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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Fortnite Meets Bitcoin Lightning Network in New ‘Lightnite’ Video Game
Bitcoin-enabled (BTC) games startup Satoshis Games announced the development of a Fortnite-like game with built-in Lightning Network microtransactions dubbed Lightnite on Oct. 19.Shoot to earn BitcoinPer the announcement, all in-game interactions between players trigger a monetary reward or penalty for the user. Satoshis Games provides some examples:“In simple words, players earn Bitcoin by shooting other…

UK Central Bank Deputy Governor Dave Ramsden: Crypto Is Not a Store of Value
Dave Ramsden, deputy governor of the United Kingdom’s central bank, has said that crypto assets are too volatile to be a store of value. Ramsden made his comments in an interview with CNBC published on April 30.Bank of England (BOE) deputy governor Ramsden noted that over a year ago, the U.K.’s Financial Policy Committee (FPC)…

UK must loosen KYC demands for crypto to outpace US in Web3 — Think tank
Policy Exchange published its report on Web3 containing 10 proposals for the U.K. government. 379 Total views 6 Total shares The United Kingdom has an opportunity to capitalize on the departure of Web3 firms leaving the United States due to regulatory uncertainty. But to achieve that, the U.K. will need to follow its own regulatory

Litecoin Price Hits $100 as Miner Block Rewards Get Halved
All eyes were on Litecoin (LTC) price August 5 as its block reward halving failed to excite markets and produce considerable gains for investors.Litecoin 7-day price chart. Source: Coin360LTC gains fail to materializeData from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $104 Monday, a few hours after the…

OpenAI faces Canadian privacy probe alleging personal info harvesting
Canada's Head Privacy Commissioner is investigating the AI firm and watchdogs in Germany, France, Ireland and Spain could be mulling similar action. 81 Total views 1 Total shares Own this piece of history Collect this article as an NFTOpenAI, the creators of artificial intelligence (AI) chatbot ChatGPT, is under investigation by Canada’s privacy commissioner for…

Ethereum’s favorable risk-return ratio has traders ‘insanely bullish’ on ETH price
One altcoin trader says Ethereum’s long-term chart looks “insanely bullish” with a very favorable risk-reward ratio.

Gemini, Chainalysis and 11 others join Crypto Market Integrity Coalition
The cryptocurrency industry is responding to the best-practices advocacy group’s call for a fair, stable and regulated market. 300 Total views 4 Total shares The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide, announced 13 new members have joined. The group is centered around…

Latest ‘Satoshi’ reveal turns into a debacle: Meet Stephen Mollah
Stephen Mollah is the latest to claim he invented Bitcoin, and a London event to show proof of the claim was reportedly “hilarious and heart-breaking.”