Polymarket Faces Controversy as Whale Allegedly Manipulated Market Outcomes

A whale allegedly influenced a Polymarket market resolution using 5 million tokens. The decision cost traders thousands, sparking concerns over decentralized governance integrity. Polymarket, a leading decentralized prediction platform, is under fire after an alleged governance attack led to a controversial market resolution. A large UMA token holder (so-called whale) reportedly manipulated the voting process…

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South Korea Urges Google To Block 17 Unregistered Crypto Exchanges

As South Korea continues to strengthen its crypto regulations, the Financial Intelligence Unit (FIU) has requested Google to block access to 17 unlicensed crypto exchanges. These unregistered virtual asset service providers (VASPs) include KuCoin, MEXC, Phemex, XT, CoinEx, BitMart, and Poloniex, among many others. Reportedly, Google has responded positively to the FIU’s request. As a result, South Korean users will…

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IMF study shows institutional ETF investors drive volatility in corporate bond markets

The International Monetary Fund (IMF) reported that institutional investors are increasing volatility in the corporate bond market by aggressively trading exchange-traded funds. The IMF argued that the heightened volatility is particularly stark during times of market stress when instability often bleeds into real-world effects for corporate borrowers and the investors in their debt. The IMF…

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GameStop Joins the Bitcoin Revolution—Stock Reacts

– Advertisement – GameStop’s decision to add Bitcoin to its portfolio has boosted investor sentiment, with its stock rising 8.3%.  Despite a 28% revenue decline, analysts are hopeful Bitcoin will strengthen the company’s financial position. GameStop, the popular video game retailer, has officially announced it will include Bitcoin in its investment portfolio. The decision follows…

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