Polymarket paid influencers over $350K to promote betting odds on X without disclosure

Arthur Hayes has closed his entire Worldcoin position after turning cautious on WLD and other high-beta altcoins within days of publicly defending the trade. Hayes said in posts on X that he sold the full WLD position on June 6…

Polymarket has accused its archrival Kalshi of corporate espionage, alleging in a New York Post report that the federally regulated exchange serially copied its product launches and may be watching its SoHo offices. The crypto-native platform says it opened an internal probe and kept a dossier of suspicious incidents, and even tinted its windows. Kalshi […]

Cardano's challenges, including infrastructure setbacks and leadership changes, could undermine investor confidence and hinder ecosystem growth. The post Cardano’s ADA falls below $0.16 as Hoskinson announces break from social media appeared first on Crypto Briefing.

Bitcoin has fallen nearly 25% over the past month, yet Coinbase CEO Brian Armstrong has argued that key parts of the crypto industry continue to grow despite the downturn. According to a June 6 X post, Armstrong said many investors…

A cryptocurrency analyst has pointed out how Dogecoin has returned to the support level of a Parallel Channel following the latest market decline. Dogecoin Is Potentially Following A Parallel Channel In a new post on X, analyst Ali Martinez has talked about how Dogecoin is currently trading with respect to a Parallel Channel. This type of technical analysis (TA) pattern forms whenever an asset moves between two parallel trendlines. Related Reading: Bitcoin Price Back At $63,000 Despite 1.2 Million BTC Absorption The upper level of the channel can act as a source of resistance, while the lower can provide support. Together, the trendlines keep the price locked between them. If either of these levels fails, then the price may see a continuation of the trend in the direction of the break. That is, a surge above the pattern can be a bullish signal, while a fall under it is a bearish one. Parallel Channels can be divided into a few different categories based on how the channel is oriented w

The investigation highlights the tension between emerging crypto platforms and traditional legal frameworks, potentially influencing global regulatory trends. The post South Korean police investigate Polymarket users for illegal gambling appeared first on Crypto Briefing.

Polymarket’s chief marketing officer sent more than $2.5 million through a personal PayPal account to over 800 people in 14 months, including at least $350,000 to influencers who promoted the crypto prediction market on X without disclosing they were paid, POLITICO reports. $2.5 Million Through a Personal PayPal Account According to a POLITICO investigation published […]

Uniswap has recorded its largest daily UNI burn under the UNIfication mechanism as Hayden Adams renewed his bullish view on DeFi and Ethereum. Hayden Adams, the creator of Uniswap, said on X that he is “extremely bullish on DeFi and…