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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Terra’s UST flips BUSD to become third-largest stablecoin
UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar. 213 Total views 7 Total shares The Terra (LUNA) blockchain’s algorithmic stablecoin Terra USD (UST) has flipped Binance USD (BUSD) to become the third-largest stablecoin on the market. UST is a USD-pegged…
Ahead of Ethereum 2.0 Launch, 3 Key Metrics Point to ETH Price Surge
The Ethereum developer community is nearing the launch of Ethereum 2.0, a major multiyear milestone for the blockchain network. Ethereum 2.0 will mark the start of a shift from the miner-reliant proof-of-work consensus algorithm to a proof-of-stake algorithm. In a PoS system, miners are not needed to mine blocks and verify transactions. Instead, users —…
Kucoin agrees to ban New York residents and pay $22 million in settlement
Kucoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days. 187 Total views 3 Total shares Crypto exchange Kucoin has agreed to pay $22 million to the State of New York and to bar residents of the state from using its platform
UK crypto firms must now submit yearly financial crimes reports
Financial crimes reporting obligations are irrespective of a crypto firm’s total annual revenue. 1569 Total views 14 Total shares The United Kingdom's Financial Conduct Authority has included cryptoasset businesses under the financial crimes reporting umbrella eight months after initially announcing plans to do so.The FCA made this known via a policy statement issued on its…
Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force
The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force to develop regulations for security token offerings (STOs) and exchanges (STXs).In a Jan. 20 press release, Emurgo revealed its new cooperation with the Uzbek government and Kobea Group & Infinity Blockchain Holdings — the official Technology…
Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.
Team Finance exploited for $14.5M during protocol migration despite contract audit
Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector. 231 Total views 2 Total shares On Thursday, decentralized finance, or DeFi, lockup protocol Team Finance said over $14.5 million worth of tokens were exploited though the Uniswap V2 to V3 migration function on its platform. As told by blockchain…
USDT premiums soar on Ukraine’s Kuna exchange
The last time USDT premiums spiked so suddenly on Kuna was during the initial stages of the COVID-19 pandemic in 2020. 1289 Total views 24 Total shares Against the backdrop of an ongoing Russian invasion, the price of Tether's USDT stablecoin soared to as high as 36.97 Ukrainian hryvnia (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday.…