Polymarket has clarified that it is not introducing mandatory Know Your Customer checks across its main prediction market platform despite renewed scrutiny over compliance and restricted-jurisdiction access. Summary Polymarket said KYC checks are limited to a new beta product and will not apply to its main prediction market platform. The clarification followed reports that regulators…
A single off-exchange transaction involving nearly 29 million shares of BlackRock’s iShares Bitcoin Trust rattled crypto markets and drew fresh scrutiny to the growing influence of institutional behavior on Bitcoin’s price. On a Tuesday morning in late May, a trader quietly sold 29.2 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) through a dark pool…
Meta employees are questioning Mark Zuckerberg’s pledge to avoid more company-wide layoffs this year as the company restructures around AI. The post Meta Layoffs Leave Employees Wary Despite Zuckerberg’s Reassurance appeared first on TechRepublic. Source link
The world’s largest digital asset-focused investment platform says institutional capital will initially target four blockchain networks as regulatory clarity improves. In a new report, Grayscale says expected regulatory changes, including the Clarity Act that aims to establish rules for classifying and regulating digital assets and guidance from the U.S. Securities and Exchange Commission (SEC), will…
TL;DR: Target’s Pokémon 30th Anniversary Collection is returning for a second drop on June 6, with more than 40 new items launching online at 8 a.m. CT and in most stores when doors open. The new wave includes apparel, accessories, collectibles, travel gear, summer essentials, and online-only Johto and Hoenn Starter Jackets. It’s now available…
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The first installment of this Bitcoin-AI convergence series explored a foundational idea: Bitcoin mining was never just about digital currency. It was designed as…
Bit Digital is extending a $100 million loan facility to a WhiteFiber subsidiary as it links its Ethereum treasury strategy with its AI infrastructure business. Summary Bit Digital originated a $100 million loan facility to support WhiteFiber’s AI infrastructure growth plans. The facility may rise to $150 million if Bit Digital and WhiteFiber reach mutual…
As US voters look to the November midterms, the Trump administration is obsessed with looking back to past elections, seizing ballots cast years ago in several states in search, it claims, of fraud or other malfeasance. But experts believe the goal may be more varied. The seizures began in January when FBI agents armed with…
Bitcoin’s price crashed below $73,000 today – here are two of the possible reasons why. Bitcoin’s price tumbled, losing more than 3.5% in the past 24 hours. The move saw the cryptocurrency decline by over $2,000, resulting in elevated liquidations across derivatives positions, which currently amount to slightly less than $1 billion. Source: TradingView…
Luxury smartphone brand Vertu on Thursday unveiled a foldable phone powered by an AI agent that connects with enterprise software and coordinates workflows. The company is targeting executives who manage business operations and communications on the move. Called the Alphafold, the foldable smartphone starts at $6,880 for the calfskin version. Higher-end models feature bespoke finishes…
