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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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Mar 27, 2026 / Tyler Durden
Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos
Senate Passes DHS Funding Bill To End 40-Day Shutdown, Airport Chaos
At 2:22 a.m. EST, the Senate unanimously passed a spending bill to fund the Department of Homeland Security after a 40-day shutdown that disrupted airport security and sparked travel chaos for millions of Americans.
The bill, which excludes funding for Immigration and Customs Enforcement and Customs and Border Protection, still needs House approval and President Trump's signature. The overnight breakthrough came as airport TSA lines worsened nationwide this week, with TSA agents calling out sick or quitting due to...
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Apr 30, 2026 / Tyler Durden
The Most Splendid Housing Bubbles In America
The Most Splendid Housing Bubbles In America
Authored by Wolf Richter via Wolf Street,
In 27 of the 33 big and expensive cities we track here, mid-tier home prices in March were down from their respective peaks in prior years, led by Austin (-26%), Oakland (-25%), and New Orleans (-19%).
Now also filtering into these mid-tier home prices is the “mansion shortage” in San Francisco, the epicenter of the AI investment bubble. Total employment in the city dropped and the unemployment rate ticked up. But a relatively small number of super-highly paid...
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Apr 1, 2026 / Tyler Durden
China's Sci-Fi Boom Drives Record Revenue Growth
China's Sci-Fi Boom Drives Record Revenue Growth
Public interest in science fiction is rapidly rising in China, alongside the country’s push toward technological advancement.
A new report says revenues hit a record in 2025 while related online searches surged by over 200%, according to the South China Morning Post.
According to data released at the China Science Fiction Convention and reported by Xinhua, total industry revenue reached 126.1 billion yuan (US$18.2 billion), marking a 15.7% year-on-year increase.
The report also noted expanding global influence for Chinese sci-fi intellectual property.
Video games continue to...
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