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The Latest Breaking News from Decrypt

Insider Trading? Nine Anonymous Polymarket Accounts Won 98% of Their Iran War Bets, Netted $2.4 Million

Blockchain investigators uncovered suspicious betting patterns on Polymarket, raising concerns about insider trading related to US-Iran military actions and potential security risks.

International Business Times UK

NBA Star Tristan Thompson Foresees Sports Gambling New Normal Taking Over Soon: 'This is Going to Happen'

Prediction markets are poised to transform how fans engage with professional sports, according to NBA champion Tristan Thompson. He believes real-time odds and fan sentiment will soon become as commonplace on broadcasts as social media integration is today.

Benzinga

AI Takes Over? 'Final Fantasy' Maker's Bold—and Risky—Reboot Signals New Era For Video Games: 'An Extremely Difficult Decision'

"Final Fantasy" maker Square Enix Holdings Co. Ltd. announced cutting jobs while unveiling plans to integrate generative artificial intelligence across its game development process.

Benzinga

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Major Bitcoin mining firm pivoting to AI, plans to fully abandon crypto mining by 2027 as miners convert to AI en masse — Bitfarm to leverage 341 megawatt capacity for AI following $46 million Q3 loss

Bitfarm says that it will convert its Washington Bitcoin mining facility into an AI data center and exit crypto mining completely in a couple of years.

Tom’s Hardware

Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order

Bitcoin climbed above $97,000 Tuesday night amid a report that Donald Trump will sign an executive order on Day 1 that should benefit the crypto space.

International Business Times

Congressman Buys Meme Coins? Ski Mask Dog Coin Climbs In Value After Disclosure: 'I Liked The Coins, So I Bought Them'

The trading activity of members of Congress is closely followed by investors as the buying and selling of stocks can come based on alleged information. Now investors have to follow the trading activity of Congress members when it comes to meme coins.

Benzinga

Trump's World Liberty Financial Plans To Launch Native Stablecoin: Report

World Liberty Financial is reportedly looking to issue its own stablecoin – a plan that comes during a critical period in the stablecoin segment, specifically due to concerns around the alleged issues around stablecoin giant Tether.

International Business Times

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Trump's crypto project plans to launch its own U.S. dollar-backed stablecoin – report

World Liberty Financial launched its native token, WLFI, earlier this month.

Fortune

This Week in the Metaverse: Azuki’s botched Elementals drop has some calling it quits on the collection

Azuki community members have complained that the new Elementals collection is too similar to the original Azuki collection and dilutes its value.

Fortune

This Week in the Metaverse: The Sandbox and Decentraland are caught in SEC's crosshairs

The native cryptocurrencies of the two platforms were named securities in lawsuits by the Securities and Exchange Commission.

Fortune

Blur overtakes OpenSea even as monthly NFT trading falls below $1 billion for first time in 2023

Blur garnered 65% of the NFT market as of May, according to DappRadar.

Fortune

'Axie Infinity' creator Sky Mavis releases new mobile app where buying NFTs isn't required

The game has been released in select countries in Latin America and Asia.

Fortune

Jack Dorsey's Bluesky is like Twitter without Musk – and that's good enough for me

Jack Dorsey's Bluesky is a lot like Twitter, and also nothing like it at all.

TechRadar

Uh oh – Canon just got into the NFT business

Is Canon a little late to the party here? We thought NFTs were old news, but Canon promises to empower its creators

Digital Camera World

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Fortune

Here's your metaverse roundup for the week, with news from Apple and Hermès

Apple is reportedly working on AR, meanwhile NFTs had a stellar January, and luxury brand Hermès fights an NFT creator in court.

Benzinga

Crypto Platform Pulls Champions League Sponsorship: Could The Trend Continue?

As cryptocurrencies rocketed higher in 2021, one trend was crypto platforms and companies that operated in the sector seeing high revenue and growth. This inflow of money led to some massive sponsorships across professional sports.

Benzinga

Rock Band Muse Releasing Next Album As NFT: What Investors And Fans Should Know

British rock band Muse is launching its ninth studio album on a non-fungible token platform and will offer NFTs of the album.

Benzinga

PayPal Allows Transfers Of Cryptos Like Ethereum, Bitcoin: What You Need To Know

PayPal Holdings Inc (NASDAQ: PYPL) said Tuesday will offer cryptocurrency withdrawal services, allowing funds to be withdrawn to external wallets and exchanges.

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Benzinga

English Premier League Could Launch NFTs, Its Own Crypto: Here Are The Details And A Stock To Watch

A leading soccer league has filed several trademarks in the world of cryptocurrency and non-fungible tokens. Here are the details. What Happened: The English Premier League filed for several new trademarks on June 6, according to a report from Decrypt.

Benzinga

$2.4B In Cryptocurrency Laundered Through Binance: Report

Binance (CRYPTO: BNB) has been the means for over $2.4 billion if illegal crypto to be laundered from 2017 to 2021, according to a Monday Reuters report covered by Decrypt.

Benzinga

FTX Passes Coinbase For Transaction Volume In May: Report

Many cryptocurrency exchanges compete for new users and trading volume from active traders. The month of May saw a change in who led the way for the trading volume of the most valuable and most well-known cryptocurrency.

Benzinga

Is The NFT Market Dead Or Alive? That Depends On Who You Ask

After taking the market by storm in 2021, the growth of non-fungible tokens has faced some bumps in 2022. Ask those who cover the sector if the NFT market is dead or alive, and you may get some different answers.

Benzinga

Could Minecraft Developers' Petition About Gaming NFT Implementation Be A Flop?

Climate Replay, an organization including developers working at Mojang — the firm behind Minecraft, acquired by Microsoft Corporation (NASDAQ: MSFT) in September 2014 — launched a petition concerning the use of non-fungible tokens (NFTs) in gaming, but it h

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