Polymarket removes a controversial market tied to the rescue of U.S. soldiers in Iran and could

Bitcoin crash all the way down to $10,000? You're watching Coin Desk Daily. I'm Jen Sanasi.

Polymarket is facing intense political backlash after allowing users to bet on the rescue of U.S. service members.

The prediction platform listed a contract on when the U.S. would confirm the rescue of two airmen after a fighter jet was shot down over Iran.

The crew members have since been rescued, but the listing drew criticism from lawmakers.

Congressman Seth Moulton blasted the market on X, calling it disgusting

and arguing that it reduced a life or death military rescue into a financial trade.

Polly Market has removed the market, but the controversy comes at a highly sensitive time for the

industry as congressional Democrats are actively pushing legislation to ban prediction contracts

tied to war, elections, and government

actions.

The $270 million exploit of Solana's drift protocol wasn't a quick smash and grab, but a sophisticated

six-month intelligence operation carried out by a North Korean state-affiliated group.

According to a detailed report from the drift team, the group posed as a legitimate quantitative trading firm initially making contact with the platform's developers last fall.

The attackers built deep trust over several months, depositing over a million dollars of their own capital into the ecosystem and even sending third-party intermediaries to meet drift contributors face-to-face at global crypto conferences.

The hackers then compromised developer devices using a known software vulnerability and a fake Apple test flight app.

Drift is now warning the entire industry that the traditional multi-sig security model may not be enough

if the attackers are willing to spend six months and a million dollars building a legitimate

presence inside an

ecosystem. And could Bitcoin really crash all the way back down to $10,000? Bloomberg

Intelligence's Mike McLean is reiterating his bearish forecast, but this time he's drawing a very

clear line in the sand, and that's $75,000. According to the strategist, if Bitcoin can reclaim and hold the $75,000 level,

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