Cryptocurrency Market Fluctuates Amid US-Iran Diplomacy Uncertainty

The cryptocurrency market was hit by conflicting reports about US-Iran diplomacy on Monday, causing significant fluctuations in prices. Bitcoin jumped from around $67K to above $71K within hours, but then dipped back down after Iran's Fars news agency denied the reported talks between the two countries.

Polymarket responded to the uncertainty by implementing new integrity rules aimed at preventing manipulation and insider-style bets on its DeFi platform and US exchange. The updated rules include surveillance requirements for the first time, reflecting the platform's growing importance in the industry.

MoonPay also made headlines by open-sourcing a wallet standard for AI agents, allowing them to transact across various blockchains, including EVM chains, Solana, Bitcoin, and TON. The project has received backing from over 15 contributors, including the Ethereum Foundation.