Wyoming becomes America's "Registered Hot Land" challenging Delaware LLC status

Polymarket breaks $478 million in daily trading record after Iran airstrike

After the US and Israel conducted airstrikes on Iran, the prediction market platform Polymarket reached a new trading volume high, hitting $478 million in a single day, with political markets accounting for $220 million. Bubblemaps discovered at least six addresses profiting approximately $1.2 million, raising concerns about insider trading. Meanwhile, competitor Kalshi faced criticism for involving contracts related to Hamedani, despite its CEO claiming the contracts comply with CFTC regulations, the company is facing ethical challenges.

The outbreak of war between the US and Iran triggers a liquidation wave in the crypto world, with Brother MaJi's 25x leverage being liquidated again.

February 28, Israel launched a military operation against Iran with support from the United States, causing significant volatility in the crypto market. Major cryptocurrencies such as Bitcoin, Ethereum, and Solana all experienced sharp declines, especially when a well-known artist Huang Licheng was forcibly liquidated due to holding an Ethereum position with 25x leverage, resulting in a substantial loss of funds. This incident highlights the market risks associated with high leverage. The event has drawn widespread attention, and the crypto market's response to geopolitical risks has been swift. Investors should exercise caution in managing their risks.

Arthur Hayes says that if the U.S. intervenes in the Iran conflict for the long term, it could drive up Bitcoin prices

Arthur Hayes pointed out that since 1985, U.S. presidents have initiated military actions in the Middle East, and Trump continued this practice. He believes that prolonged U.S. involvement in Iran could lead to a Federal Reserve rate cut, supporting Bitcoin prices. The duration and cost of U.S. involvement remain uncertain.

Platform X has removed "Financial Products, Cryptocurrency" from the "Paid Partnership Policy" banned industry categories.

PANews March 2 News, X platform has removed "financial products, cryptocurrencies" from the banned industry categories in the "Paid Collaboration Policy." Nikita Bier, head of X product and Solana advisor, stated that this was a mistake and has been fixed. He also mentioned that he loves prediction markets. This means that cryptocurrency-related advertisements on X will be required to enable the "Paid Collaboration" disclosure label. Earlier yesterday, the X platform updated its paid collaboration policy: cryptocurrencies, investment services, and others no longer meet the promotion criteria.

War-time Verification: Hyperliquid is the first choice for hedging during crises, with 24/7 trading being its biggest advantage

As the US-Iran conflict escalates, the crypto derivatives platform Hyperliquid has become a key venue for investors to hedge commodity risks. Traders are rushing into perpetual contracts for trading oil and gold to meet 24/7 trading demands, confirming its unique value when traditional markets are closed.

Last night's US-Iran situation review: Iranian high-ranking officials were attacked and killed, over 200 ships stranded in the Strait of Hormuz

The Middle East situation worsens, with the US and Israel launching large-scale airstrikes on Iran, resulting in multiple high-level officials being attacked and killed. The conflict impacts global energy and financial markets, with oil prices facing upward risk and a rise in risk aversion. The disruption of supply through the Strait of Hormuz could trigger inflation reassessment, leading to increased volatility in global asset prices.