DeFi

XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi

*** NOT FOR PUBLICATION - EMBARGOED TILL 5AM ET APRIL 30 ****XO Market is betting that the future of prediction markets won’t be dictated...

DeFi

US Judge Bans Celsius Founder Mashinsky From Any Product Involving ‘Assets’

The Federal Trade Commission settlement decision also ordered Mashinsky to pay the commission $10 million.U.S. District Judge Denise Cote on April 28 signed off...

DeFi

WLFI Token Price Drops 14% After Controversial Token Unlock Proposal Goes to Vote

The native token of Trump-family-linked World Liberty Financial dropped nearly 14% on Wednesday as a controversial governance proposal that would place over 62 billion...

DeFi

MoonPay Folds Sodot Into New Institutional Platform

Former acting CFTC Chairman Caroline Pham will run the new business, which bundles key management, custody, execution, and white-label stablecoin issuance into a single...

DeFi

Prediction market trading is exploding and Hyperliquid wants a piece of the action

Hyperliquid has published the fee structure for its outcome tokens, the assets that underpin prediction market-style trading on the platform, in a sign that...

DeFi

Polymarket Hit $25.7B in March Volume as Retail Traders Bet on Sports, Politics and Crypto

A study of 1.29M wallets shows users returning more often and trading across more categories, with sports leading at $10.1B and crypto serving as...

DeFi

ZetaChain Dismissed Bug Report That Could Have Prevented $334K Exploit

The vulnerability that led to ZetaChain’s recent exploit had been flagged through its bug bounty program before the attack, but was dismissed as intended...

DeFi

Meta Launches Stablecoin Payouts In Colombia And The Philippines

The social media giant has rolled out USDC payments via Stripe on Solana and Polygon.Meta has begun rolling out stablecoin payouts for creators, marking...

DeFi