Polymarket has dismissed claims of a knowledge breach after a menace actor referred to as xorcat posted 300,000 data on a cybercrime discussion board. The decentralized prediction market stated the data is publicly obtainable via its APIs and on-chain historical past. The actor, surfaced by the Dark Web Informer monitoring account, claimed to have extracted…
A Bloomberg evaluation discovered that almost all merchants on prediction markets are shedding cash, usually by vital margins. Since January 2025, greater than 100,000 Polymarket accounts have recorded losses of at the very least $1,000, practically double the variety of wallets posting comparable beneficial properties. Polymarket Side Hustle Dream Dies in Bloomberg Investigation According to…
A federal choose rejected Sam Bankman-Fried’s request for a brand new trial on Tuesday, April 28, 2026, denying the previous FTX chief’s try and reopen his legal case based mostly on claims of newly found proof. US District Judge Lewis Kaplan issued the ruling in New York, the place he oversaw Bankman-Fried’s 2023 trial. Bankman-Fried…
America’s cardboard field enterprise simply printed its ugliest quarter in years. Wall Street is whispering the R-word once more. US containerboard manufacturing tumbled greater than 8% throughout Q1 2026, contemporary AF&PA information exhibits. Box shipments slipped 1.9% over the identical stretch, in line with the Fibre Box Association. Producers have already minimize roughly 10% of…
America’s cardboard field enterprise simply printed its ugliest quarter in years. Wall Street is whispering the R-word once more. US containerboard manufacturing tumbled greater than 8% throughout Q1 2026, recent AF&PA information exhibits. Box shipments slipped 1.9% over the identical stretch, in keeping with the Fibre Box Association. Producers have already minimize roughly 10% of…
The United Arab Emirates’ reported resolution to depart OPEC would mark a significant break inside the international oil system. OPEC is a gaggle of oil-producing nations that coordinates output to affect oil costs. In easy phrases, members agree on how a lot oil to pump. Lower provide often helps costs. Higher provide often pressures costs…
US AI shares are heading into a possible breakout window in May 2026. Three of the biggest AI-exposed names all report Q1 earnings between May 4 and May 5, and every one carries a definite technical setup. One sits at a stretched bull flag with quantity divergence beneath. Another is testing a descending channel breakout…
By Matthew Fisher, CEO, Katana “DeFi will not be lifeless. DeFi is United.” is the rallying cry following the decision of the $292 million Kelp exploit on April 19 that renewed the highlight on DeFi’s most seasoned enemy: Lazarus Group, whose estimated 2025 earnings of $1.5bn account for a couple of p.c of North Korea’s…
Capital Gathering, the personal neighborhood connecting the area’s energetic founders, traders, and C-level executives throughout Web3, AI, and rising tech, is internet hosting its third version in Dubai. The theme: Prediction Markets, one of many fastest-growing verticals in finance proper now. With Token2049 Dubai postponed, the neighborhood didn’t disperse. Capital Gathering continues the momentum. The…
A viral wave of UAE commentary unfold on X (Twitter) this week as the Iran strike aftermath continues to form Gulf data flows since early April. Posts ranged from a supposed Sharjah secession declare to opinion-driven warnings about Dubai dealing with everlasting geopolitical danger. UAE Constitution Bars Emirate Secession The UAE Constitution, ratified in 1971,…