The $3.5 trillion-a-year crypto market maker said it is streaming two-sided quotes across event contracts on leading venues, including Polymarket and Kalshi, as monthly turnover passes $20 billion. Wintermute, a London-based algorithmic trading firm with more than $3.5 trillion in annual trading volume, said on Friday it is now providing two-sided liquidity on prediction markets,…
The exclusive deal puts prediction markets in front of OneFootball’s 200 million monthly active users — and a wider 645-million-fan ecosystem — as Polymarket’s 2026 soccer-distribution stack reaches saturation ahead of the June kickoff. Polymarket has signed an exclusive partnership with OneFootball, the Berlin-based digital football platform, opening a distribution channel to a user base…
A court-ordered restraining order pushed Circle to blacklist Zama’s cUSDC wrapper on Ethereum. The privacy protocol is not a defendant but every depositor in the pooled contract is locked out alongside the targeted funds. Circle blacklisted the smart-contract address behind Zama’s confidential USDC token on Friday, locking roughly $12.6 million of stablecoins inside a privacy…
The United States has seized about $1 billion worth of cryptocurrency tied to Iran, Treasury Secretary Scott Bessent said, describing the action as part of a broader campaign to cut off funding channels used by Tehran. Speaking in an interview on Fox Business, Bessent said U.S. authorities had “grabbed the wallets” and seized cryptocurrency connected…
Traditional financial institutions are preparing to move trillions of dollars of assets onchain, but the risk of hacks and exploits is putting them off, according to blockchain security firm CertiK’s CEO Ronghui Gu. “Right now, more and more institutions are trying to move assets onchain,” Gu told CoinDesk in an interview. “They imagine that, let’s…
The Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate guaranteed returns. Nathan Fuller, a resident of Cypress, Texas, operated the scheme through his company Privvy Investments, LLC, and under the…
The crypto market is struggling, competitors are either passing through hard times or pivoting to other areas, while Binance is building with eyes on increasing its active user base ten-fold to 3 billion by 2030, Catherine Chen, the head of VIP and Institutional told CoinDesk in an interview. “It is true, the market is going…
Hyperliquid (HYPE), a decentralized trading platform that began as a crypto perpetual futures exchange less than three years ago, is increasingly being viewed by Wall Street analysts as a broader financial infrastructure play that could challenge parts of traditional exchanges and derivatives markets. In a new report, Grayscale described Hyperliquid as a fast-growing blockchain-based platform…
Ripple Labs is reportedly leading an effort to raise at least $1 billion for a new public-market vehicle that would accumulate XRP, per Bloomberg, testing whether the digital asset treasury trade still works beyond bitcoin. The raise would be done through a special purpose acquisition company, the report citied to people familiar with the matter….
Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the…