1d ago
Polymarket case tests where prediction-market knowledge becomes insider trading
A U.S. Army soldier placed a $32,537 wager on Polymarket at 3 a.m. on January 3, 2026, betting Nicolás Maduro would be removed within a month, and the position later paid out $436,000. He was indicted on April 24, 2026 and pleaded not guilty, highlighting that U.S. rules still lack a clear line between lawful information advantages and illegal use of material non-public information in crypto prediction markets.
BTC
BTC-1.11%
1d ago
1d ago
THORChain pauses signing after Asgard vault exploit drains about $10.7M–$10.8M
THORChain said on 15 May it automatically detected abnormal activity and halted signing, pausing churn after one of its Asgard vaults was compromised. The exploit drained roughly $10.7 million to $10.8 million, with the protocol saying early signs indicate user funds were not directly impacted and losses were limited to protocol-owned funds. Separate commentary from Ledger CTO Charles Guillemet suggested the incident may relate to MPC/TSS signing infrastructure, though the root cause has not been confirmed.
BTC
BTC-1.11%
1d ago
1d ago
BlackRock-Backed Basin Targets Tokenized Treasuries With Up to $1B Daily Stablecoin Liquidity
Grove has introduced Basin, a blockchain-based liquidity facility supported by firms including BlackRock and Janus Henderson, aimed at speeding up redemptions for tokenized Treasury funds. The system is designed to offer investors access to as much as $1 billion in stablecoin liquidity per day while traditional settlement continues in the background. BlackRock's $2.2 billion BUIDL and the $1.1 billion Janus Henderson Anemoy Treasury Fund (JTRSY) are the first connected products.
BTC
BTC-1.11%
1d ago