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Did Ronaldo Cry? Polymarket Traders Put $5.4M Behind The Footage Fight
Spain eliminated Portugal from the World Cup on Jul. 6, when Mikel Merino sealed a 1-0 win deep in second-half stoppage time at AT&T Stadium in Arlington, Texas. The late goal sent Spain to the quarterfinals. It also ended Ronaldo's final chase for the one prize he never lifted, and it settled a strange bet on his emotions. The contract, run on the largest prediction market, asked a simple question about whether the Portuguese captain would cry, and it trades in crypto. Users can back positions with Circle's USDC (USDC) stablecoin or wager on outcomes from elections to future Bitcoin (BTC) prices. Traders quickly ... (full story)
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From coindesk.com | 5 hr ago
Onchain governance was heralded a few years ago as the future of how communities run themselves. But a multimillion-dollar attack on the memecoin BONK shows the cost of putting a treasury at the mercy of a public vote anyone can buy their way into. BONK DAO was drained of $20 million late Monday, the culmination of a week-long scheme in which an ...