Polymarket faces backlash over TikTok ban prediction resolution
Polymarket faces backlash after resolving a TikTok ban prediction market to “Yes,” sparking user outrage over manipulation allegations and questions about its dispute resolution process.
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Former Mt. Gox CEO Karpeles Declares Innocence in Final Argument
Mark Karpeles — the former CEO of now-defunct cryptocurrency exchange Mt. Gox — has affirmed that he is not guilty in the final argument for his trial, Cointelegraph Japan reports Dec. 27.In court in Tokyo on Thursday, Karpeles apologized for not being able to avoid his exchange being hacked, but also reiterated the idea that…

DForce Hacker Attempts to Negotiate After Allegedly Leaking His Identity
The world of decentralized finance (DeFi) suffered yet another incident on April 19 as Chinese lending platform Lendf.me, part of the dForce network, was drained of almost all of its funds. The hack is shaping up to be different from others, as the hacker seems to be negotiating with the founders of the protocol.As reported by…

ProgPow Is Dead, Long Live ProgPow: Ethereum Developer Call Summary
The Ethereum (ETH) All Core Devs call to decide on the fate of ProgPow was held on March 6. Despite a tentative decision to reformulate the mining algorithm as “Ethash 2.0,” the call raised more questions than it answered.The call lasted approximately three hours, two of which were entirely dedicated to ProgPow. Several representatives of…

2020 Presidential Hopeful Swalwell Launches Crypto Donations Campaign
Eric Swalwell, a United States Democratic presidential candidate for the 2020 elections, has launched a crypto donations campaign, according to a press release shared with Cointelegraph on May 23.Swalwell, 38, announced his presidential bid on April 8. A fourth-term Member of Congress from California's Bay Area, he serves on the House Intelligence and Judiciary committees…

Tether Crosses $10B, Leaving Competing Stablecoins in the Dust
Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year. 401 Total views 10 Total shares Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time.Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto…

Billionaires pushing crypto: Mexico’s third-richest person changes Twitter bio to include Bitcoin
Elon Musk continues pumping DOGE while Ricardo Salinas Pliego sticks to Bitcoin. 2793 Total views 15 Total shares Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s third richest person, is plugging Bitcoin on social media.The billionaire with an estimated net worth of more than $13 billion as of January changed his Twitter bio…

Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K
Bitcoin (BTC) prices have recovered by more than 60% to $47,486 after bottoming out below $30,000 on July 20, triggering anticipations of an extended bull market toward $100,000. But to John Bollinger, a celebrated contributor to the field of financial analysis, investors should refrain from buying the benchmark cryptocurrency at current prices.Bollinger advised in his Tuesday tweet…

Bitcoin repeats '2016 history perfectly' amid $350K price prediction — Traders
Bitcoin's price chart is resembling that of just weeks after the 2016 halving and it could be "hovering around" a local bottom, according to crypto traders.