Election betting market Kalshi to take USDC deposits
Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead.
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Portal partner with Polygon to advance DeFi on Bitcoin
Polygon’s scaling solution hosts in excess of 400 decentralized applications across a 1.5 million user base. 507 Total views 12 Total shares Decentralized exchange, or DEX, and self-custody wallet platform, Portal, has announced a strategic partnership agreement with layer-2 blockchain network, Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market.Portal currently offers…

The NFT bubble may have popped, but the sector is still primed for expansion
NFT sales and active wallets fell by more than 40% in the past month but new layer-2 infrastructure is preparing the sector for the next surge. 1643 Total views 2 Total shares Nonfungible tokens (NFTs) took the world by storm in March and April of this year with an onslaught of daily headlines about record-breaking…

Mark Cuban counters Elon Musk, says Mavs will continue to accept Bitcoin
The Dallas Mavericks owner contends that Bitcoin replacing the legacy financial system will be a net positive for society and the environment. 6867 Total views 59 Total shares Billionaire investor Mark Cuban will not be following in Tesla CEO Elon Musk’s footsteps in withdrawing support for Bitcoin (BTC) payment.Tweeting in response to Musk on Wednesday,…

China: Beijing Financial Authority Warns Against ‘Illegal’ Security Token Offerings
The director general of the Beijing Municipal Bureau of Financial Work has warned that Security Token Offering (STOs) fundraising is “illegal” activity, independent Beijing-based media outlet Caijing reported on Dec.1.The Beijing Municipal Bureau of Financial Work had hosted a "2018 Global Wealth Management Forum" on Dec. 1 where Huo Xuewen, the Beijing financial watchdog’s director,…

Caitlyn Jenner faces lawsuit from JENNER memecoin buyers
A group of JENNER memecoin buyers sued Caitlyn Jenner, claiming she made “false and misleading statements” about the token, which they allege is an unregistered security.

Has Telegram violated EU laws, and why has its founder been charged in France?
As Telegram CEO and founder Pavel Durov is now released on a $5.6 million bail, France, as an EU member state, continues working on the case.

Grayscale lawyers refer to SEC allowing Volatility Shares’ investment vehicle in push for ETF
According to Grayscale, the Volatility Shares ETF was an “even riskier" product than Bitcoin futures ETFs, suggesting the SEC should allow its spot crypto ETF to begin trading. Digital asset manager Grayscale has filed a letter in its lawsuit against the United States Securities and Exchange Commission (SEC) over the rejection of a spot Bitcoin…

Hive Expands Ether Mining by 20%, Not Worried by Proof-of-Stake
Cryptocurrency mining company Hive Blockchain Technologies announced a two-phase plan to expand its Ether (ETH) mining operations at the company’s flagship GPU-based facility in Sweden by more than 20%.In a press release, Hive describes the current moment as “an opportune time” to expand its ETH mining capacity. Hive’s Swedish facility is hydro-powered, and including hardware,…