Tag: finance
Polymarket: Vital Source of Information, According to Buterin
Ethereum co-founder Vitalik Buterin recently highlighted the significance of platforms like Polymarket in providing valuable information through prediction markets. Buterin introduced the concept of "info finance," which involves designing markets to extract information from...
Creating an Asset Class: Simple 3-Step Guide
Andy: Kelly, the US election has concluded and Trump is headed back to the White House, bolstered by a GOP-lead Senate. Bitcoin has already posted a new all-time high, but we know there is...
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...
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...
Tracking $2.5B Lost to Crypto Hacks and Phishing Scams: Dune Dashboard Launches
Crypto analytics platform Dune has recently launched a new dashboard to track the $2.5 billion lost to crypto hacks and phishing scams since 2016. This dashboard, named the “Hacks, Exploits and Social Engineering Dashboard,”...
Crypto Market Cap Projected to Reach $10 Trillion by 2026
Standard Chartered Bank recently released a report projecting significant growth in the crypto market cap, expecting it to reach $10 trillion by the end of 2026. The bank believes that the recent Republican win...
Access Stablecoins in Hong Kong: Chinese Nationals Trial
Flare and Red Date Technology are currently running trials in Hong Kong to enable mainland Chinese residents to purchase stablecoins issued by IDA through anonymous registration and compliance with Chinese real-name laws. This initiative...
Tether Enters Oil Trade with $45M Middle Eastern Crude Deal.
Tether, the issuer of the USDT stablecoin, has made a significant move into the oil trade industry by financing a $45 million deal for 670,000 barrels of Middle East crude oil. This marks Tether's...
