Peter Thiel-backed startup Erebor Bank has pitched itself to top Venezuelan officials on restoring the sanctioned country’s access to the US financial system. https://t.co/cjuV69CsZJ
@antoniabmassa@ElleBeyoud $HYPE — the platform's native token — fell by over 5% on the news, though many point out that the incumbents' alarm might also reflect Hyperliquid's growing market power. What do you think? Tell me at [email protected]
NEW: ICE and CME are pressing US regulators to rein in Hyperliquid, a fast-growing and unregulated crypto platform the exchanges say could skew oil prices and be exploited for price manipulation 🧵w/ @antoniabmassa@ElleBeyoud
https://t.co/PkQmxPTgri
A prediction mkt industry move: @underdog has hired Nick Lundgren, who previously led https://t.co/JHZ1yUEFXl’s OG exchange. Lundgren helped launch trading of the very first sports prediction contract in the US in 2024, sparking the crazy growth in this space since.
Wild ride of a story from @olgakharif, when corp governance meets crypto at World Liberty.
Ex: WLF investors risk their tokens being frozen indefinitely if they don't agree to a proposal to lock up their tokens for at least 2 years
https://t.co/jHMW9bgCnz
A top Wall St regulator is considering changes to a report covering the position of traders just as prediction market exchanges and offshore venues start to offer more contracts in the oldest corner of the derivatives market. W/ @ElleBeyoud https://t.co/3GqUYOhFDF
News in PBN texts: The Senate’s landmark crypto bill has a housing problem.
Sen. John Kennedy (R-La.) is withholding support for market structure legislation due partly to frustrations with the House and White House over a stalled Senate housing bill, according to four sources
Kalshi, Polymarket spent the last year fighting each other for prediction market dominance. Now they have a new problem (or not): crypto's hottest player is coming for them. *Gift link* in comment to the deep dive on HIP-4 and Hyperliquid that I did before my OOO
Allow me to soapbox for a moment:
@FCC has one of the best US gov comment databases. You can search across a company's filings (great for regulators, reporters, investors, competitors!) and by keyword.
Easy & transparent..for anyone out there considering comment database design
Slightly confusing to announce a shift of public comments portal 2 days before the comment deadline on a major rulemaking initiative (an April 30 deadline on prediction markets ANPRM)...
Though this announcement indicates the new portal only applies to future rules...
Slightly confusing to announce a shift of public comments portal 2 days before the comment deadline on a major rulemaking initiative (an April 30 deadline on prediction markets ANPRM)...
Though this announcement indicates the new portal only applies to future rules...
New, on @business Terminal:
Polymarket Intl is exploring ways to bring its blockchain platform to the US, including discussing with the CFTC to lift a 2022-era ban on US traders on the unregistered exchange
New, on @business Terminal:
Polymarket Intl is exploring ways to bring its blockchain platform to the US, including discussing with the CFTC to lift a 2022-era ban on US traders on the unregistered exchange
new long-read: Polymarket is falling behind its chief rival in more ways than one, as the prediction markets space continues to heat up. from its US app and fee rollout to talks with its biggest investor, read all about it: https://t.co/bcI1OwIg3o
The CFTC is investigating suspiciously-timed trades in the oil markets minutes before major statement by Trump on Iran
Scoop from @Isiscarol14@BenBartenstein and @nicola_m_white
https://t.co/oj5Kx4QRjV
An oversight hearing by any other name...
House Ag hearing w/ CFTC chairman next Thurs. morning. No agency oversight hearings occurred in 2025 while the (sports) predictions markets exploded.
https://t.co/kNAcskPCJX
Wall Street’s biggest private credit houses are facing pointed questions from the Democratic faction of the House Financial Services Committee, prying into how the firms and their investment funds are handling the asset class https://t.co/qNAdUPSWa6
And the SEC just published new data on how many employees took voluntary early retirement or separations May through last December 2025. Enforcement saw the highest number of departures thru those programs.
Link: https://t.co/7YiUHalX43
The SEC division overseeing hedge funds, private credit and investment products lost about 24% of its staff during 2025, a new GAO found. Many staff took issue expertise or rulewriting experience with them, GAO said.
https://t.co/wM49g5ZIUK