prediction-markets
Here’s What Happened in Crypto Today
Federal regulators held interest rates steady today while issuing a rare hawkish dissent that rattled both crypto and traditional markets, even as Bitcoin held ground near $64,000. The cryptocurrency sector simultaneously saw regulatory progress on the domestic front, with a federal judge blocking Minnesota’s prediction market ban and Binance.US pursuing a CFTC license for U.S.-based...
Polymarket Suffers $3.1M Frontend Hack via Vendor Compromise
Attackers drained $3.1 million from Polymarket users on June 26 by compromising a third-party vendor and injecting malicious code directly into the platform’s frontend interface. The breach affected fewer than 15 accounts, with average losses exceeding $200,000 per victim, and marks the third major security incident the prediction market has faced in under a year....
Here’s What Happened in Crypto Today
Macroeconomic headwinds intensified pressure on digital asset markets today as Federal Reserve rate hike signals sent Bitcoin and Ethereum tumbling below critical support levels, while regulatory developments and software glitches across multiple blockchain networks compounded losses. Institutional players, however, continued counter-trend accumulation strategies, with major mining operations reportedly amassing significant Ethereum holdings despite the weakness....