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🏴‍☠️ Shields up: How a possible cyberattack could affect Americans and how to prepare 🏴‍☠️
Experts say the Russia-Ukraine conflict puts the world in uncharted territory.
October 11, 2022
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(Dinarian Note: This article is from 02/25/22, read it and then go onto the next article from Monday 10/10/22. There are NO COINCIDENCES! And I assure you this is NOT RUSSIA conducting these attacks.. Think Hagelian Dialectic) 

February 25, 2022, 2:19 PM

As Russia's military continues to strike Ukrainian cities, national security officials are keeping eyes on a different battlefield.

Senior U.S. law enforcement and Homeland Security officials have told ABC News that there is growing concern that Russia could launch further cyberattacks against the West. 💥The potential targets include electrical grids, banking systems and mobile networks, according to the officials.💥

Currently, there is no cyber threat to the U.S. homeland, according to the Department of Homeland security.

Cybersecurity experts tell ABC News that people shouldn't panic over a potential cyberattack, but they should start preparing for one.

"Freaking out is not a productive thing to do. There are lots of reasons to think that the fact that something is out there but that doesn't mean it could happen," Stuart Madnick, the founding director of Cybersecurity at MIT Sloan, told ABC News. "But there are still a number of things that people can do to stay safe and protected."

Madnick, whose group has consulted with U.S. agencies and private companies such as Nasdaq, said the world is in uncharted territory when it comes to cyber security since this involves alleged cyberattacks by a major superpower. However, what has transpired so far is similar to previous cyber security incidents, he said.

There are two types of cyberattacks, he said: ones that have an indirect impact on people's livelihood and attacks targeting the tech of specific people.

The biggest indirect hacking examples in the past have targeted key infrastructure points such as the Colonial Pipeline ransomware attack in May 2021, which affected everything from gas prices to flights.

"In the last two years, we've been seeing more of these attacks around the world," Madnick said. "You need to realize how many of our systems are connected to computers and just one hack can have bigger effects."

U.S. and international officials have accused the Russian government of committing cyber attacks that targeted Ukraine's banks in recent weeks.

On Friday, Ukrainian officials warned of a phishing scheme emanating from Belarus, which pretended to be a member of the Ukrainian cybersecurity agency.

Javed Ali, the former senior director of counterterrorism at the National Security Council, told ABC News that the attacks could escalate to affect utilities, such as gas and electricity.

"Those will be escalatory steps from Russia and that will also likely be integrated with physical military operations all designed to bring cascading effects against Ukraine," he said.

Madnick warned that cyberattacks on the Ukrainian computer systems could potentially spill over to other regions depending on how close computer networks work.

However, he noted, that U.S. officials are paying close attention to online activity.

Ali said it's hard to predict if Russia would take such an action on the West since it would mean an immediate retaliation from countries with their own state-of-the-art tools and tactics.

"The thresholds for those operations being launched, the effects, [and] the duration those are all things would have to be thought through very carefully," Ali said. "But U.S. Cyber Command is the lead for military operations from the United States, has a world-class capability."

The Department of Homeland Security, the agency tasked with the domestic response to the invasion in Ukraine, has set up a page on the Cybersecurity and Infrastructure Security Agency’s website specifically warning of cyber-attacks emanating from Russia.

Earlier this week, the U.S. Cybersecurity & Infrastructure Security Agency sent an advisory to businesses and organizations urging them to enact a "shields up" guidance.

"While there are not currently any specific credible threats to the U.S. homeland, we are mindful of the potential for the Russian government to consider escalating its destabilizing actions in ways that may impact others outside of Ukraine," the agency said in its letter.

The federal government has called on businesses to make sure their information technology teams update their computer software to close any vulnerabilities and train their employees to watch out for any malware.

Madnick said the preparedness of such attacks varies by sector and their experience as cyberattack victims.

"Organizations like banks that have been targeted for a long time have done a better job in shoring up their cybersecurity," he said. "Others, like hospitals and smaller municipalities that haven’t been attacked in the past tend not to do well."

Madnick said when it comes to individual Americans, there is very little they could do to prevent an indirect attack on the country's infrastructure systems, but they should always prepare for the possibility. He likened it to preparing for a big storm and suggested that individuals who are concerned about their money should always have cash available for emergencies.

Madnick also urged people to back up their important computer files, including bank statements, important e-mails and other documents frequently and to offline sources such as an external drive.

"Everyone should be doing this regardless of increasing cyber threats," he said.

Madnick said cyber attackers linked to foreign agencies wouldn't likely conduct attacks that target individual Americans, but people should still be mindful of the vulnerabilities in their tech. Having updated anti-virus and malware software, staying on top of computer updates and avoiding any suspicious links and e-mails, go a long way he said.

"Cyberattacks and cyber security are not something we talk about a lot, but we need to," he said. "This is not a brand new issue."

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Cyberattacks reported at US airports

October 10, 2022, 8:54 PM

Some of the nation's largest airports have been targeted for cyberattacks Monday by an attacker within the Russian Federation, a senior official briefed on the situation confirmed to ABC News.

Importantly, the systems targeted do not handle air traffic control, internal airline communications and coordination or transportation security.

"It's an inconvenience," the source said. The attacks have resulted in targeted "denial of public access" to public-facing web domains that report airport wait times and congestion.

Over a dozen airport websites were impacted by the "denial of service" attack, John Hultquist, head of intelligence analysis at cybersecurity firm Mandiant, told ABC News. That type of attack essentially overloads sites by jamming them with artificial users.

"Killnet," a pro-Russian hacker group, is believed to be behind the attack, according to Hultquist. While similar groups have been found to be fronts for state-backed actors, Hultquist said there is no evidence the Russian government was involved in directing this attack.

The attacks were first reported around 3 a.m. ET when the Port Authority notified the Cybersecurity and Infrastructure Security Agency that the LaGuardia Airport system had been hit. LaGuardia has been restored, but other airports around the country have subsequently been targeted.

The FBI and Cybersecurity and Infrastructure Security Agency, part of the Department of Homeland Security, each said they were aware of the attacks.

The websites for Des Moines International Airport, Los Angeles International Airport (LAX) and Chicago O'Hare International Airport appeared impacted Monday morning.

Later Monday, Denver International Airport, the third busiest airport in the country, was attacked and continues to be attacked, according to an airport spokesperson.

"Similar to many other U.S. airports, DEN’s website has been targeted," the spokesperson told ABC News. "The attacks began around 11 a.m. this morning and they continue. The attackers are attempting to overwhelm our website so that it becomes unavailable to the public."

"At this time, the attacks have not been impactful, though we are closely monitoring these attacks and any others. We are also sharing information on these attacks with TSA, CISA and other airports," the spokesperson added.

Hartsfield-Jackson Atlanta International Airport reported around 10:30 a.m. ET that its site is back up and running and that "at no time were operations at the airport impacted."

"Early this morning, the FlyLAX.com website was partially disrupted," LAX said in a statement to ABC News. "The service interruption was limited to portions of the public facing FlyLAX.com website only. No internal airport systems were compromised and there were no operational disruptions."

LAX said its website was back up and running a little before 1 p.m. ET.

The group "Killnet" has been active since the beginning of the war in Ukraine, targeting Ukrainian allies and recently claiming credit for taking down government websites in the U.S. They operate internationally and have been known to carry out attacks across Europe, according to cybersecurity experts.

Engineers and programmers are actively working to close backdoors that allowed the attacks and shoring up more critical computer infrastructure.

Jamming attacks like the one seen Monday morning are highly visible but largely superficial and often temporary, Hultquist said.

"We are pretty clear it's a Russian cyber group that claimed responsibility," Sen. Chuck Schumer, D-N.Y., said Monday, going on to connect the attacks to the Ukrainian bombing of a bridge in Crimea over the weekend. "We are asking our authorities to confirm who did it and then take the appropriate strong action so the Russians know they cannot get away with this. Putin has a lot of nerve, after his brutal vicious war against the Ukrainian people, to now say he has the right to retaliate because they protected themselves with a bridge is outrageous."

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🚨Interview with Jack McDonald CEO of Standard Custody & Trust🚨

Jack McDonald, Co-Founder of PolySign alongside Arthur Britto Timestamps for the Video listed below

Timestamps:
0:50 — Founded PolySign with Arthur Britto.
0:57 — Founding of Standard Custody.
1:01 — Ripple acquires Standard Custody.
1:20 — Why Ripple entered stablecoins and custody
1:40 — Discussion regarding Ripple and USDC
2:40 — Acquisition of prime broker Hidden Road.
3:12 — Hidden Road’s client base
4:15 — Ripple pledges $25 million
4:46 — Forward-looking commentary

OP: @ProfRipplEffect

00:06:55
👉You Will Own Nothing, And Be Happy...

"Ever notice how you don't actually own anything anymore? Your music 🎶, your movies 🎬, your cloud storage ☁—all of it is just a subscription 💳."

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00:01:06
🚨EXPLAINED: BRICS LAUNCHES A GOLD-BACKED CURRENCY: THE "UNIT" It's called the "Unit."🚨

This is a live prototype for an alternative to the US dollar in international trade.

What Is It?

A digital currency for trade between BRICS nations (Brazil, Russia, India, China, South Africa).

It's backed by a basket of their local currencies and physical gold. How It Works (Simplified):

1⃣ Step 1: The "Basket" is Created. A "Unit Reserve Basket" holds: 40% in physical gold (40 grams for the first test batch). 60% in five BRICS currencies (12% each: Real, Yuan, Rupee, Ruble, Rand).

2⃣ Step 2: Units Are Issued. On October 31, 2025, 100 Units were created. Each Unit was worth exactly 1 gram of gold.

3⃣ Step 3: Value Fluctuates with the Market. The Unit's value changes daily based on the strength of the currencies in the basket vs. gold.

By December 4, the basket's value had adjusted to 98.23 grams of gold. Therefore, 1 Unit = 0.9823g of gold.

The Goal: Trade Without Dollars. Countries could use Units to settle transactions, reducing reliance on the US dollar and keeping their gold reserves ...

00:05:36
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading

🚨JUST IN: SEC ENDS 2-YEAR ONDO PROBE

The SEC has closed its investigation into $ONDO, giving Ondo Finance the green light to accelerate its U.S. tokenization expansion.

Best Brief Pep Talk for Homo Sapiens

".....the Kingdom of God is within you...." 

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https://www.facebook.com/reel/1180503997433929

Why your privacy matters:

https://www.facebook.com/share/r/1JTYg4iJzv/

Do you realize that if you are an American, your overall right to privacy is guaranteed by the Federal Constitutions as expressed by the 1st, 3rd, 4th, 5th, 9th and 14th Amendments? 

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They are trying to invade your privacy by bombarding you with Electromagnetic Radiation, non-consensual scanning, non-consensual nanotech implants and non-consensual tracking. 

Have you had enough?  Good.

We just told Donald Trump and his Administration, point blank, to shut down the whole invasive "secret" program.  It's not a secret anymore. 

No matter what the Luciferians believe, and no matter what they do, the Kingdom of the True God is ...

👉Millennials & Gen-Z are Poorer Than Ever (Here's Why)

🚨 Discover the shocking truth about the millennial wealth gap and gen z financial struggles. From housing costs to student debt, learn why younger generations face unprecedented economic challenges.

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Stellar CEO Reveals Where Real Opportunity Lies in Crypto Market: Details

In a recent tweet, Stellar Development Foundation (SDF) CEO and Executive Director Denelle Dixon defines what "real opportunity" is in blockchain as a new financial future beckons.

The SDF CEO was reacting to a recent Bloomberg report on Bank of New York Mellon Corp (BNY), Nasdaq, S&P Global and iCapital participation in a new $50 million investment round by Digital Asset Holdings. This comes as some of Wall Street’s biggest names embrace the technology that underpins cryptocurrencies to handle traditional assets.

Reacting to this development, Stellar Foundation CEO Denelle Dixon stated that every blockchain investment is a bet on a different financial future. Dixon added that seeing banks explore blockchain technology validates what has been known over the years.

Real opportunity defined

While Wall Street’s biggest names betting on blockchain might be one of the most significant adoption milestones in the digital asset market, Dixon defines what real opportunity is and what it is not.

According to the SDF executive director, real opportunity is not replicating old systems on new rails but rather building open networks that fundamentally expand global finance participation.

"But the real opportunity isn’t replicating old systems on new rails—it’s building open networks that fundamentally expand who gets to participate in global finance. That’s the opportunity," Dixon tweeted.

At the Meridian 2025 event, Stellar outlined its long-term privacy strategy, committing to investing in critical privacy infrastructure and building foundational cryptographic capabilities.

Stellar eyes privacy upgrade

A new protocol upgrade is on the horizon for the Stellar network: X-Ray, which lays the groundwork for developers to build privacy applications on Stellar using zero-knowledge (ZK) cryptography.

The protocol timeline testnet vote is anticipated for Jan. 7, 2026, while the mainnet vote is expected for Jan. 22, 2026.

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XDC Network's acquisition of Contour Network

XDC Network's acquisition of Contour Network marks a silent shift to connect the digital trade infrastructure to real-time, tokenized settlement rails.

In a world where cross-border payments still take days and trap trillions in idle liquidity, integrating Contour’s trade workflows with XDC Network Blockchains' ISO 20022 financial messaging standard to bridge TradFi and Web3 in Trade Finance.

The Current State of Cross-Border Trade Settlements

Cross-border payments remain one of the most inefficient parts of global finance. For decades, companies have inter-dependency with banks and their correspondent banks across the world, forcing them to maintain trillions of dollars in pre-funded nostro and vostro balances — the capital that sits idle while transactions crawl across borders.

Traditional settlement is slow, often 1–5 days, and often with ~2-3% in FX and conversion fees. For every hour a corporation can’t access its own cash increases the cost of financing, tightens liquidity that could be used for other purposes, which in turn slows economic activity.

Before SWIFT, payments were fully manual. Intermediary banks maintained ledgers, and reconciliation across multiple institutions limited speed and volume.

SWIFT reshaped global payments by introducing a secure, standardized messaging infrastructure through ISO 20022 - which quickly became the language of money for 11,000+ institutions in 200 countries.

But SWIFT only fixed the messaging — not the movement. Actual value still moves through slow, capital-intensive correspondent chains.

Regulated and Compliant Stablecoin such as USDC (Circle) solves the part SWIFT never could: instant, on-chain settlement.

Stablecoin Settlement revamping Trade and Tokenization

Stablecoin such as USDC is a digital token pegged to the US Dollar, still the most widely used currency for trade, enabling the movement of funds instantly 24*7 globally - transparently, instantly, and without the need for any intermediaries and the need to lock in trillions of dollars of idle cash.

Tokenized settlement replaces multi-day reconciliation with on-chain finality, reducing:

  • Dependency on intermediaries
  • Operational friction
  • Trillions locked in idle liquidity

For corporates trapped in long working capital cycles, this is transformative.

Digital dollars like USDC make the process simple:

Fiat → Stablecoin → On-Chain Transfer → Fiat

This hybrid model is already widely used across remittances, payouts, and treasury flows.

But one critical piece of global commerce is still lagging:

👉 Trade finance.

The Missing link is still Trade Finance Infrastructure.

While payments innovation has raced ahead, trade finance infrastructure hasn’t kept up. Document flows, letters of credit, and supply-chain financing remain siloed, paper-heavy, and operationally outdated.

This is exactly where the next breakthrough will happen - and why the recent XDC Network acquisition of Contour is a silent revolution.

It transforms to a new era of trade-driven liquidity through an end-to-end digital trade from shipping docs to payment confirmation – one infrastructure that powers all.

The breakthrough won’t come from payments alone — it will come from connecting trade finance to real-time settlement rails.

The XDC + Contour Shift: A Silent Revolution

  • Contour already connects global banks and corporates through digital LCs and digitized trade workflows.
  • XDC Blockchain brings a settlement layer built for speed, tokenization, and institutional-grade interoperability and ISO 20022 messaging compatibility

Contour’s digital letter of credit workflows will be integrated with XDC’s blockchain network to streamline trade documentation and settlement.

Together, they form the first end-to-end digital trade finance network linking:

Documentation → Validation → Settlement all under a single infrastructure.

XDC Ventures (XVC.TECH) is launching a Stable-Coin Lab to work with financial institutions on regulated stablecoin pilots for trade to deepen institutional trade-finance integration through launch of pilots with banks and corporates for regulated stable-coin issuance and settlement.

The Bottom Line

Payments alone won’t transform Global Trade Finance — Trade finance + Tokenized Settlement will.

This is the shift happening underway XDC Network's acquisition of Contour is the quiet catalyst.

Learn how trade finance is being revolutionised:

https://www.reuters.com/press-releases/xdc-ventures-acquires-contour-network-launches-stablecoin-lab-trade-finance-2025-10-22/

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Inside The Deal That Made Polymarket’s Founder One Of The Youngest Billionaires On Earth🌍

One year ago, the FBI raided Polymarket founder Shayne Coplan’s apartment. Now, the college dropout is a billionaire at age 27.

In July, Jeffrey Sprecher, the 70-year-old billionaire CEO of Intercontinental Exchange, the parent company of the New York Stock Exchange, sat at Manhatta, an upscale restaurant in the financial district overlooking the sprawling New York City skyline from the 60th floor. As a sommelier weaved through tables pouring wine, in walked Shayne Coplan—in a T-shirt and jeans, clutching a plastic water bottle and a paper bag with a bagel he’d picked up en route. Sprecher chuckles as he recalls his first impression of the boyish, eccentric entrepreneur: “An old bald guy that works at the New York Stock Exchange, where we require that you wear a suit and tie, next to a mop-headed guy in a T-shirt that's 27.” But Sprecher was fascinated by Polymarket, Coplan’s blockchain-based prediction market, and after dinner, he made his move: “I asked Shayne if he would consider selling us his company.”

Prediction markets like Polymarket let thousands of ordinary people bet on future events—the unemployment rate, say, or when BitCoin will hit an all-time high. In aggregate, prediction market bets have proven to be something of a crystal ball with the wisdom of the crowd often proving itself more prescient than expert opinion. For instance, Polymarket punters predicted that Trump would prevail in the 2024 presidential election, when many national pundits were sure that Kamala Harris would win.

Coplan initially turned down Sprecher’s buyout offer. But discussions led to negotiations and eventually a deal. In October, Intercontinental announced it had invested $2 billion for an up to 25% stake in the company, bringing the young solo founder the balance he was looking for. “We're consumer, we’re viral, we're culture. They’re finance, they’re headless and they’re infrastructure,” Coplan tells Forbes in a recent interview.

At the same time, Coplan announced investments from other billionaires including Figma’s Dylan Field, Zynga’s Mark Pincus, Uber’s Travis Kalanick and hedge fund manager Glenn Dubin. A longtime Red Hot Chili Peppers fan, Coplan even convinced lead singer Anthony Kiedis to invest after a mutual acquaintance brought the musician to Coplan’s apartment one day. “He's buzzing my door, and I’m like, ‘holy shit,'” Coplan recalls, his bright blue eyes widening. “I love their music. A lot of the inspiration [for my work] comes from the music that I listen to.”

Thanks to the deals, Polymarket’s valuation quickly shot to $9 billion, making the 2025 Under 30 alum the world’s youngest self-made billionaire, with an estimated 11% stake worth $1 billion. His reign was short: twenty days later, he was overtaken as the youngest by the three 22-year-old founders of AI startup Mercor.

Young entrepreneurs are minting ten-figure fortunes faster than ever. In addition to the Mercor trio and Coplan, 15 other Under 30 alumni—including ScaleAI cofounder Lucy Guo, Reddit’s Steve Huffman and Cursor’s cofounders—became billionaires this year, while Guo’s cofounder Alexandr Wang and Robinhood’s Vlad Tenev (both former Under 30 honorees) regained their billionaire status after having fallen out of the ranks.

The budding billionaire has long been fascinated by markets and tech. When he was just 14, Coplan emailed the regional Securities and Exchange Commission office to ask how to create new marketplaces. “I did not get a response, but it’s a really funny email,” he says, grinning playfully as he thinks of his younger self. “It just shows that this stuff takes over a decade of percolating in your mind.”

Two years later, Coplan showed up at the offices of internet startup Genius uninvited after multiple emails of his asking for an internship went ignored. At age 16—at least a decade younger than anyone in that office—he secured his first job after making a memorable impression with his “wild curls” and “encyclopedic knowledge of billionaire tech entrepreneurs.” “If he chooses to become a tech entrepreneur, which seems likely, I have no doubt that we’ll be seeing his name again in the press before long,” Chris Glazek, his manager at the time, wrote in Coplan’s college recommendation letter.

Coplan went on to study computer science at NYU, but dropped out in 2017 to work on various crypto projects that never took off. In 2020, he founded Polymarket to create a solution to the “rampant misinformation” he saw in the world: The company’s first market allowed users to bet on when New York City would reopen amid the pandemic. He soon expanded into elections and pop culture happenings, among other events.

But it didn’t take long for the company to butt heads with regulators. In January 2022, Polymarket paid a $1.4 million fine to the Commodity Futures Trading Commission for offering unregistered markets. It was also ordered to block all U.S. users, but activity on Polymarket skyrocketed particularly during the 2024 U.S. presidential election, with bets totaling $3.6 billion. A week after the election, the FBI raided Coplan's apartment and seized his devices as part of an investigation into a possible violation of this agreement. Shortly after, Coplan posted on his X account that he saw the raid as “a last-ditch effort” from the Biden administration “to go after companies they deem to be associated with political opponents.”

In July, the Department of Justice and CFTC dropped the investigations—after which Sprecher reached out to Coplan for dinner—and less than a week later, Polymarket announced it had acquired CFTC-licensed derivatives exchange QCX to prepare for a compliant U.S. launch. QCX applied to be a federally-registered exchange in 2022—an application that was left dormant for three years before receiving approval less than two weeks before the acquisition was announced. When asked about the timing of the deal, Coplan points to CFTC acting chairwoman Caroline Pham, who President Trump tapped to lead the agency in January. “Caroline deserves a lot of credit for getting every single license that had been paused for no reason approved, as acting chairwoman in less than a year,” he says. Coplan had realized an acquisition might be the only way for Polymarket to legally operate in the U.S. as early as 2021 due to the lengthy federal approval process, a source familiar with the deal told Forbes.

Just two months after the acquisition and days after Donald Trump Jr. joined Polymarket’s advisory board, the company received federal approval to launch in the U.S. (Trump Jr. has also served as a strategic advisor to Polymarket’s main competitor Kalshi since January.)

Polymarket’s rapid rise has drawn critics. Dennis Kelleher, co-founder and CEO of Washington-based financial advocacy group Better Markets, told Forbes in an email that the current administration’s deregulation around prediction markets has unlocked a regulatory “loophole” to enable “unregulated gambling” under the CFTC, “which has zero expertise, capacity or resources to regulate and police these markets.” Kelleher added that with backing from the Trump family “who are directly trying to profit on this new gambling den… the massive deregulation and crypto hysteria will almost certainly end badly for the American people.”

Investors and businesses are scrambling to seize the moment of deregulation. “We had opportunities to invest in events markets earlier, but there was a lot of risk,” Sprecher says, listing the regulatory changes in favor of crypto and prediction markets under the current administration. “This was the moment to invest if we wanted to still be early in the space.”

In the last few months, Trump’s Truth Social and sportsbook FanDuel, as well as cryptocurrency exchanges Crypto.com, Coinbase and Gemini all announced their own plans to offer prediction markets. Robinhood CEO Vlad Tenev said prediction markets, which were integrated into its platform in March, were helping drive record activity for the retail brokerage in its third quarter earnings call.

“People are starting to realize right now that the opportunities are endless,” says Dubin, the billionaire hedge fund veteran who invested in Polymarket earlier this year. He points to sports betting companies, which have been regulated by states as gambling activity and taxed accordingly. States like New York can tax up to 51% of sportsbooks’ revenue, but federally-regulated prediction markets can bypass state laws, avoiding taxes and operating in all 50 states. With the realization that prediction markets could upend the sports betting industry—which brought in $13.7 billion in revenue in 2024—businesses are quickly jumping on board despite pushback from state gambling regulators. In October, both Polymarket and Kalshi secured partnerships with sportsbook PrizePicks and the National Hockey League, and Polymarket announced exclusive partnerships with sportsbook DraftKings and the Ultimate Fighting Championship.

The disruption won’t be limited to sports betting. Alongside its investment, Intercontinental’s tens of thousands of institutional clients including large hedge funds and over 750 third-party providers of data will soon have access to Polymarket data, as it gets integrated into Intercontinental’s products such as indices to better inform investment decisions. It also hopes to work with Polymarket to work on initiatives around tokenization—or converting financial assets into digital tokens on blockchain technology—to allow traders on Intercontinental’s exchanges to trade more flexibly at all hours of the day, Sprecher says. What’s more, in November, Google Finance announced it would integrate Polymarket and Kalshi data into its search results, while Yahoo Finance also announced an exclusive partnership with Polymarket.

Despite flashy investors, partnerships and a record $2.4 billion of trading volume in November, Polymarket has yet to launch in the U.S. or turn a profit. Coplan and his investors have hinted at ways the company could make money one day—selling its data, charging fees to users, launching a cryptocurrency token (similar to Ethereum or Bitcoin)—but decline to confirm any specifics. For now, the only thing that’s certain is the bet Coplan is making on himself. “Going for it and having it not pan out is an infinitely better outcome than living your life as a what if,” he says.

Standing across from the New York Stock Exchange building, Coplan tilts his head up as he watches a massive banner with Polymarket’s logo get hoisted onto the exterior of the building. It’s been five years since founding. One year since the FBI raid. He’s taking it all in. “Against all odds,” the bright blue banner reads, rippling in the wind alongside three American flags protruding from the building.

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