Indonesia blocks Polymarket, calling prediction market online gambling in disguise

Indonesia’s Ministry of Communication and Digital Affairs has blocked access to Polymarket, saying the crypto-based prediction market amounts to online gambling under local law. The ministry said it had cut access to the platform and was tracing affiliated social media accounts for possible restrictions across other digital channels. Alexander Sabar, director general of digital space…

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Vitalik Biterin breaks silence about Ethereum Foundation amid community frustration

Ethereum co-founder Vitalik Buterin said the Ethereum Foundation will choose “longevity over breadth,” reduce ETH sales and narrow its focus to CROPS: censorship resistance, capture resistance, openness, privacy and security. In a lengthy post on X, Buterin detailed that the Ethereum Foundation holds roughly 0.16% of all ETH, well below the 10% to 50% he…

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Prometheum says tokenized securities need Wall Street distribution to scale

Prometheum is betting that the next phase of tokenized finance will be won not by crypto exchanges, but by traditional broker-dealers and registered investment advisers (RIAs). “The story of tokenization so far has been about issuance, but no one has addressed the challenge of how to get those products to mainstream investors,” Aaron Kaplan, co-founder…

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HYPE funds attract millions as investors dump bitcoin and ether ETFs

Crypto fund flows are starting to fracture, with investors exiting bitcoin BTC$77,397.64 and ether (ETH) exchange-traded funds (ETFs) while rotating into alternative tokens such as Hyperliquid’s hype (HYPE) and XRP (XRP). Bitcoin ETFs saw more than $1 billion in outflows last week, extending a sharp institutional pullback, while ether funds lost another $215 million, according…

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Hyperliquid (HYPE) is emerging as a challenger to traditional exchanges and prediction markets, says FalconX

Crypto trading platform Hyperliquid is beginning to compete with traditional exchanges and prediction market operators as it expands beyond perpetual futures trading, according to a new report from FalconX. Senior crypto market strategist David Lawant outlined how Hyperliquid’s recent moves into pre-IPO markets, prediction contracts and tokenized real-world assets are broadening the platform’s appeal beyond…

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