Author: CoinNewsJunction.com

TLDR: Polymarket is targeting a $400M funding round at a $15B valuation, a 67% jump from its October 2025 figure.  Total new financing could reach $1B as Polymarket looks to add strategic investors alongside existing backer ICE.  Prediction market monthly volumes surged from $1.2B in early 2025 to over $20B by January 2026, per TRM Labs.  Regulatory pressure mounts as U.S. senators push the Prediction Markets Are Gambling Act to restrict certain contracts. Polymarket is seeking to raise $400 million at a $15 billion valuation, The Information reported Sunday. The decentralized prediction markets platform is in active talks with investors…

A US federal judge has dismissed a class-action lawsuit linked to a memecoin promoted by Caitlyn Jenner.  Summary US judge ruled Caitlyn Jenner memecoin did not qualify as security under investment contract standards. Court said investors failed to prove pooled funds or structured financial returns linked to token. Lawsuit claims involving token promotions and donations were rejected and case dismissed from federal court. The court found that the claims did not meet the legal standard required to classify the token as a security under US law. Judge Stanley Blumenfeld Jr. stated that the complaint failed to show that the token…

In the latest generative AI news, CBS MoneyWatch reported that US households are actively making room in their budgets for AI subscriptions, backed by Bank of America Institute data showing the number of paying AI subscribers has surged 38% from the 2024 average. Summary Approximately 3% of Bank of America households paid for AI services in early 2026, with median monthly spend at $20, up 10.4% year over year, driven by growing use of tools like ChatGPT Plus, Claude Pro, and Gemini. The share of subscribers paying $21 to $40 per month jumped 50% year to date versus 2024, suggesting…

TLDR: Tennessee bill allows up to 10% of public funds in Bitcoin with a strict annual purchase cap in place. The proposal mandates cold storage and multi-party custody to improve security of state-held Bitcoin assets. Only Bitcoin is permitted under the bill, excluding all altcoins from state investment strategies. On-chain proof of reserves is required to ensure transparency and public verification of holdings. Tennessee is moving closer to integrating Bitcoin into its public finance framework after a proposed reserve bill advanced to the Senate Finance Committee. The measure sets strict rules for allocation, custody, and acquisition, with a potential start…

Key Takeaways: Grinex halts operations after a state-level hack drains over 1 billion rubles in USDT from user wallets. The 2025 takeover of Garantex solidified Grinex as a primary target for ongoing U.S. sanctions. Law enforcement is reviewing logs from 54 wallets as Grinex seeks to recover 13.74 million USDT in stolen TRX. Allegations of State-Sponsored Interference Grinex, a crypto-ruble exchange serving Russian businesses and individual investors, has suspended operations after a sophisticated cyberattack. The breach resulted in the theft of digital assets valued at approximately $13.74 million (more than 1 billion rubles) in the stablecoin USDT. The exchange, which…

Bitcoin has seen a lot of sell-offs recently that have contributed to the decline in its price. As a result, there has been a lot of panic in the market as the sentiment shifted deep into the negative. However, it seems like the larger investors are actually looking at the current downtrend as an opportunity to fill up their bags. The buying has been rapid recently, suggesting that I stations are actually picking up whatever BTC retail has been dumping on the market. What The Big Players Have Been Up To The last week has seen a lot of activity…

Quantum stocks have been rallying because traders just got a new reason to believe this sector may get useful faster than expected after Nvidia released a new open-source AI package built for quantum systems. That news hit Asian markets first and in South Korea, Axgate and ICTK briefly surged enough to hit the daily 30% ceiling, according to data from TradingView. In China, GuoChuang Software and QuantumCTek jumped more than 8%. In Japan, Fixstars also surged by like 8%. What does Nvidia plan to do with its new AI model? Nvidia’s new Ising model arrived late Tuesday in Asia, and…

TLDR: Ethereum stablecoin supply reached $180B, up 150% in three years, holding 60% of the total market share. Token Terminal projects up to $850B in Ethereum inflows by 2030, even if its market share drops to 50%. Public crypto sales fell 93% in eight months, dropping from $698M in June 2025 to $46.8M in February 2026. Private fundraising remains strong, with December 2025 recording $14.5B raised across all crypto funding rounds. Ethereum stablecoin supply has crossed $180 billion, marking a new all-time high according to Token Terminal data. This figure represents a 150% increase over the past three years. Ethereum…

Nigel Farage is facing calls for a formal regulatory probe into his financial involvement with the cryptocurrency firm Stack BTC following his appearance in the company’s promotional content. Summary Nigel Farage is under scrutiny from the Financial Conduct Authority following a request from the Liberal Democrats to investigate his financial involvement and promotional activities with Stack BTC. The investigation focuses on whether the Reform UK leader breached market rules by appearing in promotional videos for the firm while holding a 6.31% stake in the business. The Liberal Democrats sent a letter to the Financial Conduct Authority (FCA) requesting an investigation…

Third-party AI routing services are exposing users to significant security flaws that could result in the theft of cryptocurrency and cloud credentials. Summary Researchers found that 26 third-party LLM routers are actively injecting malicious code and stealing credentials by exploiting their access to plaintext data. The study revealed that intermediaries can intercept private keys and cloud credentials because they terminate secure encryption to aggregate AI requests. According to a paper published on Thursday by University of California researchers, the supply chain for Large Language Models (LLM) contains several vulnerabilities that allow for malicious code injection and credential extraction.  These intermediaries,…