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Why Are Myriad Users Betting on the Color of Fed Chair Powell’s Tie Today?

by admin September 17, 2025



In brief

  • Myriad traders are betting on whether Jerome Powell will wear a purple tie at the September FOMC press conference—odds heavily favor Yes.
  • Purple has become Powell’s signature color, signaling the Fed’s commitment to neutrality over partisan “red vs. blue” politics.
  • The quirky market highlights how prediction platforms are moving beyond rate calls to trade on symbolism and style cues.

A peculiar but revealing market is getting serious traction on Myriad: Will Fed Chair Jerome Powell wear a purple tie during the September FOMC press conference?

As of now, the crowd overwhelmingly believes yes. But it’s not just about fashion—this prediction market taps into deeper symbolism around the Fed’s public identity.

According to a recent report by Columbia Business School, Powell’s choice of a purple tie is no accident. Brett House, economist and professor at Columbia, noted that Powell’s consistent use of purple is a part of reinforcing the Federal Reserve’s image as non-political in an era of heightened polarization. 

Here’s what’s known:

When asked, Powell said purple was once just a personal preference. But over time, he began to see its utility: “Maybe not red. Maybe not blue. So I wind up wearing purple.” He saw purple as a neutral ground, signaling a lack of alignment with either side of the political spectrum. And lately, it’s become something of a signature. 

(Disclaimer: Myriad is a product of DASTAN, Decrypt’s parent company.)

He explicitly frames this aesthetic (tie color) as helping project the message that the Fed is strictly non-political—not embracing party red or blue, but purple in between. 

So when people are putting money on “Powell wears purple,” they aren’t just betting on wardrobe chance—they’re betting on consistency, signaling, and public messaging.

The Myriad market: Purple tie or not?

Here’s what the market looks like:

  • Question: Will Jerome Powell wear a purple tie during the September FOMC press conference?

  • Large sentiment says Yes. Significant volume is leaning that way. (Exact figures shift with time.)

  • Resolution rules: Must be purple or a pattern where purple is the dominant color. Shades like lavender or violet qualify; red, blue, or burgundy do not. The market typically closes shortly before the event, and official feeds/video resources will decide.

Because of Powell’s established pattern and public statements, the “Yes” side seems to carry weight beyond random guesswork.

Things that could upset the odds

  • Lighting/camera differences: A tie that looks violet on camera might register differently under stage lights, or in certain video streams.

  • Tie patterns/mixed colors: A tie with multiple colors where purple isn’t dominant could create disputes.

  • Last-minute changes: Powell could change his wardrobe plan; things like his stylist’s decisions, availability of a tie, or even mood might matter.

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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September 17, 2025 0 comments
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Battlefield 6 players on PS5 and Xbox can block PC users from crossplay, as studio takes "cheating extremely seriously
Game Reviews

Battlefield 6 players on PS5 and Xbox can block PC users from crossplay, as studio takes “cheating extremely seriously

by admin September 17, 2025


Battlefield 6 will include console-only crossplay, meaning Xbox and PlayStation players can avoid those pesky cheating PC players.

Senior console combat designer Matthew Nickerson detailed to IGN the online shooter’s crossplay options, activated with a simple on/off toggle. Turned on, console players will be prioritised before PC players fill a lobby. Turned off, and only console players will be included across both PlayStation and Xbox. The option is turned on by default.

“We’re very confident but also very keen to what crossplay means for Battlefield 6,” said Nickerson. “We’ve gone the extra mile and put in a lot of effort in terms of balancing the inputs, understanding where the inputs lie [not just] in terms of relationship to general play styles but general performance of what they’re good at and maybe what they lack.”

Battlefield 6 Official Reveal TrailerWatch on YouTube

Cheating is a major issue across online shooters, with PC players being the most likely to cheat. That’s why console players often prefer to exclude them, if possible.

Technical director Christian Buhl said Battlefield Studios is “taking cheating extremely seriously”.

“Obviously, cheating is much more prevalent on PC than on console, but we are taking a lot of effort, putting a lot of work into prioritising fighting against cheaters,” he said. “We’ve turned on secure boot. We’ve got Javelin, our new anti-cheat system, which is required in order to play.

“So, we’re doing a lot on the PC side to clamp down on cheating as much as possible. We have a whole team within Battlefield dedicated to anti-cheat, which includes engineers, analysts who are reviewing things and banning players, and figuring out what the latest cheats are. We have another whole dedicated team at EA to anti-cheat that we work closely with. That’s what I can say. Now, we can never win against cheaters, right? Cheaters will always be there. It’s a never-ending cat-and-mouse game. I can’t promise that there will be zero cheaters if you’re playing against PC players. That’s just simply not possible, but I can say that we are being extremely aggressive. We see this as critical to the success of – to the health of – the game.”

Console players also use aim assist to balance play with PC players using mouse and keyboard for increased accuracy. But aim assist has been “completely redone” from Battlefield 2042, said Nickerson.

“We’ve added aim assist for what we call our ‘combat triangle’ now – and that’s infantry versus infantry, infantry versus vehicles, and vehicles versus vehicles – to give that cohesive experience if you are on controller, compared to, maybe, something that’s a little bit easier on keyboard and mouse. So [we’re] very dedicated to crossplay, and we’re trying to nail it across multiple vectors when it comes to crossplay. It’s just such an important aspect for us and for Battlefield 6.”

It’s all part of the studio’s console-first approach. It’s this that’s led to strong optimisation across consoles.

Buhl explained to Kotaku the team struggled to get the game running on Xbox Series S due to its lack of memory, with levels crashing. As a result, the team has optimised memory usage in the game which has in turn made the “whole game better and more stable”.

Battlefield 6 will release on 10th October across PS5, Xbox Series X/S, and PC. Just don’t expect a Switch 2 release any time soon.



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September 17, 2025 0 comments
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A DHS Data Hub Exposed Sensitive Intel to Thousands of Unauthorized Users
Gaming Gear

A DHS Data Hub Exposed Sensitive Intel to Thousands of Unauthorized Users

by admin September 16, 2025


The Department of Homeland Security’s mandate to carry out domestic surveillance has been a concern for privacy advocates since the organization was first created in the wake of the September 11 attacks. Now a data leak affecting the DHS’s intelligence arm has shed light not just on how the department gathers and stores that sensitive information—including about its surveillance of Americans—but on how it once left that data exposed to thousands of government, private sector workers, and even foreign nationals who were never authorized to see it.

An internal DHS memo obtained by a Freedom of Information Act (FOIA) request and shared with WIRED reveals that from March to May of 2023, a DHS online platform used by the DHS Office of Intelligence and Analysis (I&A) to share sensitive but unclassified intelligence information and investigative leads among the DHS, FBI, the National Counterterrorism Center, local law enforcement, and intelligence fusion centers across the US was misconfigured, accidentally exposing restricted intelligence information to all users of the platform.

Access to the data, according to a DHS inquiry described in the memo, was meant to be limited to users of the Homeland Security Information Network’s intelligence section, known as HSIN-Intel. Instead it was set to grant access to “everyone,” exposing the information to HSIN’s tens of thousands of users. The unauthorized users who had access included US government workers focused on fields unrelated to intelligence or law enforcement such as disaster response, as well as private sector contractors and foreign government staff with access to HSIN.

“DHS advertises HSIN as secure and says the information it holds is sensitive, critical national security information,” says Spencer Reynolds, an attorney for the Brennan Center for Justice who obtained the memo via FOIA and shared it with WIRED. “But this incident raises questions about how seriously they take information security. Thousands and thousands of users gained access to information they were never supposed to have.”

HSIN-Intel’s data includes everything from law enforcement leads and tips to reports on foreign hacking and disinformation campaigns, to analysis of domestic protest movements. The memo about the HSIN-Intel breach specifically mentions, for instance, a report discussing “protests relating to a police training facility in Atlanta”—likely the Stop Cop City protests opposing the creation of the Atlanta Public Safety Training Center—noting that it focused on “media praising actions like throwing stones, fireworks and Molotov cocktails at police.”

In total, according to the memo about the DHS internal inquiry, 439 I&A “products” on the HSIN-Intel portion of the platform were improperly accessed 1,525 times. Of those unauthorized access instances, the report found that 518 were private sector users and another 46 were non-US citizens. The instances of foreign user accesses were “almost entirely” focused on cybersecurity information, the report notes, and 39 percent of all the improperly accessed intelligence products involved cybersecurity, such as foreign state-sponsored hacker groups and foreign targeting of government IT systems. The memo also noted that some of the unauthorized US users who viewed the information would have been eligible to have accessed the restricted information if they’d asked to be considered for authorization.

“When this coding error was discovered, I&A immediately fixed the problem and investigated any potential harm,” a DHS spokesperson told WIRED in a statement. “Following an extensive review, multiple oversight bodies determined there was no impactful or serious security breach. DHS takes all security and privacy measures seriously and is committed to ensuring its intelligence is shared with federal, state, local, tribal, territorial, and private sector partners to protect our homeland from the numerous adversarial threats we face.”



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September 16, 2025 0 comments
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Pakistan
NFT Gaming

Crypto Firms Invited To Serve 40 Million Users

by admin September 15, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Pakistan’s crypto regulator has formally invited large overseas exchanges and virtual asset service providers to apply for local licenses, opening a new chapter for the country’s crypto market.

According to PVARA, the call comes through an Expression of Interest process and it follows the passage of a new Virtual Assets Ordinance this year.

Pakistan: Expression Of Interest Launched

Based on reports, the Pakistan Virtual Asset Regulatory Authority (PVARA) is asking established crypto firms to submit EOIs if they want to operate in the country’s market.

The authority says it will accept applications from global exchanges and VASPs that meet the set rules. This move is intended to create a formal, supervised avenue for international players to serve local customers.

Eligibility And Compliance Rules

Reports have disclosed that applicants must already hold licenses in at least one recognized jurisdiction, such as the US, UK, EU, UAE or Singapore.

They are also expected to show strong anti-money laundering, counter-terrorism financing and KYC procedures as part of their submissions. PVARA has asked firms to provide company profiles, details of operations and security plans when they express interest.

As of today, the market cap of cryptocurrencies stood at $3.94 trillion. Chart: TradingView

Market Size And Numbers

Pakistan’s authorities estimate the country’s virtual-asset user base at about 40 million people, with annual trading volumes around $300 billion, figures that underline the scale of the opportunity and the challenge for regulators.

Those numbers are being cited by PVARA and several local outlets as part of the justification for bringing international exchanges into a supervised system.

Image: TechJuice

Regulatory Background And Timing

The Virtual Assets Ordinance, which set up PVARA, came into effect earlier this year and gives the new authority powers to license and oversee virtual asset activity across Pakistan.

Central bank and finance officials have said the regulations aim to align local rules with global standards advocated by groups such as the FATF. The move follows months of planning that included talks about a possible central bank digital currency pilot.

Industry observers say regulated entry could attract established exchanges and help protect consumers, while also making it harder for illicit activity to hide in unregulated channels.

At the same time, companies face compliance costs and the need to adapt to local rules. Some experts point out that passing rules is one thing; enforcing them is another.

The quality of oversight will decide whether the licensing program meets its aims.

Featured image from PlanetofHotels.com, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 15, 2025 0 comments
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Stocktwits integrates Polymarket’s prediction odds for its 10M users
NFT Gaming

Stocktwits integrates Polymarket’s prediction odds for its 10M users

by admin September 15, 2025



Stocktwits will integrate Polymarket to make its predictions accessible to its 10 million members.

Summary

  • Stocktwits partnered with the largest prediction market, Polymarket
  • The integration will bring Polymarket’s odds to 10 million Stocktwits users
  • Users will be able to see Polymarket stock price predictions on Stocktwits

Prediction markets took a major step into the mainstream. On Monday, Sept. 15, Stocktwits, the social media platform with more than 10 million retail traders, partnered with Polymarket, the world’s largest prediction market.

The collaboration will bring Polymarket’s real-time probabilities into the Stocktwits platform. Specifically, traders will be able to see the odds for major stock events, including earnings beats, alongside comments from other traders.

“Prediction markets transform uncertainty into clarity by turning big questions—like earnings—into simple, tradable outcomes with transparent pricing,” said Matthew Modabber, Chief Marketing Officer at Polymarket. “Partnering with Stocktwits allows us to put that power directly into the hands of millions of investors where they already live and engage, reshaping how markets process information.”

Polymarket and Stocktwits drive retail engagement

Both Polymarket and Stocktwits are among the more popular platforms for retail traders. Notably, Stocktwits was one of the platforms that capitalized on retail interest in GameStop and other meme stocks.

“We are living in a post real-time world where trust, community, and great signals matter more than speed,” said Howard Lindzon, Founder and CEO of Stocktwits. “Polymarket has created an entirely new way to understand news and expectations, and Stocktwits is the place where millions of investors already gather to share ideas and sentiment. Together, we can help investors cut through noise and focus on the probabilities that matter most.”

On the other hand, Polymarket attracted significant interest thanks to its coverage of political events. The platform achieved record volumes during the November 2024 elections, when traders correctly predicted the outcome.



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September 15, 2025 0 comments
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Crypto Users Face Danger From New Modstealer Malware
GameFi Guides

Crypto Users Face Danger from New ModStealer Malware

by admin September 12, 2025



While the crypto industry is going through various security breaches, ModStealer, a new infostealer malware, is targeting crypto users on macOS, Windows, and Linux systems. Experts note that this malware can steal information on crypto wallets and access credentials of users. 

According to information from 9to5mac, Apple-focused security company Mosyle found the malware, which even major antivirus engines failed to catch for almost a month after it was uploaded to VirusTotal, an online service that checks files for harmful content.

The report cites that the ModStealer is being delivered to victims through malicious job postings, specifically targeting developers. Using heavily obfuscated JavaScript files written with NodeJS, the malware remains completely undetectable by signature-based defenses. 

“The malware’s main goal is data exfiltration, with a particular focus on cryptocurrency wallets, credential files, configuration details, and certificates,” Mosyle said. The security researchers also found targeting logic for different wallets, such as extensions for Safari and Chromium-based browsers. 

Malware’s perplexing infrastructure

The security company said that the malware stays on macOS by using the system to register as a background agent. While its server seems hosted in Finland, it is believed that the infrastructure is routed through Germany to hide where the operators are from.

“For security professionals, developers, and end users alike, this serves as a stark reminder that signature-based protections alone are not enough. Continuous monitoring, behavior-based defenses, and awareness of emerging threats are essential to stay ahead of adversaries,” Mosyle warns.

On macOS, the malware stays on a victim’s Mac for a long time and is hard to find by using Apple’s own launchctl tool to install itself as a LaunchAgent. From there, it watches what people do and sends sensitive data to a server far away.

Mosyle thinks that the ModStealer fits the description of Malware-as-a-Service (MaaS). This is where people who make malware make and sell harmful packages to affiliates. This kind of business model has become more and more popular among cybercriminal gangs, especially when it comes to spreading infostealers. 

Rise in Crypto Related Hacks 

Crypto hacks have been on the rise for the past few months. PeckShield, a blockchain security firm, says that the hackers stole over $142 million in 17 attacks last month. The amount is 27.2% higher than that of $111.6 million in June 2025.

Also Read: Radiant Hacker Moves $26.7 Million in Stolen Funds to Ethereum



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September 12, 2025 0 comments
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Apple is giving iPhone 14 and 15 users another free year of satellite features
Gaming Gear

Apple is giving iPhone 14 and 15 users another free year of satellite features

by admin September 10, 2025


iPhone 14 and iPhone 15 users are getting another year of free access to satellite connectivity features, according to a footnote on Apple’s newsroom posts for the iPhone 17 and iPhone 17 Pro. “The free trial will be extended for iPhone 14 and iPhone 15 users who have activated their device in a country that supports Apple’s satellite features prior to 12 a.m. PT on September 9, 2025,” Apple says.

Apple originally launched its Emergency SOS service via satellite shortly after it released the iPhone 14 lineup, in November 2022, and at the time, Apple said the feature would be free for the first two years. (The feature is still free for two years after activation on iPhone 14 models and newer.) But in 2023, Apple added an additional free year for existing iPhone 14 users, meaning that the deadline to potentially start paying for the earliest adopters would be November 2025. Now, it appears that deadline has been bumped to November 2026.

With iOS 18 last year, Apple expanded its satellite messaging features to let you text friends or family when you’re off the grid. Today, Apple also announced that the new Apple Watch Ultra 3 will have satellite connectivity features.



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September 10, 2025 0 comments
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Ledger Cto Warns Users Amid Massive Npm Supply Chain Attack
GameFi Guides

Ledger CTO Warns Users Amid Massive NPM Supply Chain Attack

by admin September 9, 2025



Ledger’s Chief Technology Officer, Charles Guillemet, issued a strong warning on Monday, urging some users to temporarily stop on-chain transactions. The alert comes after a massive supply chain attack compromised a trusted developer’s NPM account, affecting packages that have been downloaded over 1 billion times.

“There’s a large-scale supply chain attack in progress,” Guillemet said in a post on X. “If you use a hardware wallet, pay attention to every transaction before signing and you’re safe. If you don’t, refrain from making any on-chain transactions for now.”

🚨 There’s a large-scale supply chain attack in progress: the NPM account of a reputable developer has been compromised. The affected packages have already been downloaded over 1 billion times, meaning the entire JavaScript ecosystem may be at risk.

The malicious payload works…

— Charles Guillemet (@P3b7_) September 8, 2025

How the Attack Works

Supply chain attacks target the software distribution process, not individual users. Here, hackers acquired the NPM account of a developer ‘qix’.

They allegedly inserted malicious code, which replaces cryptocurrency addresses automatically, deceiving users to send money to the attacker, rather than the receiver. This method is similar to tactics used by North Korean hackers to steal $1.5 billion from the crypto exchange Bybit earlier this year.

Crypto developers quickly noticed the attack. @0x_ultra shared that packages like Chalk, with over 2 billion weekly downloads, were compromised and could steal private keys.

The impacted developer verified the attack, saying that phishing emails that pretended to be NPM threatened to lock accounts of maintainers to tempt them to visit rogue websites. However, at the time of reporting, the attacker only managed to steal $498.

What Users Should Do

The compromised packages were reportedly patched around 15:15 UTC. However, websites and apps that updated dependencies recently might still be at risk. 

Further, Uniswap, Metamask, Ledger, OKX Wallet, Sui, Aave and Morpho have stated that they were “not affected” by the NPM supply chain attack.

Guillemet also reassured users that those using hardware wallets with clear signing are safe. Developers are encouraged to verify all the dependencies and make sure that they are not using the compromised versions.

This attack is being described as possibly the biggest supply chain attack in history, and it is a reminder of the increasing risks in the software ecosystem and the role of security in crypto transactions.

Also Read: SwissBorg Crypto Platform Loses $41M Solana in Major Security Breach





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September 9, 2025 0 comments
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(foco44/Pixabay)
GameFi Guides

If They Can Do it to Sun, Who’s Next?’ Say Insiders as WLFI Claims Freeze Was to ‘Protect Users’

by admin September 6, 2025



World Liberty Financial (WLFI) is defending its decision to freeze hundreds of wallets, including Tron found Justin Sun’s, saying the move was meant to protect users from phishing-related compromises, not to stifle normal trading.

“WLFI only intervenes to protect users, never to silence normal activity,” the project wrote on X.

We’ve heard community concerns about recent wallet blacklists. Transparency first: WLFI only intervenes to protect users, never to silence normal activity. 🦅

— WLFI (@worldlibertyfi) September 5, 2025

WLFI said earlier this week that 272 wallets were blacklisted, with approximately 215 of those linked to a phishing attack and 150 compromised through support channels.

Justin Sun’s WLFI address was frozen on Friday, following several small “dispersion test” transfers between his own wallets after claiming unlocked tokens at launch, none of which were sales.

The outbound transfers from Sun-tagged wallets made it appear that the big-name WLFI investor was selling his tokens, but onchain data paints a different picture.

In a post on X, Nansen founder Alex Svanevik pointed out that Sun’s transfers didn’t match the timeline of WLFI’s token decline.

Nansen data shows Justin Sun transferred 50 million WLFI worth about $9.2 million on Sept. 4 at 09:18 UTC — three to five hours after the token’s steepest drop — meaning the transfer followed the crash rather than caused it.

Onchain data from Nansen shows a $12 million WLFI transfer from HTX to Binance by a third-party market maker.

The tokens were borrowed using HTX’s own capital as part of a routine rebalance, but the move came after WLFI’s sharpest declines and was too small to have moved the market, considering WLFI has a daily trading volume of over $700 million.

Once deposited on Binance, it is impossible to determine whether the tokens were sold or simply held.

Market participants instead point to broad shorting and dumping of WLFI through market makers and trading desks across several exchanges as the real driver of the crash.

Onchain records back this view: a transfer from BitGo to Flowdesk flagged by Nansen, coincided with the start of WLFI’s slide and has become a key datapoint in explaining the sell-off.

Meanwhile, WLFI’s decision to freeze funds linked to the crash set off nervous chatter among whales, market makers, and other trading desks that their tokens could be frozen by literal fiat.

“If they can do it to Sun, who’s next?” is how a person familiar with conversations among large market participants paraphrased it when speaking to CoinDesk.

WLFI is currently trading for $0.18, according to CoinGecko. It’s down 40% since listing.





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September 6, 2025 0 comments
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As controversies mount, Roblox announces heavy investment in AI and boasts astronomically high daily active users
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As controversies mount, Roblox announces heavy investment in AI and boasts astronomically high daily active users

by admin September 5, 2025


Roblox is investing heavily in AI to assist users with game development, while also increasing the amount of money they can earn.

The news comes as part of the Roblox Developers Conference, where the platform also unveiled its new TikTok-style Moments feed of short-form videos taken directly from Roblox games.

Roblox now boasts an average of over 111.8 million daily active users and 390 billion visits to its games. Last month Roblox had a record-breaking 45 million concurrent users – higher than Steam – and over the past year, creators have earned over $1bn.

Roblox is now rewarding its creators with an increase to its DevEx rate – essentially the exchange rate from Robux to real cash. This has now risen by 8.5 percent, meaning 100,000 Robux equals $380.

AI is also a major way Roblox is enabling smaller teams to develop games on the platform. “To achieve our mission of connecting a billion people, we need creators around the world building at massive scale,” the company said. It believes the majority of the top 1000 in-platform games were built by teams of, on average, fewer than 10 people.

In total, Roblox has 400 AI models in production. Its star product is 4D Objects, which it believes will overhaul UGC. Users will be able to create fully interactive scripted assets by a simple text prompt – for instance, generating a fully drivable and customised car.

Other AI products include text-to-speech and speech-to-text APIs, allowing creators to add dialogue to characters or command NPCs, and real-time voice chat translation (starting with English, Spanish, French, and German).

Roblox’s other major development is its Moments feed. This will allow users to capture and edit short clips from games and share to a scrollable feed. Roblox hopes this will aid discovery on the platform, with users able to jump straight into a game from these videos. It will soon be available in specific countries in beta form (but not the UK or Australia).

Image credit: Roblox

“For years, our users have been doing this off-platform, creating a massive presence with Roblox-related content garnering over 1 trillion video views on YouTube,” the company said. It’s understandable it would want to keep this engagement on the platform. It also follows the likes of Twitch, which similarly updated its mobile app with a Discovery Feed of clips – it’s clear the dominance of TikTok on social media is impacting many gaming platforms.

These developer updates from Roblox follow continued efforts from the company to improve safety, with Roblox expanding its age estimation requirement to all users of the platform who access its communication features by the end of the year.

These safety efforts follow years of concern, with multiple reports accusing Roblox of being unsafe for children.

Last month, Roblox responded to a lawsuit accusing the company of failing to protect children. “Any assertion that Roblox would intentionally put our users at risk of exploitation is simply untrue,” it wrote. “No system is perfect and bad actors adapt to evade detection, including efforts to take users to other platforms, where safety standards and moderation practices may differ. We continuously work to block those efforts and to enhance our moderation approaches to promote a safe and enjoyable environment for all users.”



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September 5, 2025 0 comments
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