Cointelegraph·
Representative James Comer asked CEOs of two major prediction market companies for information on their responses to insider trading after “suspiciously timed trades” related to US military actions against Iran.
Read full articleThe investigation could lead to stricter regulations on prediction markets, impacting how geopolitical events are speculated and traded. The post Congress probes Polymarket, Kalshi over Iran strike insider trading allegations appeared first on Crypto Briefing.
Kalshi is backing a new advocacy group to fight the gaming lobby over prediction market regulation. The new organization, Americans for Fair Markets, launched on May 22 to shape federal policy on prediction markets and federally regulated exchanges. It will…
The exploit highlights the critical need for robust security practices in crypto platforms, as trust hinges on operational integrity. The post Polymarket hit by $700K exploit of internal top-up wallet appeared first on Crypto Briefing.
Iran's rejection complicates diplomatic efforts, potentially destabilizing U.S.-Iran relations and impacting regional geopolitical dynamics. The post Iran rejects US demand to hand over enriched uranium appeared first on Crypto Briefing.
The linkage of uranium delivery to sanctions relief could pave the way for renewed US-Iran diplomacy, impacting regional stability. The post Iran links uranium delivery to sanctions relief in nuclear talks: Sky News Arabia appeared first on Crypto Briefing.
Iran's stance may heighten geopolitical tensions, hinder diplomatic progress, and reduce chances of a timely resolution on nuclear issues. The post Iran refuses to discuss nuclear details, stalling US-Iran talks appeared first on Crypto Briefing.
A permanent toll on the Strait of Hormuz could exacerbate global inflation, impacting energy markets and increasing demand for inflation hedges. The post Iran and Oman negotiate permanent toll system for Strait of Hormuz, raising energy price and inflation concerns appeared first on Crypto Briefing.
Rep. James Comer, Chairman of the House Committee on Oversight and Government Reform, sent letters to Polymarket and Kalshi to ascertain the measures these platforms are taking to curb these practices. Comer referred to the prediction markets ecosystem as the “Wild West.” Rep. James Comer Launches Probe On Insider Trading Happening On Prediction Markets Kentucky […]
