South Korea weighs action against Polymarket over gambling concerns
South Korea’s media and communications review body said it will hear from Polymarket before deciding whether to take corrective action against the prediction market platform. ...
Tag : Action
Abracadabra takes emergency action as MIM stablecoin depeg worsens
Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. ...
Ethereum MEV Bot JaredFromSubway Threatens Legal Action After $7.5 Million Loss
In brief Jaredfromsubway, a well-known trading bot, fell victim to a series of transactions that left its logic exposed to malicious behavior. The trading bot...
Ireland Tightens Crypto Safeguards in New Financial Crime Action Plan
In brief Ireland’s government launched a new National Risk Assessment and 30-point action plan Thursday, naming the misuse of crypto-assets among the country’s evolving financial-crime...
Bitcoin slips to $65K after Israel’s action clouds U.S.-Iran peace hopes
Bitcoin has fallen back toward $65,000 after renewed tensions involving Israel and Lebanon tempered optimism surrounding a potential U.S.-Iran agreement, while traders also reduced risk...
Bitcoin tags $63.2K as BTC price action ignores inflation, Iran Hormuz closure
Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route. Key points: Bitcoin sees...
OpenAI weighs legal action over Apple’s ChatGPT‑powered Siri
OpenAI’s Siri alliance frays over money and control. Summary OpenAI is reportedly considering legal action against Apple over how ChatGPT has been integrated and monetized...
Class action claims Believe founder collected $54M while diluting token holders
A class action lawsuit has accused Believe founder Ben Pasternak of extracting $54 million in fees through token migrations tied to Launchcoin while leaving investors...
CFTC files lawsuit blocking Wisconsin action against prediction markets
The U.S. Commodity Futures Trading Commission has sued Wisconsin, escalating its legal push to block state action against federally regulated prediction market platforms. Summary CFTC...
Over 120 Crypto Companies Send Emergency Letter to the Senate Demanding Action on the CLARITY Act
More than 120 crypto organizations, led by the Crypto Council for Innovation and the Blockchain Association, sent a joint letter to the Senate Banking Committee...