Kamala Harris leading in 4 of 6 swing states on Polymarket
According to the current Polymarket odds, 77% of participants believe Vice President Kamala Harris is favored to win the popular vote.
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In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. 839 Total views 17 Total shares The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO, Jesse Powell retweeted that Kraken will close…
ARK and 21Shares drop staking plans from Ethereum ETF proposal
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Major Ethereum gas fee overhaul EIP-1559 scheduled for July
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled. 1482 Total views 8 Total shares A hotly awaited upgrade to the Ethereum network that may result in ETH becoming a deflationary asset is now scheduled for the “London” hard fork in July. Ethereum lead developer Tim Beiko previously…
Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter. 355 Total views 32 Total shares Canadian cryptocurrency miner Hut 8 posted mixed financial results on Thursday, as revenue and mining profitability soared while overall net income declined — underscoring a volatile end to the year…
An online future for finance is inevitable, says OCC’s Brooks
Brooks considers the migration of the financial system onto the internet "inevitable." 1848 Total views 9 Total shares The departing leader of the United States Office of the Comptroller of the Currency is convinced that the future of finance is blockchain-native, per a conversation with crypto analytics firm Elliptic on Wednesday.Described by Elliptic CEO Simone…
Report: Venezuela Converts Pension Bonuses into State-Issued Crypto Petro
Venezuela has automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro (PTR), according to a report from English-language politics blog Caracas Chronicles Dec. 12.First launched as a pre-sale in February, the controversial Petro has been in circulation as one of Venezuela’s two official currencies as of August 20: the second…
Indian Banks Consider Promoting Blockchain Tech Use for Payments
The National Payments Corporation of India (NPCI) is considering implementing blockchain technology to increase the strength of digital transactions, Indian business magazine Business Today reports on April 14.The initiative of ten banks, under the aegis of the Indian Banks’ Association (IBA), aims to improve the NPCI by implementing distributed ledger technology, the publication underlines.The NPCI,…
Funding rates hit 6-month high before CPI — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of November battling some familiar FUD — how will BTC price action react?The largest cryptocurrency managed a weekly close just below $21,000 on Nov. 6 — an impressive multi-week high — but remains fixed in a sticky trading range.Despite seeing highs of nearly $21,500 over the past week, there…