Whale-led manipulation and disputed rulings have shaken trust in UMA’s oracle. POLY could mark Polymarket’s move to reclaim control of how truth is decided on-chain.
The sale, if it goes through, could become the largest stablecoin acquisition to date, with Coinbase leading bids over Mastercard, sources told Fortune.
Institutional investors retreat amid regulatory gridlock, with trading volumes surging past 100 million as market participants reassess digital asset exposure.
A firmer U.S. dollar and fading risk appetite weighed on bitcoin Thursday, while Binance’s new Meme Rush platform targets surging Chinese-language memecoin speculation.
Institutional access, a surging debasement trade, and bitcoin’s rally above $125,000 are setting the stage for the strongest quarter ever for ETF flows.