Michael Selig said blockchain-powered prediction markets could improve price discovery and public information, even as several US states challenge the platforms in court.
Amin Haqshanas
Amin (Ruholamin) Haqshanas is a staff writer at Cointelegraph covering cryptocurrency and finance-related topics. He has over four years of experience in crypto journalism and has previously contributed to outlets such as CryptoNews, The Tokenist, EthereumPrice.org, and Milk Road. He holds a bachelor’s degree in Mechatronics Engineering from Herat University.
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CFTC chair backs blockchain-based prediction markets as ‘truth machines’ - News
US lawmakers probe Trump family-linked firm over Chinese stock scams Dominari Securities, tied to Eric Trump and Donald Trump Jr., is among the brokerages named in the congressional probe.
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Blackstone-owned AirTrunk secures record $1.24B loan for Tokyo AI data center A consortium of 12 banks, led by SMBC, MUFG, Crédit Agricole CIB and Société Générale, arranged the record financing for AirTrunk’s Tokyo data center expansion.
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AI agent attempts unauthorized crypto mining during training, researchers say The experimental AI agent ROME attempted to divert GPU resources for crypto mining during training and opened an external SSH tunnel, researchers said.
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Spot Bitcoin ETFs post second straight weekly inflows for first time in 5 months US spot Bitcoin ETFs recorded their second consecutive week of net inflows, ending a five-month outflow streak.
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CZ says CEXs have ‘zero motive’ to aid terrorists as court dismisses terrorism suit A US federal judge dismissed a lawsuit accusing Binance, Changpeng Zhao and Binance.US of helping terrorist groups move crypto funds.
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Kalshi, Polymarket eye $20B valuations in potential fundraising: WSJ Lawmakers are pushing new regulation for prediction markets after suspiciously timed Polymarket bets on US and Israeli strikes on Iran raised insider-trading concerns.
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Grok delivers viral vulgar roasts of Musk, Netanyahu and Starmer xAI’s Grok drew massive attention on X after delivering profanity-filled roasts of Elon Musk, Benjamin Netanyahu and Keir Starmer following user prompts.
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Florida Senate passes state-level stablecoin bill, awaits DeSantis’ signature SB 314 expands Florida’s money services law to cover stablecoins, requiring issuer compliance with existing regulations while banning unlicensed issuance.
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Revolut makes second attempt at US bank charter, names new CEO for US business Revolut’s renewed push for a US banking license follows a failed 2021 attempt, as the $75 billion fintech expands globally.
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Coinbase execs face new lawsuit seeking damages, insider profit clawbacks The lawsuit seeks damages for Coinbase, governance reforms and the return of compensation and profits allegedly earned by insiders amid the company’s compliance failures.
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Anthropic reopens Pentagon talks as tech groups push Trump to drop risk tag: FT Anthropic previously secured a $200 million Pentagon contract, and its AI has been used in classified operations, including support for US airstrikes on Iran, the Financial Times reports.
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South Korea moves to cap crypto exchange shareholder stakes at 20%: Report South Korea’s government and ruling party reportedly agreed on a proposal to cap major shareholder stakes in crypto exchanges at 20%, with limited exemptions for new operators.
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Iran’s largest crypto exchange shows no clear signs of capital flight: TRM TRM said a post-strike spike in Nobitex wallet activity looked like routine liquidity moves, even as Chainalysis flagged higher outflows from Iranian exchanges overall.
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Cathie Wood’s Ark loads up on Coinbase, Robinhood as stocks slide on Iran conflict The purchases came as geopolitical tensions tied to the US and Israel's conflict with Iran weighed on global markets, pushing major indexes lower.
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Deloitte signs off on Anchorage reserve report for Tether’s USAT stablecoin Big Four firm Deloitte attested to $17.6 million in reserves backing USAt, Tether’s new US-regulated stablecoin issued by Anchorage Digital Bank.
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Riot reports record $647M revenue in 2025 as other Bitcoin miners struggle Riot Platforms posted record 2025 revenue of $647 million, driven by $576 million in Bitcoin mining revenue, while holding 18,005 BTC worth $1.6 billion.
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BitMEX co-founder pledges $27M to London maths institute after Trump pardon Ben Delo paid a $10 million fine after pleading guilty to US banking violations in 2022 and was granted a pardon by President Donald Trump in March 2025.
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Tokenized gold drives weekend price signals while CME futures are closed Tokenized gold markets like PAXG and XAUt now handle nearly all gold price discovery when CME futures shut for the weekend.
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US military used Anthropic in Iran strike despite ban order by Trump: WSJ The US military reportedly relied on Anthropic’s Claude AI for intelligence analysis and targeting during an Iran strike hours after Trump ordered a ban on the company’s systems.
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6 Polymarket traders net $1M on US-Iran strike, spark insider fears: Report The newly created Polymarket wallets placed bets on the timing of a US strike against Iran, buying shares hours before the first explosions were reported in Tehran.
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11 US senators request federal probe into Binance’s sanctions compliance Lawmakers urge US regulators to review Binance’s AML and sanctions controls after reports of Iran-linked transactions and potential evasion risks.
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Tether froze $4.2B in tokens tied to illicit activity in 3 years: Report Tether blocked billions in USDt tied to scams and laundering cases as authorities increasingly rely on stablecoin issuers to halt suspicious funds.
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OpenAI wins defense contract hours after government ditches Anthropic OpenAI will deploy its AI models on Pentagon classified networks after the US government ordered agencies to stop using rival Anthropic over national security concerns.
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Telegram’s in-app crypto wallet to offer yield on Bitcoin, Ether and USDt Telegram’s crypto wallet introduces self-custodial vaults, letting users earn yield on Bitcoin, Ether and USDt directly inside the messaging app.
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Middle East tensions boost gold as investors seek safe havens Escalating US-Iran tensions are boosting safe-haven demand, with gold attracting investors while equities and Bitcoin face pressure.
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Whale loses $8.2M in leveraged ARC trade on Lighter A massive leveraged long in the ARC perpetuals market collapsed on Lighter, triggering auto-deleveraging but limiting liquidity provider losses to about $75,000.
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South Korea moves to require crypto, stock influencers to disclose holdings: Report A proposed law would require online investment influencers to reveal their holdings and paid promotions, with penalties potentially comparable to market manipulation violations.
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US senator launches probe into Binance over Iran, Russia sanctions claims Binance rejected the allegations, saying it flags suspicious activity, enforces strict compliance procedures and does not permit Iranian users on the platform.
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Anchorage buys STRC as Wall Street shorts mount against Saylor’s Bitcoin proxy Strategy has become the most-shorted large-cap US stock as hedge funds ramp up bearish bets, according to data from Goldman Sachs.