Prediction markets rise 565% in Q3, fueled by US elections

Christopher Giancarlo, the chairman of U.S. Commodity Futures Trading Commission (СFTC), said in an Oct. 2 speech that enforcement actions and fines increased significantly in the last fiscal year.Giancarlo presented at the Economic Club of Minnesota, stating that the enforcement of the recent fiscal year, which ended September 30, was "among the most vigorous in…

The cryptocurrency exchange Binance is making a move in the hardware wallet industry, with its venture capital arm investing in the cold wallet platform Ngrave.Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round, the firm officially announced on Nov. 21.Founded in Belgium…

Decentralized offline cryptocurrency sales network firm Pundi X showcased its Blok on Blok (BOB) blockchain smartphone at the IFA trade show in Berlin, reported IT-focused news portal CIOL on Sept. 10.Pundi X claims that BOB is the first smartphone in which every bit of data will be executed on the Function X blockchain ecosystem –…

Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future. 1519 Total views 18 Total shares Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat…

The DeFi economy continues to be built on Ethereum. A new report from ConsenSys highlights the extent to which the Ethereum network drives decentralized finance. 1392 Total views 9 Total shares The Ethereum (ETH) network continues to be a major driving force behind decentralized finance, or DeFi, signaling the continuation of a trend that began…

Voatz, the Massachusetts-based company touting a blockchain-enabled mobile voting app, has been met with public criticism for a lack of transparency, among other things, particularly when it comes to data security. And with the threat of election tampering, the stakes are as high as ever. Voatz has been used in elections in West Virginia; Jackson County,…

The percentage was marginally higher than those who said they would rather use savings and stocks to meet the same ends. 111 Total views 12 Total shares According to a recent survey published by Investopedia, 28% of U.S. millennials polled said they expect to use cryptocurrency to support themselves in retirement — a figure which…