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ESMA says prediction markets are rife with insider trading and questions why Kalshi and Polymarket block certain EU countries but not others. The regulator also notes that VPNs can circumvent those restrictions.
Hunter Biden’s LAPTOP memecoin left nearly 80% of traders in the red within hours, according to Bubblemaps data cited by CryptoSlate. Of 15,206 traders, 12,151 lost money and 3,026 were profitable.
VerifiedX launched a $15 million financing round for institutional Bitcoin infrastructure. Cantor Fitzgerald is advising on the transaction, with proceeds intended for BitGo custody, exchange listings and Bitcoin lending programs.
Coin Center’s Laz Pieper says privacy-preserving identity verification could let users satisfy KYC requirements without surrendering underlying personal data, reducing the value of centralized information stores to hackers.
Hunter Biden defended the LAPTOP token ahead of its Wednesday launch, saying it represents “resilience, redemption and recovery” and will distribute coins to nearly one million wallets that lost money on TRUMP.
QuFi launched a post-quantum cryptography platform for verifying digital asset transactions without changing existing blockchain settlement networks, and demonstrated the system with a proof on the Bitcoin testnet.
The National Sheriffs’ Association has moved from opposing the CLARITY Act over consumer-protection concerns to a neutral stance, saying it will allow the legislative process to continue, Cointelegraph reported.
The National Sheriffs’ Association has ended its opposition to the Clarity Act, Bitcoin Magazine reported. The organization previously opposed the bill, but the source gave no reason for the change or market-impact details.
Sony has rejected a $508 million tariff refund claim from PS5 buyers as “illogical,” Decrypt reports. The dispute follows a second PlayStation price increase in March, five weeks after the tariffs were struck down.
Thailand will require licensed crypto operators to add recipient data, collect extra details for transfers above 30,000 baht and verify some self-hosted wallets, while also increasing scrutiny of offshore crypto transfers.
Wyoming is using Chainlink for near-real-time, onchain reserve verification for FRNT, its state-issued stable token. The integration broadens Chainlink’s role in tokenized financial markets, according to Cointelegraph.
Thailand has adopted a crypto Travel Rule requiring digital asset operators to verify control of self-custodial wallets and retain transaction data for five years, according to Cointelegraph.
A U.S. appeals court ruling confirmed state powers over prediction markets, dealing Kalshi a legal setback and widening a split among federal courts. The dispute may eventually reach the U.S. Supreme Court.
