Polymarket’s Matthew Modabber confirmed the platform will eventually launch a token, but said entering the US market takes priority. Polymarket will eventually launch a token, Chief Marketing Officer Matthew Modabber confirmed on Thursday, but it will take a backseat to launching the US-facing Polymarket App. The prediction market platform secured a $2 billion investment from Intercontinental Exchange (ICE), the parent company of The New York Stock Exchange, in October at a $10 billion valuation. Moddaber said: Prediction markets Polymarket and its competitor Kalshi became mainstream in 2024, attracting individuals who are non-crypto natives into the world of digital assets and blockchain technology. Read more
Polymarket’s Matthew Modabber confirmed the platform will eventually launch a token, but said entering the US market takes priority. Polymarket will eventually launch a token, Chief Marketing Officer Matthew Modabber confirmed on Thursday, but it will take a backseat to launching the US-facing Polymarket App. The prediction market platform secured a $2 billion investment from Intercontinental Exchange (ICE), the parent company of The New York Stock Exchange, in October at a $10 billion valuation. Moddaber said: Prediction markets Polymarket and its competitor Kalshi became mainstream in 2024, attracting individuals who are non-crypto natives into the world of digital assets and blockchain technology. Read more
Indian exchange WazirX has ended its more than year-long shutdown, while the FCA is going after unregistered exchanges in the UK. After a massive hack in 2024, Indian crypto exchange WazirX is opening for business. Elsewhere, regulators like the UK’s Financial Conduct Authority (FCA) are tightening the screws on crypto exchanges. The FCA has issued hundreds of warnings to unregistered crypto exchanges, including Justin Sun’s HTX. In Russia, the finance ministry is reportedly preparing to introduce more regulations for the crypto industry. Read more
Indian exchange WazirX has ended its more than year-long shutdown, while the FCA is going after unregistered exchanges in the UK. After a massive hack in 2024, Indian crypto exchange WazirX is opening for business. Elsewhere, regulators like the UK’s Financial Conduct Authority (FCA) are tightening the screws on crypto exchanges. The FCA has issued hundreds of warnings to unregistered crypto exchanges, including Justin Sun’s HTX. In Russia, the finance ministry is reportedly preparing to introduce more regulations for the crypto industry. Read more
Pump.fun has acquired the Padre trading terminal to strengthen token liquidity as Solana’s memecoin market cools from its 2024 highs. Solana-based memecoin launchpad Pump.fun has acquired the Padre trading terminal for an undisclosed amount, signaling the network’s continued expansion into a sector that has cooled significantly since its peak craze in 2024. Pump.fun announced the acquisition on X on Friday but did not disclose financial details. The company said the move aims to enhance liquidity for tokens on its platform, noting that trading terminals are key to driving higher trading volumes. Pump.fun described Padre as offering a strong user experience, cashback rewards, competitive fees and dedicated trader support. Read more
Pump.fun has acquired the Padre trading terminal to strengthen token liquidity as Solana’s memecoin market cools from its 2024 highs. Solana-based memecoin launchpad Pump.fun has acquired the Padre trading terminal for an undisclosed amount, signaling the network’s continued expansion into a sector that has cooled significantly since its peak craze in 2024. Pump.fun announced the acquisition on X on Friday but did not disclose financial details. The company said the move aims to enhance liquidity for tokens on its platform, noting that trading terminals are key to driving higher trading volumes. Pump.fun described Padre as offering a strong user experience, cashback rewards, competitive fees and dedicated trader support. Read more