US Senators Introduce Bipartisan Bill to Ban Sports Betting on Prediction Markets In a significant legislative move, U.S. Senators Adam Schiff (D-Calif.) and John Curtis (R-Utah) have announced plans to introduce a bipartisan bill aimed at banning sports betting on Commodity Futures Trading Commission (CFTC)-regulated prediction markets, including popular platforms…

Arbitrum’s Sepolia Testnet Outage: Understanding the Nitro-Related Disruption Arbitrum’s Sepolia testnet recently experienced a significant partial outage, causing a halt in block production for several hours. This disruption was linked to a suspected issue within its core execution engine, Nitro, which is essential for the network’s functionality. Although the Arbitrum…

Monday Crypto Market Overview: Key Developments and Trends As we kick off the week, Bitcoin (BTC) has rebounded above the $70,000 mark, buoyed by optimistic discussions regarding Iran and a pause in potential energy infrastructure strikes initiated by President Trump. This uplift reflects a broader movement in crypto markets, even…

Crypto Market Sees Retracement Amid Iran-U.S. Negotiation Claims The cryptocurrency market experienced a pullback from earlier gains as uncertainty loomed over potential negotiations between Iran and the U.S. The Iranian parliament speaker, Mohammad-Bagher Ghalibaf, unequivocally denied claims of ongoing talks with the United States, igniting fears among investors. As a…