The once multi-billion dollar cryptocurrency enterprise, which was headquartered in the Bahamas, started unraveling after a CoinDesk article questioning the financials of FTX’s sister company Alameda Research led to a liquidity crunch in early November. On Tuesday, rival exchange Binance was looking to buy the embattled FTX before the deal was scrapped – the exchange is now seeking protection from bankruptcy in the U.S.
US Military Action Against Iran Exposes Split Between Polymarket and Kalshi Models
US and Israeli strikes on Iran over the weekend despatched shockwaves by prediction markets, exposing sharp operational contrasts as a...
