In prediction markets, traders bet on verifiable outcomes of real-world events in specified time frames. Typically, they buy “yes” or “no” shares in an outcome, and each share pays $1 if the prediction comes true, or zero if not. (On Polymarket, bets are settled in USDC, a stablecoin, or cryptocurrency that trades one-to-one for dollars; other platforms, including Kalshi and PredictIt, pay out regular greenbacks.) Source
With a16z’s fresh contribution, Fairshake and its affiliated PACs – the Democrat-oriented Protect Progress and the Republican-oriented Defend American Jobs – now have $78 million in their coffers for the 2026 midterm elections. Crypto exchange Coinbase committed $25 million to Fairshake last week, and, according to a Fairshake spokesperson, the group has “$30 million in the bank.” Source
Aptos also joined Uniswap as an underperformer, declining 7.6% from Friday. Source
Bitcoin and other major cryptos traded little changed on the final day before the U.S. presidential election. BTC edged back toward $69,000, around 0.8% higher in the last 24 hours. The broader digital asset market was more muted, rising less than 0.5%. From being a few dollars away from a new record last week, bitcoin pulled back to a low of $67,600 on Sunday, seemingly in tandem with a retreat in the more pro-crypto Donald Trump’s chances of election victory. With only hours remaining before the first polls open in…
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We are seeking permission to appeal the judgment of the Upper Tribunal (Tribunal) on DSG Retail Limited (DSG) to the Court of Appeal. In 2020, the Commissioner fined DSG £500,000, the maximum amount under the Data Protection Act 1998 (DPA 1998), after a cyber attack that affected the personal information of at least 14 million people. DSG appealed the Commissioner’s decision and the fine to the First-tier Tribunal (Information Rights) (FTT) which, in its ruling in July 2022, substituted the original amount with a £250,000 fine. DSG was subsequently granted…
The proof-of-concept, which will be exhibited at the Singapore Fintech Festival from Nov. 6-8, demonstrates how investors could settle multi-asset positions in real-time. Source
While volatility is price-agnostic, recent flows in the options market suggest bullish expectations. Source
“MAS has seen strong interest in asset tokenization in recent years, notably in fixed income, FX, and asset management. We are encouraged by the keen participation from financial institutions and fellow policymakers to co-create industry standards and risk management frameworks to facilitate commercial deployment of tokenized capital markets products, and scale tokenized markets on an industry wide basis,” said Leong Sing Chiong, deputy managing director (Markets and Development) of MAS. Source
Bets above $10,000 and $100,000 have increased over the weekend to above-average activity. Large holders of Trump and Harris’ “yes” shares are offloading their shares amid the high demand, likely taking profits from the price rise in those shares over the past few months. Source