Polymarket suspends trading after third-party breach leads to user losses
Polymarket said one of its third-party providers was breached after users reported seeing their accounts drained.
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Polymarket said one of its third-party providers was breached after users reported seeing their accounts drained.
The amount of money the crypto media firm has been shopping itself for was not revealed.
Bitcoin held earlier gains following the report, up more than 2% over the past 24 hours and just below $87,000.
The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.
Both sides agreed the 0.2% tax should be put off until July 1, if the court approves the deal, which will let the state and industry focus on the legal dispute.
Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements.
Some smaller hedge funds with weaker security controls may have lost funds in the targeted attack, sources said.
The U.S. Securities and Exchange Commission issued a blanket 5-year exemption for listing and trading tokenized securities without registering as an exchange.
The widely expected move places the U.S. Federal Reserve’s benchmark fed funds rate range at 3.75%-4.0%.
The years-long effort to set U.S. regulations for crypto markets couldn’t muster enough support to make the leap over the Senate’s final 60-vote hurdle.