Polymarket allegedly paid influencers at least $350,000 for undisclosed promotions: report

Cardano analytics platform TapTools has announced that it is shutting down, providing a major blow to the ADA ecosystem. This comes amid allegations that the network is a ‘Zombie Chain’ with low user activity.  Cardano’s TapTools Announces It Is Winding Down In an X post, TapTools announced that they are preparing to wind down their […]

Crypto pundit Ash Crypto has drawn attention to speculations about how institutions could be crashing the Bitcoin price on purpose. This comes as the Bitcoin ETFs continue to record massive outflows, which have caused this latest decline for the leading crypto.  Pundit Highlights Speculations Of Institutions Purposely Crashing Bitcoin Price In an X post, Ash Crypto claimed there were rumors that institutions are purposely crashing the Bitcoin price so they can buy at lower prices before the Clarity Act is signed into law. The pundit noted that a similar pattern had played out in August 2022, when BlackRock filed for a private Bitcoin trust, and BTC later dropped about 36% before forming a bottom.  Related Reading: What To Expect For The Bitcoin Price By EOY 2026 Following that, BlackRock then filed for a spot Bitcoin ETF, and the Bitcoin price later surged by 95%. Ash Crypto noted that BTC hit a new high in January 2024, when spot ETFs were approved. He added that insider institutions

Nvidia's dominance in AI-chip demand reshapes market dynamics, challenging traditional tech leaders and influencing future market cap forecasts. The post Nvidia poised to end June as largest company by market cap: Polymarket appeared first on Crypto Briefing.

Michael Saylor has urged Bitcoin supporters to balance purity, adoption, innovation, and stability as the asset trades near its weakest levels in almost two years. Saylor, writing in a Friday post on X, said Bitcoin’s future should not depend on…

Michael Saylor said Bitcoin has moved far beyond its early life as a niche protest and now reaches individuals, companies, banks, capital markets, and governments. Related Reading: Bitcoin Falls To $61,300 As Mt. Gox Moves BTC, Raising Selloff Concerns In a new paper posted on X, he grouped the Bitcoin world into four camps and […]

Cardano founder Charles Hoskinson rejected speculation that he is leaving the ecosystem, saying in a June 4 livestream that he is stepping back from public-facing communication but not resigning from Cardano. The comments came after his brief “taking a break” post on X triggered concern across the community and inquiries from journalists Hoskinson opened the […]

Arthur Hayes says Maelstrom has sold its entire Zcash position after new disclosures around the Orchard Pool vulnerability sharpened the perceived risk around ZEC’s monetary integrity. The move effectively ends his recent “Holy Trinity” trade across ZEC, NEAR and HYPE, while leaving Worldcoin as the AI-linked bet he says the fund still holds. “The Holy Trinity is dead,” Hayes wrote on X. “Sadly due to the Orchard Pool exploit, I had to dump our entire ZEC bag.” Why Is Hayes Dumping Zcash Now? The post followed a detailed statement from Zooko Wilcox, Jason McGee and Taylor Hornby, who described the issue as “The Orchard Counterfeiting Vulnerability.” According to their summary, Hornby discovered a critical vulnerability in Zcash’s Orchard pool on May 29 and disclosed it to Zcash Open Development Lab, which then coordinated an emergency response completed on June 2. The key line was stark: the vulnerability “could have been exploited to undetectably create an unlimited amount of counterf

South Korean police investigate Polymarket users for alleged illegal gambling as election betting volumes reach billions of won. South Korean police have launched the country’s first investigation into local users of Polymarket. It is the largest prediction market in the world. Some users are suspected to have been involved in illegal gambling activities on the […] The post South Korea Launches First Probe into Polymarket Users appeared first on Live Bitcoin News.