Polymarket is a ‘social epistemic tool’ for the public, Vitalik Buterin argues as CFTC scrutiny intensifies

[ad_1] AI-enhanced image of Vitalik Buterin. Source image from Tech Crunch. Key Takeaways Polymarket’s trading volume surpassed $390 million as interest in election bets grows. Vitalik Buterin argues against categorizing Polymarket as... Read more »

Toncoin drops 18%, Notcoin tumbles following arrest of Telegram CEO Pavel Durov

[ad_1] Key Takeaways Pavel Durov’s arrest in France led to a 18% drop in Toncoin’s value. French authorities link Durov with crimes facilitated through Telegram’s lack of moderation. Share this article The... Read more »

Kraken operator loses case in Australia over margin trading product

[ad_1] Key Takeaways Bit Trade failed to comply with design and distribution obligations for its margin trading product. ASIC plans to seek financial penalties against Kraken’s Australian operator. Share this article The... Read more »

Russia plans to set up crypto exchanges to support global trade

[ad_1] Key Takeaways Russia plans to establish crypto exchanges in Moscow and St Petersburg to support international trade. The exchanges will use stablecoins linked to the Chinese yuan and BRICS currencies to... Read more »

Tether introduces UAE Dirham-pegged stablecoin

[ad_1] Key Takeaways Tether’s new stablecoin is fully backed by UAE-based liquid reserves. Tether aims to be a pioneer in the UAE’s crypto market by being among the early adopters of the... Read more »

IBIT and FBTC rank among top global ETFs by inflows

[ad_1] Key Takeaways BlackRock’s IBIT and Fidelity’s FBTC rank among top 15 global ETFs for inflows in 2024. US spot crypto ETFs represent 1.9% of total global flows, with Bitcoin ETFs outperforming... Read more »

Bitpanda and Coinmotion join forces to bring over 400 digital assets to Nordic users

[ad_1] Key Takeaways Bitpanda Technology Solutions expands Coinmotion’s crypto offerings to over 400 coins. The partnership aims to enhance user experience and safety in crypto trading. Share this article Bitpanda Technology Solutions... Read more »

5 things to expect from US jobs report data: numbers, warnings, and reactions

[ad_1] The Postal Square Building in Washington, D.C. which houses the Bureau of Labor Statistics. Photo by AgnosticPreachersKid from Wikipedia. Key Takeaways Goldman Sachs warns the upcoming BLS job report might exaggerate... Read more »

Binance and Macau police team up to fight against online scams

[ad_1] Key Takeaways Binance integrates anti-fraud alerts to protect users from scams. Customized scam warnings are now issued to Macau users withdrawing assets from Binance. Share this article Binance and the Macau... Read more »

Solana funds see record $39 million outflows as meme coin volumes plummet

[ad_1] Key Takeaways Solana experienced record outflows of US$39 million amid a sharp decline in memecoin trading volumes. Bitcoin led inflows with US$42 million, while Ethereum saw US$4.2 million inflows despite mixed... Read more »