by the US Securities and Exchange Commission (SEC), all to great success. As a result, Ripple CEO Brad Garlinghouse has taken time out to celebrate these approvals and the immense success that the ETFs have enjoyed since launch. Ripple CEO Celebrates XRP ETFs’ Success Earlier…
Bitcoin (BTC) trades at $92,900, up 4% on the day, as $150 billion flowed into the total crypto market cap, a 3% gain as of press time.The price briefly touched $94,600 before pulling back, capping a session that saw adoption news from traditional finance converge with macro easing expectations and forced liquidations of leveraged shorts.PNC, the eighth-largest US commercial bank by assets, launched direct spot Bitcoin trading for eligible clients through its proprietary platform. The service runs on Coinbase’s Crypto-as-a-Service infrastructure, extending crypto access to a client base that previously lacked on-platform exposure.According to the announcement, the move places Bitcoin…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano founder Charles Hoskinson has declared Midnight officially launched, describing it as the “first fourth generation cryptocurrency” and claiming it has already become “a billion dollar ecosystem heading to a $10 billion ecosystem.” In a December 9 livestream from Colorado, recorded after he was forced to cancel an appearance at Abu Dhabi Finance Week due to severe food poisoning and a jet malfunction, Hoskinson framed the launch as both a technical milestone and an ideological statement about how cryptocurrencies should be built and distributed. Cardano Founder Touts…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Tuesday, Bitwise announced the launch of the Bitwise 10 Crypto Index ETF (BITW) on the New York Stock Exchange (NYSE), allowing investors to gain exposure to a diverse range of cryptocurrencies in a single investment vehicle. This ETF includes ten digital assets: Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Chainlink (LINK), Litecoin (LTC), Cardano (ADA), Avalanche (AVAX), Sui (SUI), and Polkadot (DOT). Notably, BITW marks the first exchange-traded fund by a major crypto asset manager to incorporate Avalanche, Sui, and Polkadot into its portfolio, as highlighted…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Swapper Finance has launched Direct Deposits in collaboration with Chainlink and Mastercard, aiming to bring global payments directly into the on-chain economy to more than 3.5 billion users worldwide. Swapper Finance Launches Direct Deposits With Chainlink, Mastercard On Tuesday, Swapper Finance, a next-generation payments infrastructure layer that connects global users to on-chain applications, announced the launch of Direct Deposits in collaboration with Chainlink, Mastercard, and multiple key partners. Direct Deposits, which are live now, are set to bring “the global payments world directly into the on-chain economy…
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