Author: James Wilson

Polymarket has drawn criticism on X after a photo of its fortune-cookie advertisement attracted more than 500,000 views. Summary Polymarket’s fortune-cookie ad drew criticism after Jared Holt’s photo topped 500,000 views on X. The purple promotional slip features Polymarket branding, a QR code and an acknowledgment of paid advertising. OpenFortune has handled similar campaigns, but its involvement in Polymarket’s placement remains unconfirmed. Polymarket’s marketing has included sports partnerships and paid creator promotions that attracted disclosure scrutiny. Jared Holt shared the image in an Oct. 24 post, showing a purple promotional slip held beside an opened fortune cookie. “Yes, we paid…

Ethereum’s early investors have reportedly sold another 4,000 ETH across two wallets as Santiment has recorded the network’s largest daily net exchange outflow in more than four months. Summary 1,000 ETH reportedly sold came from an ICO participant who initially bought 100,000 tokens. 3,000 ETH worth $7.23 million moved from another early holder, according to Lookonchain. $18.79 million in AAVE and WLD reached exchanges from an institution inactive for over a year. 169,770 ETH left exchanges on a net basis, according to Santiment’s Oct. 23 analysis. Lookonchain identified the transactions in separate posts on Oct. 23 and Oct. 24, including…

Michael Saylor has posted a cryptic message about resolving Bitcoin matters behind closed doors after Strategy disclosed a $22.1 million purchase funded largely through common-share sales. Summary Saylor’s “closed doors” post gives no purchase amount, transaction date, or funding details. Strategy bought 517 BTC for $43.6 million across its two latest disclosed weeks. Common-share sales funded approximately 98.6% of those Bitcoin purchases, with cash covering the rest. STRC buybacks totaled $385.5 million over the same period, roughly 8.8 times Bitcoin spending. In an Oct. 23 X post, Michael Saylor wrote, “Just resolving a few Bitcoin matters behind closed doors.” The…

Phantom has opened access to Kalshi prediction markets for eligible US users through its mobile wallet, with its help center listing a combined trading fee of $0.02 per contract. Summary Phantom now offers eligible US users access to Kalshi prediction markets through its mobile wallet. Trading fees total $0.02 per contract, split equally between Phantom and Kalshi. Users must create or link a Kalshi account and complete identity verification before trading. Funds move to Kalshi for trading, with available proceeds returned to Phantom’s Cash account. Phantom’s US trading guide says customers can enter event markets through the app’s Predict tab,…

Binance founder Changpeng Zhao has warned that artificial intelligence can harm Bitcoin users through leaked personal data and social engineering without breaking the cryptocurrency’s cryptography, according to posts from CoinMarketCap and Bitcoin Archive. Summary CZ warned that leaked personal data can enable AI phishing without breaking Bitcoin’s cryptography. OWASP’s guidance compares specific algorithms and key sizes, leaving the bank-encryption claim unverified. Coinbase’s 2025 breach exposed customer information without compromising private keys or login credentials. Zscaler documented fake Ledger verification pages designed to steal wallet recovery phrases. CoinMarketCap described Zhao’s warning as a concern about more advanced phishing enabled by exposed…

Initia has halted its layer-1 blockchain and rollups after security researcher Spreek reported unauthorized token minting and approximately $2.6 million cashed out by an attacker. Summary Initia suspended its layer-1 network and rollups at 3:41:30 p.m. UTC on Oct. 23. Spreek estimated $2.6 million had been cashed out, with more funds still moving. The Defiant reported a later transfer of 1,135.5 ETH linked to the incident. Agora disputed the AUSD minting account, saying it has no smart contracts on Initia. Initia confirmed in its Oct. 23 statement that the suspension took effect at 3:41:30 p.m. UTC, with security teams, validators,…

China has set a 2030 target to largely complete a national blockchain network, placing a central backbone, regional hubs, and distributed digital identity services in its latest five-year information technology plan. Summary 2030 is the target for largely completing China’s national blockchain network. Regional programs cover blockchain applications in logistics, finance, manufacturing, agriculture, and trade. Distributed digital identity and privacy-preserving computing appear in the plan’s infrastructure and security provisions. Digital yuan development remains part of the agenda, without a transaction target or integration timetable. The Central Cyberspace Affairs Commission issued the National Informatization Plan for the 15th Five-Year Period, according…

JPMorgan’s JPM Coin has recorded zero supply and zero transfers on Ethereum in a contract review by Sentora, days after the bank announced the deposit token’s arrival on the network. Summary Sentora reported zero JPM Coin supply and transfers on Ethereum, with one allowlisted address. JPM Coin’s Base supply remained near $1 million across two addresses, according to Sentora. JLTXX recorded $400 million in Ethereum redemptions as its Solana deployment reached $450 million. Sentora found no live on-chain integration connecting JPM Coin with JPMorgan’s funds or DeFi protocols. Sentora said its review found exactly one allowlisted address in the verified…

NFT supporters have reopened the debate over the sector’s future on X as Nifty Gateway’s closure, Binance’s centralized marketplace exit, and Magic Eden’s withdrawal from Bitcoin and EVM trading have reduced the services available to collectors. Summary NFT community posts express doubt, loyalty, and nostalgia as users debate the sector’s future. Nifty Gateway closed April 23, while Binance ended its centralized NFT service in July. Magic Eden announced its exit from Bitcoin and EVM markets while retaining Solana support. Courtyard recorded 123,504 weekly transactions in September, even as its sales value slipped. Mookie’s question, “Do you still believe in NFTs?”,…

Securitize has confirmed that 12 tokenized U.S. stocks, including Apple, Nvidia and Tesla, are live on Solana for eligible investors, with each token backed by a share the company says is never lent out. Summary 12 stock tokens are live on Solana, including Apple, Nvidia, Tesla, Microsoft, and Amazon. Securitize says backing shares are never lent out, and eligible U.S. investors can participate. Holders receive security entitlements; direct registration requires conversion, subject to the available arrangements. The original launch announcement dates to Oct. 8, before the latest posts confirming availability. In its Oct. 23 X post, Securitize said that eligible…