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Polymarket
The Dark Side of Crypto
HTX, the crypto exchange advised by Justin Sun, recently redeemed over 5100 wrapped bitcoins worth about $500 million, though HTX’s proof-of-reserves don’t include any WBTC at all. Plus, the mudslinging between Polymarket and Kalshi, and Pump.fun disabled its livestream feature amid disturbing shock videos. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Polymarket Blocks French Traders Amid Gambling Inquiry
The prediction market juggernaut is under investigation in the country.
XRP Price Surges Amid Record Futures Bets; Who Will Be the Next U.S. Treasury Secretary?
XRP surged to a three-year high over the weekend to more than $1.20 with futures bets soaring to record levels. Plus, Polymarket bettors put their money on who the next Treasury Secretary will be. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Polymarket Trader Loses Millions on Tyson After Making Bank on Trump
Plus: the market is not confident if Matt Gaetz will be confirmed as Trump's attorney general.
Crypto for Advisors: Post-Election Review
A week after the election, crypto sentiment remains strong. Polymarket, bitcoin and a possibly more efficient and crypto-positive government are all tailwinds to look forward to.
Polymarket's Probe Highlights Challenges of Blocking U.S. Users (and Their VPNs)
What can offshore crypto companies practically do to stop Americans from accessing their services – and what do regulators expect them to do?
Polymarket CEO's Home Is Raided by FBI
"This is obvious political retribution," said a Polymarket spokesperson. Bloomberg reported that DOJ is investigating the company for letting U.S. users access the site.
'High Likelihood' Cardano Founder Charles Hoskinson Will Become Trump's Crypto Advisor
Cardano's ADA token surged as a top chief to Cardano founder Charles Hoskinson said there's a "high likelihood" he could become Trump's crypto advisor. Plus, France's gambling regulator is examining the operations of Polymarket and WonderFi's CEO has been released after being abducted. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Republicans Look Set to Win House, Clinching Electoral Sweep of Congress and White House
This gives Donald Trump and his party leeway to do whatever they like at the federal government level.
French Regulator Says It's 'Examining' Polymarket
The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election
