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Indonesia blocked Polymarket after authorities classified the prediction platform as online gambling under national law.
The nationwide block aligns with restrictions in other countries, including Brazil and Argentina, as regulators increase scrutiny over whether prediction markets constitute unlicensed gambling operations.
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Chairman Tom Lee said Ethereum’s recent price decline below $2,200 was “an attractive opportunity” as Bitmine added another 111,942 ETH, worth over $235 million as of Tuesday.
With 5.39 million tokens, Bitmine is 89% complete with its plan to own 5% of Ethereum’s total supply.
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