Polymarket is being investigated by the Commodity Futures Trading Commission (CFTC) to see whether the prediction market platform is letting customers improperly trade swaps or binary options and if it should be registered with the agency, Bloomberg reported, citing people familiar with the matter.
$600 Million in Open Interest Wiped Out as BTC Price Collapses
The cryptocurrency market witnessed a significant downturn, with Bitcoin (BTC) leading the plunge. According to recent data from CoinGecko, Bitcoin's...