Author: CryptoDispatchDaily.com

TLDR Congress has launched an investigation into Polymarket and Kalshi over insider trading concerns. Lawmakers are examining whether government employees used confidential information to profit on prediction markets. The House Oversight Committee has requested internal records from both platforms to assess compliance systems. James Comer said Congress may introduce legislation to restrict government officials from using prediction markets. Regulators are focusing on identity verification, geographic controls, and detection of suspicious trading activity. U.S. lawmakers have launched an investigation into prediction market platforms, including Polymarket, over insider trading concerns. The House Oversight Committee seeks internal data to assess whether government officials…

A US-sanctioned Iranian businessman, known to be adept at evading international sanctions, has reportedly been linked to operations using crypto to help Iran finance its armed forces and circumvent sanctions. Babak Zanjani is believed to be involved in processing finances for the Islamic Revolutionary Guard Corps (IRGC). So far, they have carried out about $850 million in crypto transactions on Binance over the past 2 years using a single trading account. According to reports, the account has been operational for at least 15 months. Babak Zanjani tied to major crypto transactions, helping the IRGC According to internal compliance documents obtained…

The U.S. House Committee on Oversight and Government Reform has opened an investigation into Polymarket and Kalshi over concerns tied to insider trading and wagers allegedly linked to classified information. Summary James Comer launched a congressional probe into Polymarket and Kalshi over suspected insider trading and classified-information betting activity. Lawmakers cited reports of suspicious Iran-related wagers and a federal case involving a U.S. Army sergeant accused of using classified information to make over $409,000 in prediction market profits. The investigation comes as Polymarket faces mounting pressure from regulators and a recent suspected exploit tied to its UMA CTF Adapter contract…

TLDR A U.S. lawmaker introduced a bill to establish a strategic Bitcoin Reserve under federal law. The proposal aims to formalize a March 2025 executive order on Bitcoin reserves. The bill has gained bipartisan support with more than a dozen co-sponsors in Congress. The Treasury Department would manage the reserve and oversee its operations. The legislation allows the government to acquire up to 1 million BTC over five years. Rep. Nick Begich introduced legislation to establish a strategic Bitcoin Reserve under U.S. law. The proposal aims to formalize an earlier executive order issued in March 2025. Lawmakers from both parties…

TLDR: Securitize generated record Q1 revenue of $19.5M, marking 39% year-over-year growth. Tokenized real-world assets expanded from $23B to $31B during the first quarter of 2026. Securitize partnered with NYSE, Uniswap Labs, and Computershare to scale tokenized markets. The company processed $1.9B in quarterly transaction volume across blockchain asset services. Securitize, a leading tokenization platform, posted its highest-ever quarterly revenue in Q1 2026. The company reported total revenue of $19.5 million, a 39% increase from the same period last year. The results came amid a broader surge in the tokenized real-world asset market. Securitize also reported assets under management of…

TLDR: WhiteBIT launched a UK-focused crypto platform with GBP deposits via Faster Payments Service. The exchange offers spot trading, crypto conversions, and institutional liquidity solutions. WhiteBIT enters the UK as crypto awareness reaches 91% among British adults in 2025. Strong AML, KYC, and CCSS Level 3 security standards support WhiteBIT’s UK expansion. WhiteBIT, Europe’s largest cryptocurrency exchange by traffic, has launched whitebit.uk, a dedicated platform for UK users. The platform supports GBP deposits through bank cards and the UK Faster Payments Service. It serves both retail and professional participants. The move places WhiteBIT inside one of the world’s most regulated…

Kraken has moved closer to launching in the United Arab Emirates after its parent company, Payward, received preliminary approval from Dubai’s Virtual Assets Regulatory Authority. Summary Kraken’s parent Payward received preliminary VARA approval for broker-dealer, investment and management services in Dubai. The planned UAE launch includes AED funding, margin trading, OTC services and Kraken Prime access. Related reports show Dubai’s crypto rulebook continues attracting exchanges, payment firms and institutional trading platforms. Payward received preliminary approval for a broker-dealer, investment and management licence from VARA. The approval gives Kraken a path toward offering regulated crypto services in Dubai once the remaining…

Every blockchain grapples with one big question – How to agree on the truth. Proof of Work (PoW) and Proof of Stake (PoS) are the two warring answers to that question. Bitcoin’s PoW is the original, a brute-force approach proven by time. And yet, nearly every new blockchain is betting on PoS, chasing a future that’s faster and more efficient. Their core differences reveal what their creators value most in security, fairness, and performance. A fight for security – Raw power vs. cold hard cash Making an attack cost more than it’s worth is the name of the game for…

Key TakeawaysBitcoin holds near $77,400 on May 20 as BTC tests resistance near the $78,000 zone.Market indicators show mixed momentum, with MACD and Momentum flashing sell signals.BTC bulls now watch the $77.5K-$78K breakout zone for a possible move toward $80K. Bitcoin Chart Outlook Bitcoin is priced at $77,440 during the early morning data capture window, reflecting a gain of roughly 0.4% over the previous 24 hours while maintaining a market cap near $1.55 trillion. Trading volume holds steady at approximately $26.69 billion, with intraday price action fluctuating between $76,181 and $77,579. Price activity on the 1-hour chart shows tightening consolidation…

Bitcoin’s long-term chart has produced another interesting price projection, as crypto analyst Crypto Tice is pointing out a technical roadmap needed for a rally to $500,000. This Bitcoin price forecast is based on a broad ascending channel that has guided the cryptocurrency through previous support tests, midrange rallies, and rejection zones. Notably, the latest structure is now positioned at what the analyst called the second major support touch. Bitcoin’s Bull Channel Structure Crypto Tice, a technical analyst on the social media platform X, analyzed a macro bull channel on Bitcoin’s weekly chart that has been governing price action across multiple…