Weekly Crypto Roundup: Polymarket Faces New York Lawsuit, Magic Eden Addresses NFT Vulnerability

New York authorities have filed a lawsuit against the prediction market platform Polymarket, alleging the operation of an illegal gambling service without a state license. Meanwhile, NFT marketplace Magic Eden experienced a security vulnerability linked to the Limit Break Payment Processor V2. Yuga Labs executives led a white hat rescue operation, securing over 23,000 NFTs valued at more than 5.7 million dollars, though approximately 660 WETH were reportedly lost to the exploit.