Tag: Business
Predicting a Republican-Controlled House in 2024: Polymarket Analysis
Polymarket, a prediction market based on cryptocurrency, has been gaining attention for its accurate prediction of the presidential election results. According to Polymarket, the Republicans are highly likely to retain control of the House...
Mastering the Trump Trade: Success Story of a Crypto Hedge Fund
Former President Donald Trump's landslide victory in the 2024 U.S. presidential election came as no surprise to Quinn Thompson, the founder of the crypto hedge fund Lekker Capital. Thompson had been vocal about his...
Seeking Statements on Bitfinex Hack: US DOJ Investigation and Updates
The US Department of Justice (DOJ) is reaching out to individuals affected by the 2016 Bitfinex hack, despite not formally recognizing them as "victims" under the Crime Victims' Rights Act (CVRA). The department is...
Tether’s Trade Finance Division Successfully Funds First Oil Deal with USDT
Tether's trade finance division recently made headlines by successfully funding its first oil deal using USDT, the company's stablecoin. The $45 million crude oil transaction took place in the Middle East, marking a significant...
TRON DAO Gold Sponsor at Binance Blockchain Week Dubai
TRON DAO recently participated as a Gold Sponsor at the Binance Blockchain Week 2024 event in Dubai, showcasing its position as a prominent player in the digital payments sector. The event, which took place...
Bitcoin Price Surges 12% as Gold Declines – Market Shift Detected
Bitcoin's price surged by 12% as gold declined, marking the biggest single-day rise in the BTC/Gold ratio since February 2022. This shift in the market suggests a potential rotation of money from gold to...
TRON Memecoin Boom: SunPump, $SUNDOG, and Nexmate.AI Growth Ecosystem
TRON's memecoin ecosystem is flourishing with the help of platforms like SunPump and $SUNDOG, as well as innovative projects like Nexmate.AI. These platforms are driving engagement and supporting creators within the TRON ecosystem, leading...
Central Bank of Germany Teams Up with Singapore’s Project Guardian to Advance Tokenization and...
The German central bank, also known as Deutsche Bundesbank, has recently joined forces with Singapore's Project Guardian in an effort to advance the tokenization of assets and digital funds. Project Guardian, initiated by the...
Bitcoin Mining Industry Sees 13% Production Increase in October
Bitcoin miners are not letting the increasing mining difficulty slow them down as they continue to increase their production levels. Despite the challenges posed by the rising difficulty, the top 11 Bitcoin mining companies...
Magic Labs Unveils Chain Unification Network ‘Newton’ for Polygon’s AggLayer
Magic Labs recently announced the unveiling of Newton, a chain unification network designed specifically for Polygon's AggLayer. This network will allow wallet solutions to seamlessly integrate with the AggLayer, which serves as a platform...