Polymarket founder hints at potential fees in the future

A governmental committee of the Kingdom of Saudi Arabia has warned the public that trading digital currencies is illegal in the country, according to an Aug. 12 announcement by the Saudi Arabian Monetary Authority (SAMA). The warning was issued by the Standing Committee for Awareness on Dealing in Unauthorized Securities Activities in the Foreign Exchange…

During an on-stage discussion at Consensus, Brian Armstrong, CEO of major United States cryptocurrency exchange Coinbase, said that its custody service has already received $1 billion in crypto under management. Coindesk reported on Armstrong’s comments on Wednesday, May 15.Panel moderator and Wall Street Journal reporter Paul Vigna asked Armstrong about the perspectives of institutional investments…

Coinbase Pro, the professional offering of major American crypto exchange and wallet service Coinbase, has added support for EOS (EOS), Augur (REP) and Maker (MKR). The development was announced in a blog post on April 8.The post states that the platform now accepts inbound transfers of EOS, REP and MKR, and will be accepting deposits…

The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. 

A crypto-friendly legislator believes the Commission's regulation-by-enforcement approach to be ineffective. 194 Total views 17 Total shares According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets by investors who trusted Celsius, a…

A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults. 411 Total views 1 Total shares A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability.Blockchain investigator PeckShield alerted about the hack on Arcadia Finance, highlighting the…

The Republicans will have total control of the executive branch and all of Congress after the GOP was projected to keep a majority in the House. 168 Total views 1 Total shares The Republicans are projected to keep the United States House, giving the party total control of the government after taking a majority in

The first TRUMP token unlock releases $309M worth of tokens at a steep discount from its January all-time high. TRUMP tokenholders face steep losses as the first vesting unlock goes live on April 18, releasing 40 million tokens, worth roughly $309 million, into circulation at a 90% discount from its peak. The unlocked tokens account