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Tag: Breaking

World Cup Boom Drives Polymarket and Kalshi to Record Prediction Market Volumes

Polymarket’s soccer category volume surged by 300% to surpass $2 billion as global football activity fuels record event-market trading. U.S.-regulated platform Kalshi reached a record aggregate open interest of $1.16 billion, crossing the billion-dollar milestone for the first time. The 2026 FIFA World Cup has established prediction protocols as primary venues for real-time sentiment and sport sentiment hedging. The 2026 World Cup...

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France Orders ISPs to Block Polymarket Over Unauthorized Gambling Concerns

ANJ ordered French ISPs to block Polymarket following a July 16, 2026 decision, viewing it as an unauthorized gambling platform. Platform recorded 578,751 visits from 205,057 unique French users in June 2026 despite prior financial transaction restrictions. Promotion of unauthorized gambling services carries potential fines of up to €100,000 ($114,000). Polymarket is already geoblocked in 36 regions as regulatory scrutiny...

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Arbitrum-Based Perpx DEX Ostium Pauses Trading After $24 Million Vault Exploit

Ostium, a decentralized perpetual exchange built on Arbitrum, has halted all trading following a major infrastructure exploit targeting its OLP liquidity vault. Blockchain security firms and researchers estimate the total loss at approximately $24 million, primarily drained in the USDC stablecoin across multiple strategic transactions. The attacker exploited a loophole in Ostium’s operational infrastructure, specifically targeting the...

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Strategy Sets $8,000 Bitcoin Floor for Debt Risk Reassessment

Strategy CEO Phong Le stated the firm would only consider debt-related risks if Bitcoin fell to the $8,000 to $10,000 range. The enterprise Bitcoin giant currently holds over 840,000 BTC and considers its balance sheet highly secure at current price levels. The firm has increased its U.S. dollar reserves to $3 billion to bolster its liquidity and support its preferred stock structure. Enterprise software and digital capital platform Strategy...

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On-Chain Stock Trading Fuels Hyperliquid’s HIP-3 Volume to 50% Market Share

The rapid expansion of on-chain traditional asset trading has driven a massive volume shift on the decentralized perpetual exchange Hyperliquid. Over the last six months, markets deployed under Hyperliquid Improvement Proposal 3 (HIP-3) have surged to capture a 50% share of the platform’s total perpetual trading volume, up from just 22% earlier in the year. Volume Milestones: HIP-3 builder-deployed markets have climbed to hold a 50% share of...

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