Prediction markets like Polymarket a ‘public good,’ more accurate than polls
While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools.
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Crypto Biz: Onchain lending ramps up, driven by institutional activity
Institutional demand is driving a significant increase in onchain loans across DeFi protocols.
Eastern European victims sent $815M to Ponzis and scams in the past year
Scams make up the largest share of funds sent from Eastern Europe to illicit addresses. 174 Total views 19 Total shares Recent research has revealed that Eastern Europe remains a very high source of cybercrime activity — both from victims to scams, and from users to darknet markets — in the cryptocurrency sector.Cryptocurrency addresses based…
Booking Holdings Leaves Facebook’s Libra Association
Leading online travel company Booking Holdings has ditched the Libra Association, the governing consortium of Facebook’s proposed Libra stablecoin.Booking Holdings has thus become the latest in an array of companies that abandoned the project, leaving it with 21 founding members out of the initial 28 organizations, Bloomberg reported on Oct. 14.A promising startBooking Holdings —…
Institutional Investment in Bitcoin Futures Drops as Price Settles: CFTC
The overall institutional investment in Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) decreased this past week, according to data published by the United States Commodity Futures Trading Commission (CFTC) on April 9.The data shows that as of April 9, institutional investors and asset managers had 244 open long positions, a decrease of 71…
Elon Musk says Tesla now accepts Bitcoin from US customers
Tesla initially hinted at accepting Bitcoin for payments in an SEC filing earlier this year. 360 Total views 2 Total shares Elon Musk has announced that Tesla cars can now be purchased using Bitcoin (BTC). The electric car company’s CEO and “Technoking” said the firm would operate Bitcoin nodes directly, and would hold on to…
Disney brings back Bob Iger as CEO: Here’s the crypto connection
Since leaving The Walt Disney Company, Bob Iger has been acting as an advisor and board member for the digital avatar platform Genies. 955 Total views 48 Total shares Metaverse-backer Bob Iger has announced a surprise return to his former role as CEO of Disney, taking over from now-former CEO Bob Chapek.While Iger is most…
Bitcoin price hits $27.2K, but new analysis warns more losses ‘likely’
Bitcoin may be up 7.5% since Friday, but BTC price action is not giving everyone cause for positivity. 629 Total views 6 Total shares Bitcoin (BTC) sought to recover $27,000 into the May 14 weekly close as volatility picked up out of hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price gains over 7% in two…
Crypto use an aggravating factor for sentencing: Aussie court study
Offenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence. 191 Total views 8 Total shares Criminals that used cryptocurrency as part of committing a crime are more likely to receive a tougher sentence in Australian courts, a new study has found. The study, titled “Crime and Cryptocurrency in…