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Here’s what happened in crypto today

Singapore blocked Polymarket, citing unlicensed gambling, under its Gambling Control Act, with fines and jail penalties for violations. The Gambling Regulatory Authority (GRA) now oversees all gambling in Singapore. In New York, Attorney General Letitia James sued to recover over $2.2 million in crypto stolen via fake job scams promising flexible work. Victims were tricked into depositing funds to review products but never received compensation. Litecoin’s X account was hacked to promote a fake token, but control was restored. The Litecoin team continues to investigate the breach, reflecting ongoing cybersecurity challenges in the crypto industry.