AGP Executive Report
Last update: 2 hours agoPrediction Markets Under Fire: The U.S. House Oversight Committee has launched a formal insider-trading probe into Kalshi and Polymarket, demanding identity and trade-surveillance records by June 5 as lawmakers worry government-linked users could profit from non-public info. Platform Security: Polymarket also confirmed a separate internal breach tied to a compromised Polygon wallet, with attackers reportedly draining about $700K in POL before withdrawals stopped—while saying user funds are safe. Crypto Meets TradFi: ICE and OKX are teaming up to launch never-expiring perpetual oil futures pegged to Brent and WTI, aiming to bring regulated energy benchmarks to OKX’s 120M retail users. Corporate Bitcoin Moves: Trump Media transferred another 2,650 BTC to Crypto.com, deepening its estimated $455M unrealized loss and fueling sale speculation. Regulation Watch: Germany kept its 12-month crypto tax exemption after lawmakers rejected a Green Party push to end it. Market Signals: Near Protocol’s June dynamic resharding upgrade sparked a NEAR jump of ~27%.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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