Crypto

Polymarket is reportedly seeking entry into Japan amid falling trading volumes and rising regulatory scrutiny, targeting approval by 2030. Polymarket, a global prediction market platform, is reportedly seeking entry into Japan amid growing regulatory scrutiny of the sector worldwide. The company has appointed Mike Eidlin, head of Japan at crypto firm Jupiter, to lead its local efforts and is preparing to lobby for authorization of prediction markets in the country, Bloomberg reported Friday, citing people familiar with the matter. Polymarket is targeting government approval in Japan by 2030, viewing the market as a major untapped opportunity. Read more

SpaceX’s IPO filing and revealed Bitcoin exposure have given crypto investors a formal benchmark for a company they had already begun trading before public markets received the prospectus. On May 20, the firm submitted an S-1 filing with the US Securities and Exchange Commission (SEC), outlining the financial performance, risk factors, and growth ambitions of […] The post SpaceX IPO filing gives crypto investors a new way to price Bitcoin exposure, X payments, and AI compute appeared first on CryptoSlate.

Ark frequently uses broader digital asset downturns, which tend to pull crypto equities lower, as an entry point into cryptocurrency companies.

The prediction market has reportedly appointed a representative in Japan as it aims to secure authorization to operate there by 2030.

Here's how much the attacker has siphon off the platform so far.

Bitcoin holds between $76,000 and $78,000 while AI tokens and HYPE surge; derivatives signal calm conditions with volatility selling dominating options markets.

Polymarket said user funds and market resolution were safe after a suspected private key compromise tied to top-up operations. Polymarket confirmed a security exploit affected part of its infrastructure, pointing to a possible private key compromise involving a wallet used for top-up operations, while saying user funds and market resolution were safe. In a Friday X post, Polymarket developers said contracts and core infrastructure were unaffected. Polymarket product lead Akanshu Jain and multiple other Polymarket employees also said user funds and market resolution are safe. Blockchain investigator ZachXBT first flagged the exploit as a compromise to the Polymarket-linked UMA Conditional Tokens Framework (CTF) Adapter contract on Polygon, with the exploiter draining at least $520,000. Read more

An attacker drained over $600,000 from Polymarket, attacking its UMA CTF Adapter smart contract on Polygon. $POL The post Polymarket Exploit: 5,000 POL Drained every 30 Seconds appeared first on Cryptonews.

Blockchain investigator ZachXBT has highlighted a suspected security breach involving Polymarket, the world’s largest decentralized prediction market platform.

The hacker behind the Verus bridge exploit returned 75% of the stolen funds as part of a recovery deal negotiated with the protocol days after the incident. The attacker behind the Verus bridge exploit has returned 4,052 Ether, worth about $8.5 million, to the project's team wallet after Verus offered a 1,350 ETH bounty for the recovery of most of the stolen funds. The return represents about 75% of the stolen funds, with the exploiter retaining 1,350 Ether (ETH), worth about $2.8 million as a bounty, according to blockchain security firm PeckShield on Friday. Verus had offered the bounty a day earlier, saying it would treat the retained ETH as a reward if the exploiter returned 4,052.4 ETH to the team address within 24 hours. Read more

$XRP price is holding its ground while the rest of the market buckles, as supported by its ETF flow data. The post XRP Price Defies Market Weakness as ETF Flows Crush BTC and ETH appeared first on Cryptonews.

The euro-denominated stablecoin consortium Qivalis has received backing from 37 banks across 15 countries, and the asset is planned to launch in the second half of the year. ING noted that stablecoins already serve wholesale cross-border payments and blockchain-based bond settlement, but most of that activity is denominated in US dollars, creating currency exposure for […] The post Europe’s 37-bank stablecoin push tests whether on-chain finance defaults to euros or dollars appeared first on CryptoSlate.

Near Protocol will introduce dynamic resharding in June, allowing the blockchain to automatically add shards as demand grows without human intervention.

The current value of those Papa John’s pizzas reflects how much Bitcoin as an asset and a network has grown.

Mike Eidlin, head of Japan at cryptocurrency exchange Jupiter, is leading Polymarket's efforts, according to reports.

BTC's implied volatility is a picture of calm even as financial headlines warn of macro risks.

Bitcoin rallied for 90 days after its dip below $60,000, breaking the record for the longest uptrend within a bear market in BTC price history. Bitcoin (BTC) has trended up for 90 days and is seeing a “bull market rally,” analysis says. Key points: Read more

XRP derivatives activity has also stayed elevated even with the token struggling to regain momentum.

Bitcoin Pizza Day turns dark as BTC and ETH battle USD weakness, ETF outflows grow, while Harvard and Cuban dumped holdings. $BTC $ETH The post LIVE – Crypto News, May 22: Happy Bitcoin Pizza Day! BTC USD Battling Support, ETH Morale at Rock Bottom appeared first on Cryptonews.

The transfer was executed on ADI Chain, a layer-2 blockchain designed for institutional payments, treasury operations and trade settlement. The International Holding Company (IHC) executed a 110 million dirham ($30 million) transaction using the DDSC stablecoin on ADI Chain. The company described the transfer as one of the largest disclosed stablecoin transactions executed in the United Arab Emirates. The transaction follows recent approval from the UAE central bank for the dirham-backed stablecoin ecosystem launched by IHC, First Abu Dhabi Bank and Sirius International Holding. DDSC operates on ADI Chain, a layer-2 blockchain developed by ADI Foundation. According to the announcement, the system is designed for institutional use cases including cross-border payments, treasury operations and trade settlement. Read more