Trump Media Sets Feb. 2 Deadline For Rewards Token – But There’s a Catch for DJT Holders
Analysis of Trump Media’s rewards token for DJT shareholders, focusing on the OBO requirement, non-transferability, and Crypto.com partnership.
Crypto.com
Meta to cut 10% of metaverse arm this week amid AI push: Report
Meta is cutting 10% of its metaverse arm, Reality Labs, as it shifts focus toward AI development, reflecting broader industry trends prioritizing AI over metaverse initiatives.
Tennessee Demands Polymarket, Kalshi and Crypto.com End Sports Prediction Markets
Tennessee orders Polymarket, Kalshi, and Crypto.com to shut down sports prediction markets and refund pending wagers, highlighting regulatory challenges for decentralized platforms.
Tennessee Orders Kalshi, Polymarket, and Crypto.com to Halt Sports Betting Contracts
Tennessee orders Kalshi, Polymarket, and Crypto.com to halt sports betting contracts, marking a significant regulatory development in the crypto sports betting space.
Tennessee sends cease-and-desist letters to Kalshi, Polymarket, Crypto.com
Tennessee regulator sends cease-and-desist letters to Kalshi, Polymarket, and Crypto.com, citing alleged securities law violations.
Crypto companies contribute $21M to Trump PAC ahead of US midterms
Crypto companies, including Gemini and Crypto.com, contribute $21 million to a Trump-supporting PAC ahead of the 2022 US midterms, highlighting the industry’s growing political influence.
Trump Media Token Airdrop Confirmed for Shareholders With New Truth Social Utility
The Trump Media Token airdrop has been confirmed for DJT shareholders, with Crypto.com facilitating the distribution. The token is positioned as a reward mechanism for platforms like Truth Social, rather than financial equity.
Crypto Biz: Exchanges place their bets on prediction markets
Crypto exchanges are investing in prediction markets, a betting platform that allows users to wager on event outcomes, raising questions about fairness and transparency.
Crypto.com Hires Internal Market Maker for Predictions – Is the Exchange Trading Against Users?
Crypto.com hires internal market maker for prediction markets, raising concerns about conflicts of interest and trading against users.
Crypto.com says market maker boosts liquidity, denies trading edge on customers
Crypto.com hires an internal market maker to boost liquidity in its prediction markets, ensuring regulatory compliance and fairness while denying any trading edge over customers.