Polymarket, a prediction market platform, suffered a significant security breach resulting in the loss of approximately $700,000 due to an exploit in its 'internal top-up' wallet. The vulnerability allowed unauthorized access, leading to the draining of funds. In response, Polymarket has paused all operations and is investigating
Mark Cuban has sold his Bitcoin holdings, marking a significant move for the billionaire investor and entrepreneur. He cited concerns over the cryptocurrency's volatility and regulatory challenges as reasons for his decision. Cuban, known for his involvement in various tech ventures and as the owner of the Dallas
NEAR Protocol's token surged by 28% following announcements of significant upgrades focused on privacy, artificial intelligence, and scalability. The upgrades aim to enhance the platform's functionality and attract more developers and users. NEAR's commitment to integrating advanced technologies is seen as a strategic move
Galaxy Digital CEO Mike Novogratz testified in court regarding the failed $1.2 billion acquisition of BitGo, a digital asset custody firm. The deal, which was announced in May 2021, fell through due to regulatory challenges and other complications. Novogratz emphasized the importance of the acquisition for Galaxy's
A recent research report highlights the risks associated with tokenized stocks, particularly concerning liquidity and revenue fragmentation. The study suggests that while tokenized stocks offer benefits like fractional ownership and 24/7 trading, they may lead to a dilution of liquidity across multiple platforms. This fragmentation can complicate price discovery