Snippings

Polymarket is enticing users to provide identifying information by offering them faster trading speeds. Earlier this month, it rolled out an online portal where individual customers can submit information including passports, licenses and proof of residence. Submitting the information isn’t mandatory. But customers who complete the forms can access Polymarket’s U.K.-based server, which offers the fastest trading speeds, giving them an advantage of milliseconds over other users. Those milliseconds make a difference for the key subset of their customers who drive significant levels of high-speed, automated trading volume. A difference of milliseconds can make or break some trading strategies.

It’s almost as if identity is the new… well, you know.

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Reid Hoffman, a LinkedIn co-founder and partner at venture firm Greylock Partners, mostly uses his digital twin, Reid AI, for public appearances and media interviews. The system—trained on 22 years of Hoffman’s books, speeches, podcasts and articles—has delivered more than 75 addresses and presentations since its 2024 launch.

From: Employ an AI Twin to Handle Your Piles of Busy Work – WSJ.

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In response to customer complaints, senior Polymarket engineer Mustafa Aljadery said in a post on X that the KYC checks targeted customers accessing Polymarket’s application programming interface “in certain jurisdictions” and that Polymarket “remains kyc free for all other users.”

But if Polymarket doesn’t start enforcing its policy on prohibited jurisdictions, it risks regulatory action. Regulators in the Netherlands and other countries have already threatened it with penalties if it continues to provide an illegal gambling platform to their residents.

From: Polymarket Wants Traders to ID Themselves as It Faces Sanctions, Legal Risks — The Information.

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The firm is letting users open a dedicated agentic trading account, separate from the rest of their portfolio, meaning the agent only has access to the funds deposit into its account.

Users get push notifications any time the agent makes a trade and can see a real-time activity feed and P&L directly in the Robinhood apps. The agent can be disconnected at any time with the tap of a button.

Customers can also empower agents to spend on their behalf by connecting them to Robinhood Banking’s MCP server. During setup, users connect the agent to a dedicated virtual Robinhood Gold Card, set a specific spending limit that only they control and choose whether to require manual approvals or not.

From: Robinhood customers can now let AI agents make trades and credit card purchases.

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senior Polymarket engineer Mustafa Aljadery said in a post on X that the KYC checks targeted customers accessing Polymarket’s application programming interface “in certain jurisdictions” and that Polymarket “remains kyc free for all other users.”

From: Polymarket Wants Traders to ID Themselves as It Faces Sanctions, Legal Risks — The Information.

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Top UK law firm Pinsent Masons has been admonished by London’s High Court after its lawyers made false submissions to a judge based on AI, the latest high-profile mistake resulting from the industry’s increasing use of the technology.

Pinsent Masons misled the court twice by inaccurately citing a statute in relation to a routine insolvency application, an error that was only picked up when the judge queried the reference. Judge Mark Mullen said in his ruling that work pressure did not excuse a “failure to check the accuracy of the material”.

The submissions were made by a junior lawyer, referred to as “LA” in Mullen’s judgment, with oversight from a senior associate and partner. In their witness statements, the supervisors said that they were not aware that the junior lawyer had used AI.

From: UK law firm Pinsent Masons reprimanded by court over AI error.

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Scams using AI generate an average of $3.2 million per operation, compared to $719,000 for those that don’t, according to crypto monitoring firm Chainalysis’ 2026 Crypto Crime Report. That nearly fivefold increase in revenue per scam is driven by AI’s ability to automate impersonation — a tactic that saw 1,400% growth this year, according to the company.

From: AI agents help uncover crypto crime | American Banker.

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Founded by Circle co-founder Sean Neville, Catena is a banking and governance platform for AI agents, providing them with programmable financial infrastructure covering accounts, payments, stablecoin rails across ten chains, and yield on idle balances, accessed through an MCP server, a REST API, or a command line.

As it opens up private access to its platform, the firm has revealed that it has raised $30 million in a round co-led by a16z crypto and Acrew, with participation from Breyer Capital, General Catalyst, QED, Oak, Fin, and IDG Capital.

The money – which brings total financing to $48 million – will be used to build the platform, earn the licences, and hire the people required to serve agents and their operators.

Meanwhile, the Office of the Comptroller of the Currency has accepted for filing Catena’s application for a National Trust Bank charter.

From: Circle co-founder raises $30m for agentic finance startup Catena.

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The GitHub repository, reportedly named “Private-CISA,” was public until this past weekend, according to KrebsOnSecurity.
It was tied to Nightwing, which reportedly was working with CISA and contained cloud keys, authentication tokens, plaintext passwords, internal documentation, deployment logs, and files that described how the agency builds, tests, and deploys software.

From: GitHub leak exposed CISA, DHS GovCloud keys, internal credentials | Biometric Update.

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Circle’s agent tools include Circle CLI, a command interface that lets developers and potentially AI agents build applications on top of Circle’s platform suite, with a focus on wallets, payments and policy management for agents. The other products include: Nanopayments, a protocol that supports USDC transfers designed for large volumes of machine-to-machine payments; Agent Wallets, which are designed for AI agents to hold, send, and manage funds autonomously within predefined guardrails; and Agent Marketplace, a directory of agentic services that both humans and AI agents can browse and integrate to enable agents to discover and pay for services programmatically.

From: How USDC issuer Circle is embracing agentic commerce | American Banker.

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