Morning Minute: LayerZero Announces ATLAS as New Settlement Engine
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Citadel Securities and DTCC partner as omnichain interoperability protocol LayerZero launches a new exchange, expanding institutional market infrastructure for digital assets.
BWENEWS AI: Citadel Securities and DTCC partner as omnichain interoperability protocol LayerZero launches a new exchange, expanding institutional market infrastructure for digital assets.
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Two traders sue Polymarket over disputed market settlement results.
According to Foresight News , The Block reports that William Wood and Thomas Bush are suing Polymarket over a prediction market that predicted "no" regarding whether Strategy would sell its tokens before May 31. According to the filed complaint, the plaintiff stated that Strategy clearly stated in its 8-K filing that the company sold 32 bitcoins between May 26 and 31, but Polymarket added a rule clause requiring Strategy to publicly confirm this by May 31. The plaintiffs allege that Polymarket altered the market terms after the transaction was resolved, violating the platform's core commitment to rules-based, objective, and fair dealing. They are demanding that Polymarket compensate the plaintiffs for their profits if the market outcome had been "yes," as well as litigation costs.