Kalshi Pivots to Perpetual Futures to Capture U.S. Crypto Trading Market
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Kalshi Pivots to Perpetual Futures to Capture U.S. Crypto Trading Market

Kalshi, a major force in the prediction market industry, is officially expanding its service offerings to include perpetual futures contracts. This strategic pivot is designed to capture a significant portion of the digital asset trading sector, specifically targeting the high-volume market for crypto-based perpetuals. By launching these products, the company aims to offer U.S.-based traders […]
Google Engineer Charged in $1.2 Million Prediction Market Insider Trading Scandal
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Google Engineer Charged in $1.2 Million Prediction Market Insider Trading Scandal

A Google information security engineer is facing serious federal charges following allegations that he leveraged confidential corporate data to secure over $1.2 million in illicit profits. Michele Spagnuolo was taken into custody after prosecutors accused him of engaging in money laundering, wire fraud, and commodities fraud by manipulating prediction markets on the platform Polymarket. According […]
CFTC Moves to Reverse $5 Million Penalty Against Gemini Following Regulatory Error
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CFTC Moves to Reverse $5 Million Penalty Against Gemini Following Regulatory Error

The U.S. Commodity Futures Trading Commission (CFTC) has formally petitioned a federal court to vacate a $5 million penalty previously imposed on the cryptocurrency exchange Gemini Trust Company. This rare reversal marks a significant shift for the regulatory body, which had sanctioned the exchange, founded by Tyler and Cameron Winklevoss, during a previous administration. In […]
Google Security Expert Accused of Orchestrating $1.2 Million Insider Trading Scheme on Polymarket
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Google Security Expert Accused of Orchestrating $1.2 Million Insider Trading Scheme on Polymarket

A long-term information security specialist at Google has been arrested in New York on federal charges involving a sophisticated insider trading scheme. The accused, identified as Michele Spagnuolo, allegedly leveraged his high-level access to internal corporate data to secure over $1.2 million in illicit profits through the decentralized prediction platform Polymarket. Prosecutors allege that Spagnuolo […]
Global Security Operation Dismantles Sophisticated Glassworm Developer Botnet
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Global Security Operation Dismantles Sophisticated Glassworm Developer Botnet

A coordinated international security effort has successfully neutralized the Glassworm botnet, a malicious network that spent two years systematically infiltrating the open-source software supply chain. By pivoting away from traditional end-user targets, the attackers focused their efforts on the workstations of individual software developers. This strategic shift allowed the threat actors to gain unauthorized access […]