Meta is Building a Prediction Market, Arthur Hayes Bull Case on CARDS Token, + World Cup Predictions

Decrypt2 weeks ago1:06:17

FOMO Hour is our Daily Crypto News Show! From 10am ET! Mon-Friday! Powered by https://myriad.markets/markets Kick: https://kick.com/DecryptMedia X: https://x.com/DecryptMedia Farokh: https://x.com/farokh Tyler: https://x.com/Tyler_Did_It Mando: https://x.com/rektmando Crypto majors are flat after a red open to the week; BTC even at $62.4k; ETH even at $1,660; SOL +1% at $69; HYPE -2% at $62. JTO (+10%), JUP (+7%) and AAVE (+4%) led top movers. Oil -2% at $71.40; Gold -2% at $4,060. Stock futures are slightly green after a big tech selloff; DOW even, Nasdaq +0.3%. Vitalik Buterin said the Ethereum Foundation will cut its budget by 40% in a major reset, landing the same day the EF confirmed a 20% headcount reduction and the resignation of co-executive director Hsiao-Wei Wang, the ninth senior figure to leave since January. BNY said FOMO is pushing asset managers into tokenized funds, with fund issuers exploring blockchain-based ETFs out of fear of missing an early foothold in tokenized finance. Chainlink teamed up with 47 South Korean and European banks on an alliance called Project Pangea, which will use stablecoins to settle multimillion-dollar currency trades between the two regions in near real time. BlackRock formally recommended a 1-2% Bitcoin portfolio allocation for investors. Brazil blocked political parties and candidates from accepting crypto donations.