Polymarket clinches MoonPay payments partnership amid U.S. election betting frenzy
Polymarket now accepts most fiat payments as well as crypto purchases with PayPal, according to MoonPay.
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Venture capital’s ICO gambits left Bitcoin ecosystem underfunded – Adam Back
Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors. Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years.Blockstream CEO Adam Back highlighted the juxtaposition between…

BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in the DeFi ecosystem was filled with ups and downs, from the United States Commodity Futures Trading Commission’s (CFTC) investigation into multiple DeFi protocols to

Senator Warren seizes on fears over crypto and sanctions with new bill
If passed, Elizabeth Warren’s new draft crypto bill will require local crypto exchanges to submit “detailed records” to the Treasury Department of customers' identities and transfers to private crypto wallets. 701 Total views 5 Total shares Democratic Senator Elizabeth Warren is preparing a bill to crack down on the use of crypto as a way…

Canadian BTC exchange partners with Costa Rica’s largest fiat payment system
Bull Bitcoin forms a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local crypto wallet solution. 189 Total views 6 Total shares A non-custodial Bitcoin-only exchange with a head office in Canada, Bull Bitcoin, has formed a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin

The avaricious misanthropy of Brian Armstrong
You can tell from Brian Armstrong’s opening words that he’s a numbers guy.“There have been a lot of difficult events in the world this year,” understated the Coinbase CEO in announcing that forthwith, the largest cryptocurrency exchange in the United States would do a better job of ignoring them.According to Armstrong’s recent blog post, Coinbase’s…

Maple Finance secures SEC exemption for on-chain Treasury Pools
Launched in April, the USDC Pools were previously accessible only to non-U.S. accredited investors. 194 Total views 5 Total shares Blockchain institutional capital marketplace Maple Finance has secured an exemption from the United States Securities and Exchange Commission (SEC) to offer its one-month U.S. Treasury yields to accredited investors in the U.S.Before the Aug. 9…

Bitcoin ‘millionaires’ increased 140% as BTC price crossed $20K — data
Bitcoin (BTC) millionaires are made when the BTC price crosses $20,000, data reveals.According to on-chain analytics firm Glassnode, there are currently over 67,000 BTC wallets worth $1 million or more.$20,000 makes 50-BTC hodlers happyBitcoin is famous for its relationship with the $20,000 price tag.Prominent since becoming the all-time high of Bitcoin’s previous halving cycle, $20,000…

New York gubernatorial candidate calls for moratorium on proof-of-work mining
Politicians and activists have often targeted crypto mining operations around Seneca Lake due to the presence of Greenidge Generation's plant. 51 Total views 4 Total shares With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack…