#cryptocurrency

Venture capital firm Founders Fund, co-founded by Peter Thiel, has invested in the cryptocurrency prediction market platform Polymarket, which allows users to place bets on various events, including U.S. presidential elections. The project has raised a total of $70 million, with even Vitalik Buterin joining in as one of the investors.

Cryptocurrency exchange Binance faces the risk of losing access to the European Union market if French regulators reject the company's application for registration under the new MiCa legislation. A major reason for this could be that Changpeng Zhao (CZ) is the sole owner of the French branch, holding 100% of its shares.

Some clients of the defunct crypto platform Celsius intend to challenge the restructuring plan in court, dissatisfied with the allocation of assets among creditors. Those with locked cryptocurrency collateral are particularly unhappy, feeling they have received insufficient compensation.

Two brothers have been arrested for conducting an MEV exploit, illegally netting around $25 million in cryptocurrency.