Kalshi election betting contracts multiply after court win

Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares. 89 Total views 11 Total shares Cryptocurrency exchange CoinFlex announced a structuring proposal in response to user feedback following the platform experiencing liquidity issues.In a Wednesday blog…

The United States equities markets welcomed the debt ceiling deal and the May nonfarm payrolls data on June 2 with strong rallies. The S&P 500 rose 1.8% during the week while the tech-heavy Nasdaq was up 2%. This was the sixth successive week of gains for the Nasdaq, the first such occasion since January 2020.In…

The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.

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…

Bill Barhydt, CEO of crypto wallet provider and payment startup Abra, believes that consumer cross-border payments and remittance services at scale continue to be a struggle for many crypto firms. Barhydt made his remarks during an interview with blockchain news source Breaker Mag on Jan. 30.As Barhydt outlined, Abra — which counts around 500,000 users…

A crypto lawyer believes the Mango Markets exploiter Avraham Eisenberg could still face consequences despite users supposedly agreeing not to pursue legal action. 173 Total views 5 Total shares The $117 million Mango Markets exploiter has defended that their actions were ‘legal,’ but a lawyer suggests that they could still face consequences. Self-described digital art…

After a major leak of email and personal information earlier this year, Ledger customers are experiencing a surge in phishing attempts. 3309 Total views 26 Total shares Phishing attempts and scams against Ledger wallet owners are on the increase with one such scam netting more than 1,150,000 XRP from its victims. The scam used a…

Ethereum's transition to proof-of-stake could be a boon for the price of Ethereum Classic. 484 Total views 60 Total shares Ethereum Classic (ETC) has been outperforming its arch-rival Ethereum's native token Ether (ETH) during the current crypto market rebound with the ETC/ETH pairs at 10-month highs.Why is ETC beating ETH?ETC's price has risen to $27…