befla – Page 17 – BEFLA

Most world cup traders won less than $5 on Polymarket while FIVE wallets walked away with millions

2026-07-22, 4:25 AM by befla

Spain’s second World Cup title settled the largest sports-related winner markets yet on Polymarket and Kalshi, closing a tournament that brought prediction trading closer to the center of the global sports-betting business. Available data from the two leading platforms show that they recorded about $5.57 billion in cumulative volume on contracts tied to the tournament … Read more

Bitcoin’s $66,000 price breakout survives continued US-Iran escalation, but a bigger test looms

2026-07-22, 4:25 AM by befla

Bitcoin climbed above $66,000, extending its advance as exchange-traded fund inflows and a sharp drop in balances on major crypto exchanges eased some of the selling pressure that has weighed on the market since May. Data from CryptoSlate shows that the largest cryptocurrency traded as high as $66,277 and was changing hands near $66,181 as … Read more

Senator Lummis says with CLARITY “your crypto stays yours” – but bankruptcy shields have limits

2026-07-22, 12:25 AM by befla

When Celsius collapsed, its Earn customers learned that the crypto in their accounts belonged to the bankruptcy estate, not to them. Sen. Cynthia Lummis cast the CLARITY Act as a fix on July 20, boiling its promise down to four words. “Your crypto stays yours.” Cynthia Lummis Member, U.S. Senator for Wyoming • U.S. Senate … Read more

Trump backs crypto ethics limits, putting CLARITY Act decision in Democrats’ hands

2026-07-21, 8:24 PM by befla

President Donald Trump has reportedly agreed to proposed ethics restrictions tied to sweeping US cryptocurrency legislation, addressing one of the biggest obstacles in months of negotiations and shifting the next decision to Senate Democrats who have demanded limits on how public officials can profit from digital assets. The agreement came after Trump met last week … Read more

France blocked Polymarket after its transaction controls failed to stop 578,751 new French visitors

2026-07-20, 5:29 PM by befla

France’s gambling regulator ordered internet service providers to block access to Polymarket, the crypto prediction-market platform, escalating beyond a transaction geofence that it said had been circumvented in practice. The Autorité nationale des jeux published the order on July 17, arguing that Polymarket’s website promoted an unauthorized gambling offering even where the earlier restriction was … Read more

UK turns delayed wallet identification into a 14-year criminal risk for crypto firms

2026-07-19, 9:25 PM by befla

The UK’s designation of Iran’s Islamic Revolutionary Guard Corps took effect on July 17, creating a new criminal exposure for UK-linked people and businesses that receive or retain value supplied by or on behalf of the group. Under the designation instrument, the IRGC became one of the first three bodies added to Schedule 6A of … Read more

MetaMask code was open to a North Korea-linked contractor for a month before Consensys halted releases

2026-07-19, 6:25 PM by befla

A contractor brought in through a third-party provider worked on MetaMask code from March 9 until Consensys cut off access in April. Consensys later described the person as linked to North Korea. Consensys said its investigation found no misappropriation of assets or data, no malicious code deployment and no impact to user safety or security. … Read more

Trump posts may soon reach trading bots before users and prediction markets are not ready

2026-07-18, 4:25 PM by befla

Trump Media is turning Truth Social posts into a feed for traders, and prediction markets now face a timing problem. The issue is what happens after a post becomes public but before most users can see, read, and act on it. On July 17, the Financial Times reported that Trump Media discussed charging traders up … Read more

Circle became a federal trust bank – now lenders warn stablecoins is projected to drain $500 billion

2026-07-18, 3:24 PM by befla

Washington just gave one of the world’s largest digital currencies a more official place in the US financial system. On July 10, Circle won final approval from the Office of the Comptroller of the Currency to open a national trust bank under federal supervision. Circle called it a major step for USDC, as the approval … Read more

One year later, GENIUS Act just made stablecoins easier to sell

2026-07-18, 1:24 PM by befla

On the eve of the GENIUS Act’s first anniversary, the stablecoin market holds about $310 billion, including roughly $184 billion in USDT and $73 billion in USDC. President Donald Trump signed the law on July 18, 2025, creating a federal framework with one-for-one liquid reserves, redemption rights, and monthly reserve disclosures for a market that … Read more