‘Explosion’ in election gambling will harm public interest: CFTC
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”
Related Posts
$750M in locked crypto tokens to be released by December
DYdX, Optimism, 1inch and Aptos are expected to release over $750 million in locked tokens by December, according to data tracker Token Unlocks. 217 Total views 1 Total shares Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets in December.Among the projects releasing locked tokens, the decentralized
Bitcoin could become the foundation of DeFi with more single-sided liquidity pools
For many years, Ethereum reigned supreme over the decentralized finance (DeFi) landscape, with the blockchain serving as the destination of choice for many of the most innovative projects serving up their take on decentralized finance. More recently, however, DeFi projects have started to crop up across multiple ecosystems, challenging Ethereum’s hegemony. And, as we look…
Bitcoin averaging 200% gains per year proves it’s ‘eating the world’ — Raoul Pal
Bitcoin (BTC) is “eating the world” thanks to ten-year returns of over 6,200,000% and annualized returns of roughly 200% per year, investment strategist Raoul Pal has said.In a tweet on Dec. 15, Pal revisited his oft-quoted phrase as new data showed the extent of Bitcoin’s outperformance of major assets.Bitcoin record profits laid bareAs noted by…
Circle announces USDC launch for Cosmos via Noble network
The stablecoin will be launched on the Noble network, making it available to all 50-plus Cosmos IBC blockchains. 346 Total views 1 Total shares Own this piece of history Collect this article as an NFTUSD Coin (USDC) will soon be available in the Cosmos ecosystem via the Noble network (STAKE), according to a blog post…
The Stablecoins Movement — Toward Stability in Crypto Assets
Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the first wave of crypto assets — of which Bitcoin is the most popular — is failing as a reliable means of payment or store of value…
CEO says PayPal’s crypto commerce may reach $200M volume in just months
As the price of Bitcoin continues to reach new all-time highs, major corporations with existing crypto offerings in place are beginning to discuss grand plans for the future. Most recently, Dan Schulman, CEO of PayPal, hinted at future developments for PayPal’s crypto offering during Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate,” an online event that…
$12M Wheat Trade Between U.S. and Indonesia Settled on Blockchain
International agriculture giants, Agrocorp and Cargill, have traded $12 million worth of wheat from North America to Indonesia via the blockchain. The transaction was made via the Singapore-based blockchain platform dltledgers, which is based on Hyperledger Fabric. International cooperative bank Rabobank, ship owner Amarante, and shipping agent Transmarine, also partnered in the transaction.The trade settled on April…
NFTs for freedom: Nonfungible tokens and the right to self-determination
It seems that everyone — from corporate behemoths like Visa and Anheuser-Busch to socialite Paris Hilton and NBA legends Michael Jordan and Kevin Durant — has recognized the growing importance of nonfungible tokens (NFTs) for the 21st-century economy.World-renowned artists, athletes and musicians have been cashing in on the craze, lending legitimacy to this new use…