OneLiners
Kraken Introduces Bitcoin Deposits with 2.5% Yield
Kraken exchange has launched a non-custodial product, Earn BTC Vault, offering a 2.5% annual yield for Bitcoin holders. Within the first 10 hours, the service attracted approximately $30 million from 4,000 unique wallets. The income is generated through conversion into kBTC and deploying funds on DeFi platforms like Aave, Morpho, and Tydro.Google Employee Accused of Insider Betting on Polymarket
US authorities have accused Google engineer Michele Spagnuolo of using confidential corporate information to place 25 bets on Polymarket, amounting to $2.7 million. According to the Department of Justice and the CFTC, the account AlphaRaccoon earned approximately $1.2 million. The charges include commodities fraud, wire fraud, and money laundering.Trump Backs Oversight of Prediction Markets
US President Donald Trump stated that oversight of prediction markets should remain under the exclusive jurisdiction of the CFTC. Currently, the regulator is challenging through the courts the attempts by states, including Minnesota and New York, to restrict such contracts at the local legislative level.Bitcoin Drops to $75,000 as Market Awaits ‘Golden Cross’
On May 27, the leading cryptocurrency fell to approximately $75,000, a decline of 2.5% over the day. Traders are monitoring the potential formation of a 'golden cross'—a signal where the 50-day moving average crosses the 200-day moving average from below. Meanwhile, ZEC emerged as the main underperformer among major crypto assets, losing about 9%.We use cookies to improve the quality of our service.
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