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6 Polymarket traders net $1M on US-Iran strike, spark insider fears: Report

Six traders on the prediction market platform Polymarket reportedly made $1 million by betting on the likelihood of a US-Iran military strike. The significant profits raised concerns about potential insider trading, as the traders seemed to have anticipated the strike before it was publicly announced. The incident has prompted discussions about the integrity of prediction markets and the potential for manipulation. Polymarket has stated that it is investigating the situation to ensure fair practices. This event highlights the risks associated with trading on sensitive geopolitical events.

Read the full article: Coin Telegraph

The Legal Strategy Behind Crypto Exchange Backpack's Token-to-Equity Program

Crypto exchange Backpack has launched a token-to-equity program aimed at providing a legal framework for token holders to convert their tokens into equity in the company. This initiative is designed to comply with regulatory requirements and address concerns about the classification of tokens as securities. The program is part of

You Can Earn Real Bitcoin for Playing This Mining Empire Game—Should You Bother?

A new game called Mining Empire allows players to earn real Bitcoin by engaging in virtual mining activities. Players can build and manage their own mining operations, with the potential to earn cryptocurrency as they progress. However, experts caution that the game's profitability may be limited and that

Stablecoin yield rewards (likely won't be) banned under OCC proposal: State of Crypto

The Office of the Comptroller of the Currency (OCC) has proposed regulations that may impact stablecoin yield rewards, but it is unlikely that these rewards will be banned outright. The proposal aims to clarify the regulatory framework surrounding stablecoins and their associated yield-generating activities. Industry experts believe that while there

Strategy lifts STRC dividend to 11.5% as MSTR extends monthly losing streak to 8

STRC has increased its dividend to 11.5%, reflecting a strategic decision aimed at enhancing shareholder value. Meanwhile, MSTR has faced challenges, extending its monthly losing streak to eight consecutive months. This downturn in MSTR's performance highlights ongoing volatility in the cryptocurrency market. Investors are closely monitoring these

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The Legal Strategy Behind Crypto Exchange Backpack's Token-to-Equity Program

You Can Earn Real Bitcoin for Playing This Mining Empire Game—Should You Bother?

Stablecoin yield rewards (likely won't be) banned under OCC proposal: State of Crypto

Strategy lifts STRC dividend to 11.5% as MSTR extends monthly losing streak to 8