Monica Ricks

The token rose as much as 2.2 percent to just over $68,000 after Iran confirmed the death of its supreme leader yesterday.

It's now trading at about $66,000 this morning.

And six accounts on PolyMarket made around a million dollars in profit by betting on the U.S.

to strike Iran by February 28th.

That's according to analytics firm Bubble Maps.

It says those accounts were all freshly created last month and had only ever placed bets on when U.S.

strikes might happen, with some of their shares purchased just hours before the first explosions were reported in Tehran.

The pattern of bets has now raised suspicions of insider trading.

In other news today, OpenAI is defending its deal with the Pentagon.

Bloomberg's Ed Kalecki has details.

And police say the man who killed three people and injured 14 others at a bar overnight in Austin, Texas has also died.

Officers say they confronted him after arriving at the bar, returned fire and killed him.

We still don't know why the man went on that rampage.

That's news when you want it with Bloomberg News Now.

I'm Monica Ricks and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Monica Ricks.

Iran has begun 40 days of mourning now following the death of its supreme leader, Ayatollah Ali Khamenei, and has formed a council to govern and pick a new leader.

Jomana Bersetchi covers the Middle East for Bloomberg and gave us some insight on who could succeed him.

Bloomberg's Jomana Bersetchi on Bloomberg this weekend.