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🚨 BREAKING: The CFTC has ordered prediction markets to drop state geo-blocks within 30 days — or explain why they can't. Exchanges like Kalshi and Polymarket must open access to traders in every US state, the regulator says, because blocking users by location breaks federal impartial-access rules. But courts in Michigan, Nevada and other states have ordered those very same blocks — putting the industry between a federal order and court injunctions, with a December 5 deadline looming. #CFTC #Kalshi #Polymarket #PredictionMarkets #CryptoNews #Finance Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com

🟣 Polygon has proposed a hard fork to recover 70.49 million POL — worth around $6.5 million — stolen in the separate Binance and Polymarket security incidents on Oct 29–30. The Polygon Improvement Proposal, posted Nov 4 by the Polygon Labs validator support team, would zero out five attacker-controlled addresses (46.63M POL linked to Binance, 23.86M POL to Polymarket) and credit the same amounts to verified recovery wallets. No new tokens would be minted and total supply stays unchanged. The funds are already frozen — block producers added the addresses to a denylist — but the freeze alone can't return them. The proposal calls the fork an "extreme action" that should not be reproduced commonly. It goes before the Polygon Protocol Governance Call today (Nov 5, 14:30 UTC); if approved, client work and Amoy testnet rehearsal would take about two weeks. Should a chain ever rewrite balances to return stolen funds? 👇 #Polygon #POL #Crypto #Blockchain #Binance #Polymarket #CryptoNews #Zimbuck

🟣 Polygon has proposed a hard fork to recover 70.49 million POL — worth around $6.5 million — stolen in the separate Binance and Polymarket security incidents on Oct 29–30. The Polygon Improvement Proposal, posted Nov 4 by the Polygon Labs validator support team, would zero out five attacker-controlled addresses (46.63M POL linked to Binance, 23.86M POL to Polymarket) and credit the same amounts to verified recovery wallets. No new tokens would be minted and total supply stays unchanged. The funds are already frozen — block producers added the addresses to a denylist — but the freeze alone can't return them. The proposal calls the fork an "extreme action" that should not be reproduced commonly. It goes before the Polygon Protocol Governance Call today (Nov 5, 14:30 UTC); if approved, client work and Amoy testnet rehearsal would take about two weeks. Should a chain ever rewrite balances to return stolen funds? 👇 #Polygon #POL #Crypto #Blockchain #Binance #Polymarket #CryptoNews #Zimbuck

POLYMARKET PAUSES TRADING AFTER SECURITY BREACH. Prediction market Polymarket halted trading on its international platform Thursday after a third-party provider was compromised. Trading went cancel-only, relayer actions paused, and about $2.65M was drained — Arkham data links a suspected attacker wallet holding ~$2.65M in POL. Polymarket says the issue is fixed and all affected users will be made whole. Third-party risk is now crypto's weakest link. Full story in the bio. #Polymarket #CryptoNews #PredictionMarkets #Zimbuck