**ICYMI**: [Asia & EMEA news recap from James Hunt at The Block](https://x.com/humanjets/status/2036452117485961412?s=20) 👇 💰 **ParaFi raises $125M fund** ParaFi Capital reportedly secured $125M for a new venture fund. 🔗 [[Link]](https://www.theblock.co/post/394785/parafi-raises-125-million) 🇦🇺 **
Security & Exploits ·
ParaFi Capital secured $125 million for a new venture fund this month. In a separate development, Resolv Labs issued a 72-hour ultimatum to the attacker behind a $25 million exploit, offering to permit the individual to retain 10 percent of the stolen funds in exchange for returning the remainder. Open interest across Hyperliquid's HIP-3 markets reached $1.74 billion, representing a 25 percent increase from the prior week.
Beyond these headline figures, prediction markets have come under heightened scrutiny. Kalshi and Polymarket rolled out new controls targeting insider trading and market manipulation as regulatory pressure from Capitol Hill intensifies. Delaware introduced bills to license stablecoin issuers and permit state-chartered banks to hold and manage digital assets in a fiduciary capacity.
The Resolv situation remains unsettled—whether the attacker will accept the bounty offer or face enforcement efforts is unknown. The broader regulatory landscape around prediction markets continues to shift, with outcomes in Congress and across states still pending.