Market
Technology
Polymarket faces backlash over resolving disputed $7 million Trump-Ukraine market
Polymarket said it would not refund impacted users despite community outrage.
Regulation
South Korea blocks 17 overseas crypto exchange apps in registration crackdown
Users urged to withdraw assets as South Korea clamps down on foreign crypto platforms to curb money laundering.
Regulation
SEC to host 4 additional crypto roundtables to tackle topics including trading, custody, DeFi
Commissioner Hester Peirce emphasizes the SEC's commitment to regulatory clarity through planned expert-led crypto roundtables.
Hacks
DeFi platform MIM Spell offers 20% bounty to hacker after $12.9 million ETH heist
GMX unaffected by MIM Spell hack, clarifies isolation of breached smart contracts.
Investments
BlackRock taps Solana for BUIDL tokenized fund as Bitcoin ETP debuts in Europe
BlackRock introduces Bitcoin ETP in Europe and integrates BUIDL to Solana in strategic blockchain embrace.
Stablecoins
World Liberty Financial releases USD1 stablecoin plans to ease pressure from scam clones
WLFI aims to disrupt market giants with USD1, a stablecoin boasting decentralized finance roots and traditional financial oversight.
Regulation
Bitcoin gains state-level traction in Arizona, Kentucky, and Oklahoma
Republican leadership strengthens crypto-friendly initiatives across these key US states.
Stablecoins
World Liberty Financial cautions about USD1 scams amid upcoming stablecoin launch
WLFI has yet to issue any specific details about the impending USD1 stablecoin.
Adoption
Trump Media to launch crypto ETFs on Crypto.com amid CRO controversy
TMTG’s ETF launch with Crypto.com could broaden crypto access, yet faces backlash from the community.
Exchanges
Binance suspends staff, bans market maker to tackle insider trading and manipulation
Binance said its efforts are designed to better protect its users from nefarious market activities.
ETF
21Shares launches Bitcoin, Solana, and XRP ETPs on Nasdaq Stockholm
21Shares capitalizes on growing institutional interest to inroduce transparent crypto ETPs in Europe.
Tokenization
dYdX jumps 8% after introducing token buyback program to bolster network security
Following its mainnet transition, dYdX urges migration of ethDYDX tokens as buyback program debuts.