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Huge Regulation Effort for Prediction Markets: Vanderbilt's Yadav

Conflict-related betting on prediction markets hit a record last week as traders piled into wagers on the US-Israeli strikes on Iran, while blockchain analysts flagged suspicious activity and lawmakers called for a crackdown. Yesha Yadav, professor of law and associate dean at Vanderbilt Law School, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto," to discuss the need for regulatory prediction market guardrails in the US.

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Bloomberg

Pantera's Morehead discusses Crypto Prices, Firm's Investments

Bitcoin edged lower, surrendering a short-lived rally past $70,000, as a broader selloff in risk assets deepened amid mounting fears that the Iran war will continue to escalate. Dan Morehead, founder & managing partner at Pantera Capital, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto" to discuss volatility in digital assets and Pantera's investments.

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Bloomberg

Oil Surges as Impact of War on Middle East Energy Assets Deepens

Oil surged for a second day as the US and Israel stepped up their war against Iran, with the sprawling conflict's impact on energy assets in the Persian Gulf deepening. US oil futures surged as much as 9.5% after Iraq cut output at the giant Rumaila oil field and appears poised to shutter about 3 million barrels a day of output if the crisis persists, according to people familiar. Storage at the fields has been tightened because of disruptions in the Strait of Hormuz, a key shipping route, underscoring how export bottlenecks are translating into tangible supply losses.  Bloomberg's Vincent Piazza joins to discuss.

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