Polymarket says it received an amended US CFTC designation, letting it operate a prediction market in the US with a fully regulated exchange structure
Oliver Knight / CoinDesk :
Families of October 7 victims sue Binance and Changpeng Zhao in US federal court, alleging Binance facilitated millions in payments to Hamas after October 7
Now Binance Faces $1 Billion Terror Allegations Israpundit : October 7 Victims Sue Crypto Exchange Binance for Allegedly Facilitating Payments to Terror Groups Mike Heuer / UPI : Hamas attack victims'...
Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation
Prediction-Market Unicorn Hits $2 Billion Valuation Bogdan Patru / Bitcoin Insider : Prediction Market Kalshi Achieves Unicorn Status with $185 Raised at its $2B Evaluation, as BTC Bull Token Predicts...
Coinbase says hackers accessed data of a “small subset” of users, but not credentials, expects to incur $180M-$400M in costs, and refuses to pay a $20M ransom
and the investigators who saw it coming Sead Fadilpašić / TechRadar : Personal information leaked in Coinbase cyberattack, cost could be $400 million Bloomberg : Coinbase Hack Could Cost Company $400 ...
Arkham says ZachXBT submitted proof that North Korea's Lazarus Group is behind Bybit's $1.5B hack, which is the largest single theft in crypto history
There are reports that this address was used in an exploit on Bybit. Faarea Masud / BBC : Cryptocurrency theft of £1.1bn could be biggest ever Cas Abbé / Blockchain.News : Lazarus Group Hacks Bybit fo...
Binance says it will stop support for Bitcoin NFTs on May 18 as it “streamlines” its offerings; Binance users won't be eligible for future Bitcoin NFT airdrops
Oliver Knight / CoinDesk :
Email: Revolut is testing a cryptocurrency exchange targeted at “advanced traders”, with trading fees between 0% and 0.09%, limit and market orders, and more
Oliver Knight / CoinDesk :
Orbit Chain, which facilitates cross-blockchain transactions, loses ~$81M after an attack on its cross-chain bridge protocol, reminiscent of Lazarus Group hacks
Oliver Knight / CoinDesk :
Filing: Gemini sues Genesis Global, its former business partner for its Gemini Earn product, over 60M GBTC shares, worth $1.6B+, that were pledged as collateral
Oliver Knight / CoinDesk :
Layer 2 blockchain Optimism sells 116M OP tokens worth $157M to seven buyers in a “private” sale, after airdropping 19.4M tokens to 31K+ users earlier this week
Oliver Knight / CoinDesk :