Polymarket's vision 'still isn't' to be a political website, says founder
The founder of Polymarket claims that the platform “is not about politics” as it takes “center stage” in the lead up to the United States presidential election.
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Blockchain tech is helping to reduce the impact of deforestation in Brazil
The move is intended to prevent “laundering” cattle from sanctioned farms. Major meat processing company JBS S.A., has repeatedly come under fire for allegedly contributing to the illegal deforestation of the Amazon rainforest. They are now using blockchain technology to create a unique solution to the problem.According to a Sept. 23 report from Reuters, JBS…
Former Bithumb Chairman faces eight-year imprisonment
According to prosecutors, Lee Jeong-hoon intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations. Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might be facing an eight-year prison sentence in the appeal whose verdict is scheduled
Bitcoin a Hedge Against Elon Musk Mining Asteroid Gold, Say Winklevoss Twins
The Winklevoss Twins apparently think that space mining is just around the corner. The Winklevoss Twins suggested that Bitcoin (BTC) is a better investment than gold because the metal’s supply will increase after Elon Musk starts mining asteroids.In an interview with internet personality and Barstool Sports founder David Portnoy, the Winklevoss Twins claimed that Bitcoin…
Former Ava Labs exec reveals ‘Commonware’ crypto primitives framework
According to software developer Patrick O’Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.
Kraken Buys UK Exchange Crypto Facilities for at Least $100 Million
United States cryptocurrency exchange Kraken has acquired United Kingdom-based cryptocurrency exchange and futures provider Crypto Facilities, the company confirmed in a press release Feb. 4.Crypto Facilities, which began operating in 2015, is fully regulated by the U.K.’s Financial Conduct Authority, giving Kraken a major foothold in the European market.The parties declined to reveal the exact…
CBOE to launch BTC, ETH margin futures trading in January with 11 firms supporting
The new trading capability comes simultaneously with a surge in interest in crypto financial products in the United States. 194 Total views 2 Total shares Cboe Digital has announced the launch date of Bitcoin (BTC) and Ether (ETH) margin futures trading – Jan. 11, 2024. The regulated crypto-native exchange and clearinghouse will become the first
How crypto donations are helping victims of the Texas winter storm
There is a running gag among many Texans that anytime someone drops a cup filled with ice, it’s enough of a reason to cancel school — major winter storms are so rare that authorities don’t often have the means to clear and salt icy streets. However, what happened last month in the Lone Star State was…
US Crypto Exchange Coinbase Launches Paypal Withdrawals Support for EU Users
Major United States crypto exchange and wallet provider Coinbase is launching support for European Union residents to make fiat currency withdrawals to online payment system PayPal. The development was announced in an official blog post published on Feb. 5.As reported, Coinbase had first rolled out PayPal withdrawal support for U.S. users last month. The European…