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JPMorgan Debanks Polymarket Over Regulatory Concerns; Report
JPMorgan Debanks Polymarket Over Regulatory Concerns; Report
Authored by Zoltan Vardai via CoinTelegraph.com,
JPMorgan Chase ended a banking relationship with Polymarket over regulatory concerns, according to the Financial Times.
JPMorgan notified the prediction market platform in October 2025 that it needed to find a new bank, the Financial Times reported Friday, citing people familiar with the matter.
Polymarket now works with an unidentified lender.
Still, JPMorgan has maintained other ties with Polymarket. The bank is allegedly keen on a potential underwriting role should Polymarket attempt to go public.
Polymarket reportedly said that it continues to have a “close,...
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Aug 11, 2026 / Tyler Durden
China's Unitree Robotics IPO 5,526 Times Oversubscribed By Retail Investors
China's Unitree Robotics IPO 5,526 Times Oversubscribed By Retail Investors
Unitree Robotics' initial public offering was heavily oversubscribed (5,526 times) by retail investors as China's first publicly traded humanoid robotics company prepares to enter the public markets. The IPO will help usher in physical AI to the equity market.
The Hangzhou-based humanoid robot maker raised about 6.1 billion yuan, or $904 million, after selling 40.4 million shares at 150.8 yuan each, according to Bloomberg.
The offering values Unitree at roughly 61 billion yuan, or $9 billion, ahead of its expected STAR Market debut...
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May 24, 2026 / Dave DeCamp
Sen. Lindsey Graham Backs Trump’s Suggestion To Tie Any Iran Deal To Expanding Abraham Accords
Sen. Lindsey Graham on Sunday backed President Trump’s suggestion that any deal with Iran could be tied to expanding the Abraham Accords, the diplomatic deals under which the UAE and Bahrain normalized relations with Israel in 2020. But the idea of normalizing relations with Israel has very little support among the Gulf Arab countries that […]
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Jun 19, 2026 / Tyler Durden
What AI Is... And Is Not
What AI Is... And Is Not
Authored by Charles Hugh-Smith via OfTwoMinds blog,
It behooves us to be clear on what AI is and is not, as the confusion of the two is the source of both the giddy hype and the opaque risks.
Whether we admit it or not, we are collectively making an epoch-changing bet that AI is fantastic, unstoppable Progress with a capital P so large it blots out the sky. Like all bets, this bet is risky, and if it fails we will all pay the price in capital...
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