A draft XRPL amendment notes that flash loan attacks are “structurally impossible” on the network because of how its transactions are built, …
Blocks
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In brief Indonesian authorities blocked Polymarket on Friday, citing violations of local gambling laws. The ministry is tracing affiliated social media accounts …
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Markets
Indonesia blocks Polymarket, calling prediction market online gambling in disguise
by shayaanby shayaanAuthorities stated that using crypto or blockchain doesn’t change platforms that let users wager on uncertain outcomes from being gambling products. www.coindesk.com
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The European Central Bank (ECB) has pushed back against proposals to loosen rules for euro-denominated stablecoins. It is intensifying a growing debate …
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Finance
China rejects claims it blocks startup funds but foreign capital continues to exit Chinese data centers
by shayaanby shayaanChina has denied claims that it is discouraging local tech companies from taking foreign investment, despite continued withdrawals by international investors from …
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Finance
China blocks Meta’s $2 billion Manus acquisition over AI security concerns
by shayaanby shayaanChina has ordered Meta to unwind its more than $2 billion acquisition of AI startup Manus, escalating Beijing’s scrutiny of US investment …
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Regulation
Brazil blocks Kalshi and Polymarket in crackdown on prediction markets
by shayaanby shayaanBrazil has blocked access to prediction market platforms including Kalshi and Polymarket, escalating a regulatory crackdown on products officials say operate like …
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Markets
Litecoin hit by denial-of-service attack, rewrites 13 blocks to reverse effect
by shayaanby shayaanLitecoin’s foundation called the weekend exploit a zero-day. The litecoin-project GitHub repository shows the consensus vulnerability was privately patched between March 19 …
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Markets
Federal judge blocks Arizona from bringing criminal charges against Kalshi
by shayaanby shayaanJudge Michael Liburdi ordered Arizona not to bring any enforcement actions under state law against Kalshi, at least temporarily. www.coindesk.com
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Regulation
Appeals court blocks New Jersey from shutting down Kalshi’s sports markets
by shayaanby shayaanAn appeals court ruled Monday that New Jersey could not temporarily ban prediction market provider Kalshi, giving the platform a much-needed win …