The Commodity Futures Trading Commission (CFTC) granted regulatory approval for prediction market platform Polymarket to renew US operations through a no-action letter issued to QCX LLC on Sept. 3. The CFTC’s Division of Market Oversight and the Division of Clearing and Risk introduced that they won’t pursue enforcement motion in opposition to QCX LLC or…
Gemini and Figure are targetting mixed valuations exceeding $6.3 billion for their preliminary public choices (IPO) as digital asset firms capitalize on renewed investor urge for food for public market debuts, Reuters reported on Sept. 2. Blockchain lender Figure Technologies goals to lift as much as $526.3 million at a most valuation of $4.13 billion….
Polymarket contracts value lower than a 1% likelihood that President Donald Trump will resign at the moment, as merchants place right into a 2 P.M. ET Oval Workplace announcement reported by a number of shops citing a White Home advisory. The Oval Workplace announced the deliberate look, although the subject was not disclosed. In accordance…
California Governor Gavin Newsom stated he’ll intensify his assaults on President Donald Trump by launching a memecoin and increasing a wave of social media posts designed to parody the previous president’s on-line persona, NBC Los Angeles reported. The governor made the revelations throughout a current look as a visitor co-host on the “Pivot” podcast with…
The XRP community has launched a robust pushback in opposition to Litecoin after the undertaking’s official X (previously Twitter) account in contrast the token to rotten eggs in a extensively criticized put up. On Aug. 29, Litecoin’s deal with shared a sarcastic “enjoyable reality” noting {that a} comet smells like rotten eggs, urine, burning matches,…
For those who’re new to Bitcoin or the one sats you maintain are in an ETF or a centralized change, you’d be forgiven for not understanding about Core vs Knots and the whole OP_RETURN saga. However should you’ve weathered a number of cycles, HODLed like a champ, and are nonetheless scratching your head, it’s time…
The Ethereum Foundation has paused new grant applications to its Ecosystem Assist Program (ESP) because it reconsiders the way it funds builders and tasks. The pause, announced Aug. 29, comes because the Basis restructures its strategy to ecosystem growth and appears to align its grantmaking with longer-term priorities. An in depth roadmap outlining new funding…
Ethereum co-founder Vitalik Buterin weighed in on the growing debate over prediction markets, warning that the absence of interest-bearing mechanisms makes them unappealing for risk-averse traders. In a post on Farcaster, Buterin said the lack of yield forces participants to sacrifice guaranteed returns elsewhere, such as the 4% annual yield available on dollars, just to…
Prime Win Worldwide modified its company title to AsiaStrategy on Aug. 22 in Hong Kong, stored its Nasdaq ticker SORA, and commenced accepting Bitcoin for watch gross sales, the corporate stated. The transfer follows a months-long restructuring that introduced Sora Ventures into Top Win’s public company structure in Could, a path that prevented a separate…
Kanye West continued his controversy-filled era with his YZY token launch on Solana this week, where trading activity drove its market capitalization near $3 billion before collapsing within hours. The token, listed under multiple pool tickers on Raydium, initially saw rapid inflows that pushed its fully diluted valuation into multibillion territory before prices retreated more…