Summary:

Historic wildfires have engulfed the greater LA area in southern California, burning over 15,000 acres and forcing over 100,000 residents to evacuate. Multiple crypto companies and community members have been affected, with some losing their homes and cryptocurrency hardware wallets. Polymarket is even accepting bets on the outcome of the wildfires. While some crypto companies, such as Crypto.com Arena, have been spared from the flames, others, like BlockDaemon and SuperVerse, are located in the affected areas. Fire departments are facing challenges in combating the blazes, and real estate insurance companies anticipate significant losses.



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