matic-network Archives

Polymarket Investigations Dropped by Justice Department, CFTC: Bloomberg

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The U.S. Department of Justice and Commodity Futures Trading Commission have ended investigations into crypto-powered prediction markets platform Polymarket, Bloomberg reported Tuesday, citing an unnamed source familiar with the actions. U.S. authorities last year began investigating the platform for allegedly allowing Americans to use its services. Polymarket had previously reached an agreement with the CFTC […]

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Polymarket Nails NYC Democratic Mayoral Primary Upset, Nears B Unicorn Valuation

Polymarket Nails NYC Democratic Mayoral Primary Upset, Nears $1B Unicorn Valuation

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In brief Blockchain-based prediction platform Polymarket correctly predicted the surprise victory of Zohran Mamdani in the New York City Democratic mayoral primary. Traders pivoted sharply to Mamdani following an Emerson poll. Polymarket is reportedly closing in on a $200 million funding round at a valuation north of $1 billion, led by Peter Thiel’s Founders Fund.

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Why Wall Street Won’t Embrace Crypto Without Zero-Knowledge Privacy

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About the author Howard Wu is the founder of Aleo and CEO of Provable, a company building tools for confidential, compliant payments and developer infrastructure on zero-knowledge blockchains. A UC Berkeley graduate with a background in cryptography and verifiable computing, Wu has co-authored Zexe and DIZK—zero-knowledge systems adopted by Ethereum, Zcash, and others. The views

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Bitget Takes Legal Action Over Alleged M Manipulation of Gaming Tokens

Bitget Takes Legal Action Over Alleged $20M Manipulation of Gaming Tokens

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In brief Bitget is pursuing legal action against eight accounts linked to a “professional arbitrage group.” A VOXEL trading surge triggered suspicions of alleged market manipulation. The incident raises fresh concerns over risk controls and market integrity in the industry. Crypto exchange Bitget is taking legal action against eight accounts it accuses of manipulating VOXEL

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