Polymarket’s $50M Zelenskyy suit bet nears resolution

Polymarket's $50M Zelenskyy suit bet nears resolution

Polymarket, the crypto-based prediction market platform, is under fire over a high-stakes bet on whether Ukrainian President Volodymyr Zelenskyy wore a suit before July.  As the $58 million market nears final resolution, allegations of manipulation have shaken user confidence and exposed structural concerns in decentralized dispute systems. According to the official listing, the market titled … Read more

$1.1B Hyperliquid perps whale’s memecoin bet MOONPIG lands Poloniex listing

Memecoin insider traders to face legal reckoning, says crypto VC

MOONPIG, a new Solana memecoin backed by the $1.1B Hyperliquid perps whale, has surpassed $120 million market cap and just landed its first listing on a centralized exchange. Moonpig (MOONPIG) is a memecoin is centered around a cute pig character in a spacesuit. It was launched earlier this month on the Solana (SOL) memecoin launchpad … Read more

Coinbase Makes Big Bet on Derivatives With $2.9B Deribit Deal

🔥

Coinbase is making a serious play in the crypto derivatives game. The U.S.-based exchange just announced it’s buying Deribit, one of the top crypto options platforms in the world, in a $2.9 billion deal. That price tag includes $700 million in cash and 11 million Coinbase shares. The Coinbase Deribit acquisition reflects growing demand for … Read more