Polymarket Faces $10 Million Fraud Attempt as CEO Response Draws Scrutiny

Polymarket faces fresh scrutiny after a reported $10 million stolen card fraud attempt raises concerns over payment controls, compliance, and U.S. regulatory oversight.
Crypto World News
Crypto World News

Polymarket faces fresh scrutiny after a reported $10 million stolen card fraud attempt raises concerns over payment controls, compliance, and U.S. regulatory oversight.

Grayscale’s Zcash ETF is preparing for a 3-for-1 share split as fund activity expands rapidly. ZCSH assets have approached $890 million, while ZEC recently reached $1,521 and exchange volume neared a previous record, highlighting increased attention around the privacy-focused cryptocurrency.

Ethena price is approaching the key $0.20 resistance level as traders assess whether recent momentum can support further gains. Arthur Hayes’ $0.50 call and Ethena’s buyback plans have added fundamental and market attention to ENA.

Robinhood Chain fees surged to $4.5 million in one day, while Ethereum received just $398, highlighting the growing revenue gap between Layer 2 networks and Ethereum.

ONDO price is gaining momentum as the token approaches key resistance, while Ondo Finance expands its ecosystem beyond 440 tokenized assets.

XLM price breaks above $0.20 as buying momentum strengthens, while key technical levels point to potential further gains and a possible retest.

Anthropic is reportedly targeting November for its initial public offering, with investors discussing a potential $2 trillion valuation. The Claude developer could seek up to $100 billion, while strong revenue growth and rising computing costs remain key factors ahead of the proposed listing.

Ethereum price has recovered above $2,600 after defending the $2,360–$2,400 support zone. Analysts are now watching $2,500 and $2,640 for confirmation of further upside, while $4,892 remains a major long-term resistance level. On-chain activity and rising whale transactions add context to the recent market recovery.

Dogecoin price is holding the key $0.078–$0.080 support zone as a falling wedge setup develops. With DOGE gaining over 20% in 30 days and whale accumulation increasing, a breakout above $0.091–$0.092 could open the path toward the $0.11 target.

CFTC relief expands regulatory clarity for crypto wallets and passive software providers, allowing eligible platforms to connect users with regulated derivatives markets without registering as introducing brokers.