Polymarket has reportedly fired its marketing chief, also a close friend of the CEO
Matthew Modabber was reportedly ousted after an internal probe of several instances of misconduct, according to the New York Post. Source
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Ethereum delays Glamsterdam test after security devs flag risk to existing contracts
Developers canceled Monday’s Hoodi activation after researchers showed how new gas rules could let smart contracts permanently record failed operations. Source
Cardano holders are being asked to bet $5 million on copper hitting a new record
Toto Finance wants 22 million ADA from Cardano’s treasury to buy tokenized copper, and the metal would have to trade well above its all-time high for holders to get their money back. Source
Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100
Bitcoin and gold pared early losses as the yen gave up gains and Asian stocks rebounded, though oil near $100 keeps inflation risks in focus. Source
Senate’s top Democratic investigator looking into Tether payments to Bo Hines’ firm
Senator Richard Blumenthal, the ranking Democrat on the investigations subcommittee, added a probe of the ex-White House crypto adviser to his list of crypto interests. Source
A16z is the latest VC giant to widen bets beyond crypto and into AI and emerging tech
The venture investor behind early bets on Coinbase, Solana and Uniswap said is broadening its focus, joining other crypto investment firms looking beyond blockchain to artificial intelligence and tech themes. Source
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another U.S. bank. Source
Crypto custody specialist Fireblocks denies it’s in talks to be acquired by Visa
The company is in talks with Visa over a potential $2.5 billion acquisition, Axios reported. Source
Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence
Boosters often say crypto voters can swing elections, but Democrats are seeking mileage out of tying crypto to Trump, corruption and attempts to buy seats in Congress. Source