In recent crypto news, the CFTC granted Polymarket relief on event contract reporting rules, allowing them to operate without facing enforcement actions regarding swap data requirements. This decision represents a significant step for the prediction platform. Meanwhile, decentralized finance (DeFi) lending is experiencing remarkable growth, with total value locked (TVL) increasing by 72% year-to-date, reaching over $127 billion. This surge is attributed to a rise in institutional interest in stablecoins and tokenized assets. Furthermore, Joseph Chalom, co-CEO of Sharplink Gaming, warned that firms chasing yield from their Ethereum holdings may face significant risks, comparing their strategies to traditional finance where seeking higher yields often entails greater risk. He emphasized the importance of prudent risk management, especially as the crypto treasury landscape expands. Sharplink Gaming is one of the largest public holders of ETH, highlighting its commitment to the Ethereum ecosystem.

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