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The chair of the powerful House Oversight Committee has requested documents from Polymarket and Kalshi regarding insider trading and war-related markets.
Read full articleThe incident underscores the critical need for robust operational security in crypto, highlighting vulnerabilities beyond technical exploits. The post Polymarket investigates private key compromise, no contract exploit found appeared first on Crypto Briefing.
Institutional crypto adoption accelerates as Tether expands Bitcoin holdings, miners pivot to AI and Polymarket joins Nasdaq amid $1 billion fund outflows.
Polymarket's Japan entry could set a global precedent for prediction markets, influencing regulatory stances and market adoption worldwide. The post Polymarket targets Japan market entry, seeks regulatory approval by 2030 appeared first on Crypto Briefing.
Polymarket's security lapse highlights the critical need for robust operational security and key management in the evolving crypto landscape. The post Polymarket investigates suspicious transactions, confirms no contract hack appeared first on Crypto Briefing.
Blockchain investigator ZachXBT first pointed to a possible hack, indicating that $520K were drained so far. Polymarket acknowledged the security event and stressed that it was taking action after the compromise of an alleged private key, explaining that user funds were safe. Polymarket Faces Security Event: No User Funds Affected Polymarket, one of the largest […]
The U.S. House Committee on Oversight and Government Reform has opened an investigation into Polymarket and Kalshi over concerns tied to insider trading and wagers allegedly linked to classified information. According to a statement released by the committee, Chair James…
Representative James Comer, Republican of Kentucky and chairman of the House Oversight and Government Reform Committee, announced a formal investigation into prediction market platforms Polymarket and Kalshi on May 22 — demanding that the CEOs of both companies explain how their platforms detect and prevent insider trading, in a probe triggered by a series of […]
Increased scrutiny of prediction markets may lead to stricter regulations, impacting how these platforms operate and their user base. The post House Oversight chair seeks data from Kalshi and Polymarket CEOs on suspicious bets appeared first on Crypto Briefing.
