June 25, 2026
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HoneyBunns

Sweet Insights. Serious Crypto.

Amanda Lane

Tag: Bets

SpaceX tokenized stock bets top $50M in liquidations as crypto leverage reaches Wall Street

admin011 mins

SPCX has already turned SpaceX’s post-debut volatility into a crypto-native liquidation event. SpaceX-linked perpetual contracts exceeded $50 million in 48-hour liquidations as the underlying stock tested its $150 Nasdaq opening price, showing how quickly tokenized-stock exposure can shift from an access story to leveraged market plumbing. SPCX perpetual liquidations ranked behind only Bitcoin and Ethereum in…

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$1.9M in Fake Bets Drove Polymarket Hype: WSJ

admin07 mins

In brief Dozens of mostly college-age creators were paid to film fake bets, and sometimes fake wins, on near-identical copies of the Polymarket website, a Wall Street Journal investigation found. A WSJ review of 1,105 videos by 10 creators found that none of roughly $1.9 million in wagers shown were real, including a creator’s staged…

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House Republican Introduces Insider Trading Bill to Ban Lawmaker Prediction Market Bets

admin05 mins

In brief Rep. Bryan Steil (R-Wis.) introduced the Stop Lawmakers from Predicting Act on Thursday. The bill would bar members of Congress, their spouses, and dependent children from wagering on policy outcomes, government actions, or elections via prediction markets. It also builds on broader federal scrutiny of platforms like Kalshi and Polymarket, including a Senate…

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