Meta employees are beta-testing Takes, a prediction market app rewarding accurate forecasts with 'cred' trust points—not cash. The app remains in internal testing only.
Sources: [1] The Block · Category: Platform
MEGA—formerly the MegaETH Foundation—laid off 20% of its workforce days after rebranding and pledging $30M to AI inference products.
Sources: [1] The Block · Category: Project
The U.S. House Oversight Committee proposes new restrictions—including a possible full ban—on government officials’ participation in prediction markets, citing insider trading risks.
Sources: [1] The Block · Category: Regulation
CFTC Chair Michael Selig stated that state-level disputes over whether event contracts constitute gambling should not lead to criminal prosecution of founders.
Sources: [1] The Block · Category: Regulation
Hyperliquid’s open interest surged 80% QoQ, capturing 11.7% of combined open interest across its platform and the eight largest centralized exchanges.
Sources: [1] The Block · Category: Data
Payward, Kraken’s parent, reported a 66% YoY drop in adjusted EBITDA to $60M in Q3 and announced upcoming U.S. prediction markets and an AI-powered personal finance assistant.
Sources: [1] The Block · Category: Platform
Twenty One Capital—backed by Tether—reported $1.09B net income in Q3, entirely from Bitcoin price appreciation; it posted a $4.8M operating loss.
Sources: [1] The Block · Category: Project
This overview explains Ethereum’s programmability via smart contracts, account model, EVM, ETH/Gas mechanics, Proof-of-Stake, upgrades, and trade-offs among security, decentralization, and scalability in alternative L1s.
Sources: [1] The Block · Category: Project
2026-11-14 · Content is generated by our pipeline with redaction and source backfill verification. Not investment advice.
