Thousands of software developers are currently developing virtual private networks to circumvent state control of the internet, Durov said. The Iranian government’s attempt to block the Telegram messaging application in the country has backfired, as users find ways to circumvent national firewalls and online controls, according to Telegram co-founder Pavel Durov. “Iran banned Telegram years...Continue Reading
The Bitcoin advocate is the co-founder of ProductionReady, a non-profit initiative to fund open source development of BTC software and education. The Bitcoin (BTC) network needs a “conservative” Bitcoin client node software implementation to preserve its monetary properties and strengthen network decentralization, according to Jimmy Song, co-founder of ProductionReady, a non-profit organization funding open source...Continue Reading
The judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license. A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law. Judge Jason Woodbury said at a...Continue Reading
Prediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling laws may limit how far they can go. Prediction markets are pushing into Asia’s largest economies, even as local gambling laws place strict limits on betting activities. Asia represents a combination of scale, active retail participation and limited local alternatives,...Continue Reading
Bitcoin is poised for a reversal if ETF demand returns or a ceasefire occurs, potentially crushing short sellers in a massive price squeeze. Key takeaways: Bitcoin hitting $72,000 would liquidate $2.5 billion in shorts, potentially crushing bears who are overleveraged. Iran’s war and high oil prices currently pressure BTC, but a ceasefire or ETF inflows...Continue Reading
Polymarket cited “integrity standards” for removing the market but did not specify which rule was broken, drawing scrutiny from users who questioned how its policies are applied. Polymarket removed a market tied to the fate of a missing US service member after mounting backlash, saying the listing violated its “integrity standards.” The controversy erupted after...Continue Reading
Bitcoin whales and sharks have locked in $30.9 billion in BTC losses this year, resembling the 2022 bear market, as onchain data points to continued downside risk. Bitcoin (BTC) traders holding 100–10,000 BTC realized losses at an average of $337 million per day in Q1 2026, the worst quarter since 2022, according to data from...Continue Reading
The $500 billion valuation would put Tether ahead of every US bank except JPMorgan Chase, surpassing Bank of America and placing it among the world’s largest financial firms. Tether is pressuring investors to commit to a fundraising round at a $500 billion valuation within the next two weeks, saying that it may delay the raise...Continue Reading
The longer Bitcoin’s price stays flat, the bigger the move up could eventually be, according to a crypto analyst. Bitcoin’s prolonged consolidation below $70,000 may be paving the way for a more significant rally, according to a crypto analyst. “The longer it lasts, the heavier the breakout will be,” MN Trading Capital founder Michael van...Continue Reading
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