Only 12.7% of crypto wallets report profits on Polymarket
Only 12.7% of Polymarket users have made a profit in prediction markets, with the majority earning less than $100, according to onchain data.
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Deutsche Borse, Swisscom and Sygnum Partner to Create Compliant Digital Asset Ecosystem
Global market infrastructure provider Deutsche Borse Group, Swiss state-owned telecoms and ICT firm Swisscom, and Swiss and Singapore-based fintech company Sygnum have entered into a strategic partnership to build out a compliant financial market infrastructure for digital assets. The development was announced in a joint press release published on March 11.The new initiative will reportedly…
MetaMask will start collecting user IP addresses
The popular browser wallet has over 21 million monthly active users. 338 Total views 2 Total shares According to a revised privacy policy agreement published by ConsenSys on Nov. 23, MetaMask will begin collecting users' IP addresses and Ethereum wallet addresses during on-chain transactions.However, ConsenSys, the wallet's creator, explains that the collection of users' data…
Blockchain Capital Leads Funding Round for Crypto Compliance Startup TRM
United States-based investment firm Blockchain Capital has led a seed funding round for blockchain compliance startup TRM, a press release from the firm reveals Jan. 31.TRM announced today that it had a closed a funding round totalling $1.7 million. Tapas Capital, Green D Ventures, The MBA Fund, and “strategic angel investors” also participated in the…
Indonesia to conduct blockchain trials for public services
Tuhu Nugraha, who works with the Indonesian government, said that the country will soon conduct trials on applying blockchain technology in public service use cases. Following the launch of its government-backed crypto exchange, the Southeast Asian country of Indonesia is becoming a budding crypto hub that aims to be one of the leaders in Web3
Price analysis 7/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
The United States equity markets have witnessed a solid year so far. The Nasdaq Composite has soared 31.7%, its best first-half performance since 1983. Similarly, the S&P 500 Index’s (SPX) 15.9% gain is its best first half since 2019. This suggests that risky assets remain in demand.In the cryptocurrency markets, Bitcoin (BTC) has led the…
Alleged Mango Markets exploiter waives bail during hearing in federal court
A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14. 272 Total views 29 Total shares Own this piece of history Collect this article as an NFTLawyers representing a crypto user allegedly behind a $116-million exploit of decentralized exchange Mango Markets have consented to detention in…
Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
The S&P 500 index has declined about 5% this week while the Nasdaq Composite is down more than 5.5%. Investors fear that the Federal Reserve’s aggressive rate hikes could cause an economic downturn. The yield curve between the two-year and 10-year Treasury notes, which is watched closely by analysts for predicting a recession, has inverted…
Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures
Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly arbitrary account closures.The news was reported by local media agency Punch on April 7.According to the report, the Nigerian non-profit organization United Global Resolve for Peace (UGRP) filed a petition on…