Tag: New York
Whale Loses $4M on Polymarket in Trump Election Bet
A user on the prediction market Polymarket recently sold almost $4 million in bets on former US President Donald Trump's victory in the Nov. 5 elections. This user, known as "larpas," had accumulated a...
Leah Wald’s Investment Firm Acquires Four Validators, Including Solana Network, for $18M
Leah Wald's investment firm, Sol Strategies (HODL), has made a significant move by acquiring four validators, including the Solana network, for a total of nearly $18 million. This purchase, made in cash and shares,...
Bitcoin Developers Collaborate with StarkWare and Blockstream for Breakthrough Features in New Update
A group of Bitcoin developers from different teams have come together to make a significant breakthrough on the Bitcoin blockchain. They have found a way to add a type of programming called "covenants" that...
Howard Lutnick appointed as commerce secretary under Trump administration
President-elect Donald Trump has made a surprising nomination for Secretary of Commerce, selecting Howard Lutnick, the CEO of Cantor Fitzgerald, a financial services firm. Lutnick is known for his support of protectionist trade measures...
Crypto’s Impact on the 2024 U.S. Election: Real-Time Updates
The 2024 U.S. Election is unfolding with significant implications for the crypto industry. As the results come in, there are key updates on the candidates and their positions on digital assets. Democratic Senator Elizabeth Warren,...
Bitcoin Price Plunge: Short-term Investors Suffer Losses Below $93k
Bitcoin investors were hit hard recently as the price of the cryptocurrency plunged below $93,000. Short-term investors who were hoping for quick profits found themselves facing significant losses as the market took a downturn. The...
Hadron: Tether’s Tokenization Platform for Institutions and Governments
Tether has introduced a new tokenization platform called Hadron, designed to cater to institutions, governments, and corporations. This platform will enable clients to tokenize various assets such as stocks, bonds, stablecoins, and loyalty points....
Winning Election Support from Pro-Crypto PACs: Key to Success
Pro-crypto political action committees (PACs) have celebrated a significant victory in the recent U.S. elections, with 48 of their supported candidates emerging victorious. This success, fueled by a record-breaking $135 million in PAC investments,...
Former FTX CTO Appeals for Non-Custodial Sentence in Bankman-Fried Case
FTX’s former Chief Technology Officer, Gary Wang, is making a plea for a non-custodial sentence as he awaits his upcoming sentencing date on November 20. In a sentencing memo dated November 6, Wang's legal...
Potential $15 Billion Inflows: JPMorgan Bullish on Solana and XRP ETPs
JPMorgan Predicts $15 Billion Inflows for Solana and XRP ETPs JPMorgan has made a bold prediction that exchange-traded products (ETPs) for Solana (SOL) and XRP could potentially attract over $15 billion in net inflows. Currently,...
