Ventuals, one of the teams behind real-world asset perpetuals on Hyperliquid, said it is closing its markets and joining another project in …
Markets
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Finance
Legacy sportsbooks are chasing prediction markets that already trade billions each month
by shayaanby shayaanDraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it saw. The …
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Regulation
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
by shayaanby shayaanThe Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state from applying its …
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Markets
Live markets: Bitcoin not fully out of danger as Trump warns of further Iran strikes
by shayaanby shayaanA ceasefire in April collapsed, and US strikes broke a second truce on June 9 with bitcoin giving back the entire move …
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DeFi
ChimpX and Predict Protocol Partner to Bring AI Intelligence to Prediction Markets
by shayaanby shayaanChimpX, a renowned AI-led blockchain network, has collaborated with Predict Protocol, a decentralized prediction platform. The partnership is set to broaden opportunities …
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Smart Contracts
Americans Traded Up to $34 Billion on Offshore Prediction Markets: Study
by shayaanby shayaanIn short A new study commissioned by the Coalition for Prediction Markets shows that Americans bet up to $34 billion on offshore …
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Finance
BOJ rate hike to 1% could reshape Japan’s position in global crypto markets
by shayaanby shayaanThe Bank of Japan (BOJ) is expected to increase interest rates to a level that has not been seen since 1995 at …
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In brief The Bank Policy Institute and The Clearing House said stablecoin AML rules should cover activity after tokens leave issuers. They …
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The Velvet rally isn’t slowing down, and traders may have found a reason why. After surging more than 300% since June 3 …
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Regulation
EU consults on bringing DeFi, prediction markets, and crypto perps under MiCA
by shayaanby shayaanThe European Commission is seeking industry feedback on whether to extend its Markets in Crypto-Assets regulation to cover decentralised finance, non-fungible tokens, …