The Future Of Institutional Crypto Runs Through Prime Brokerages

Opinion by: Dominic Lohberger, chief product officer at Sygnum.Counterparty risk in crypto markets has always moved in cycles. Exchanges default or get hacked. Standards tighten for a while. Then, complacency quietly returns as losses are forgotten. What is happening this time is different. Leading traditional finance players entering crypto must adopt practices…

Polymarket To Replace USDC.e With USDC-Backed Token In Exchange Upgrade

Prediction platform Polymarket is overhauling its exchange infrastructure in the coming weeks, introducing a new collateral token and upgraded trading system that give the platform greater control over settlement and risk as it moves toward closer alignment with US regulatory expectations.In an announcement on Monday, Polymarket said it will deploy new exchange contracts — dubbed version 2 — designed to simplify how orders are structured and matched. The upgrade is intended to make trading more…

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Wawa recalls 4 drink products over undeclared allergen

Convenience store chain Wawa is recalling certain company-branded drinks due to an undeclared milk allergen. The recall affects 16-ounce bottles of Wawa Iced Tea Lemon, Wawa Iced Tea Diet Lemon, Wawa Diet Lemonade and Wawa Fruit Punch. All four drinks are produced by the Wawa Beverage Company.Wawa said in a…