Prediction markets rise 565% in Q3, fueled by US elections
Decentralized prediction markets could offer more accurate predictions for the US elections than traditional polling systems, according to Elon Musk.
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South Korea saw over $4B in unregistered crypto transactions in 2022
The money was aimed primarily at buying foreign crypto assets with the intention of selling them on the domestic market. 29 Total views 1 Total shares Own this piece of history Collect this article as an NFTIn 2022, the citizens of South Korea transacted $4.3 billion (5.6 trillion Korean won) through 'illegal' crypto exchanges, according…
Binance-owned Trust Wallet adds buy option via Binance Connect
Binance's self-custodial crypto wallet Trust Wallet aims to enable buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity. 517 Total views 5 Total shares Trust Wallet, a major self-custodial cryptocurrency wallet owned by the Binance crypto exchange, has completed a significant integration to enable easier crypto purchases.The…
Chainlink Verifiable Random Function v2 goes live on mainnet
Chainlink VRF v1 had previously crossed 3 million request transactions from NFT projects and blockchain games. On Wednesday, blockchain oracle solution Chainlink (LINK) announced the release of Chainlink Verifiable Random Function, or VRF, v2. As told by its developers, the new, improved version of the random number generator can reduce transaction fees by 60% compared…
Ripple and Mercado Bitcoin to launch crypto-enabled payments in Brazil
Mercado Bitcoin, one of the largest crypto exchanges in Latin America and a partner of Mastercard, is working with Ripple on crypto-enabled international payments.
Senate hearing on stablecoins: Compliance anxiety and Republican pushback
On Dec. 14, the United States Senate Banking, Housing and Urban Affairs Committee held a hearing titled “Stablecoins: How Do They Work, How Are They Used, and What Are Their Risks?” The testimonies, both spoken and written, focused largely on the last two issues, as anxieties over Know Your Customer compliance and the U.S. dollar…
Bitcoin 2020 — Blockchain’s New Year Resolutions
Most of us believe in the “New Year — New Me” rhetoric”: I'm going to lose weight, quit smoking, eat healthy, stop being lazy, spend more time with family and whatnot. Yet, losing weight usually only turns into losing motivation instead.But then, it doesn't really make sense to laugh at our absurdities, as we humans…
FTX customer seeks help after mistaken deposit allegedly results in $1M in fees
DeFi blog Rekt claims that FTX failed to adhere to its own terms and conditions by imposing the fee. 2054 Total views 52 Total shares A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the…
SEC threatens to sue Coinbase over crypto yield program it considers a security
"They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened to sue Coinbase. The United States Securities and Exchange Commission (SEC) has reportedly threatened to sue Coinbase over a crypto yield program it deems as…