A blockchain-based prediction platform, Polymarket, has found itself entangled in potential regulatory actions in France, following substantial trading activity tied to the 2024 US presidential election. This event drew immense volume, reflecting $3.5 billion in trading, attracting the attention of France’s National Gaming Authority (ANJ) and raising concerns over potential violations of the country’s stringent gambling laws. The looming investigation
Arkham Intelligence’s forthcoming launch of the Arkham Exchange, a new crypto perpetuals exchange, has sparked significant interest within the cryptocurrency community. Supported by $12 million in funding from prominent investors like Sam Altman, the co-founder of OpenAI, this exchange aims to introduce unparalleled transparency and accountability into the market. Arkham Exchange seeks to distinguish itself from established players such as
The cryptocurrency market experienced a whirlwind of activity following Donald Trump’s decisive victory in the 2024 presidential election. This political shift, marked by a sweeping Republican control across various levels of government, triggered a notable surge in Trump-themed meme coins. However, the initial euphoria was short-lived, leading to dramatic sell-offs and highlighting the speculative nature of these niche cryptocurrencies. Initial
In a significant turn of events within the crypto industry, Binance, along with its former CEO, Changpeng "CZ" Zhao, has requested that the United States Securities and Exchange Commission’s (SEC) securities claims against them be dismissed. This legal maneuver marks another chapter in the ongoing saga between regulatory authorities and crypto behemoths. The legal team representing Binance and Zhao moved
Once hailed as a groundbreaking fusion of traditional gaming and blockchain technology, Hamster Kombat took the digital world by storm. Riding high on its association with Telegram’s immense user base, the game quickly amassed over 300 million active players within three months of its launch. However, this roaring success was short-lived, as the platform witnessed an unprecedented decline in engagement,
In a groundbreaking move aimed at integrating cryptocurrency payments into mainstream retail environments, Crypto.com, a leading digital asset service provider based in Singapore, has partnered with Ingenico, a renowned payment solutions company. This collaboration promises to bridge the gap between digital currencies and everyday commerce, offering a seamless payment experience for both merchants and consumers. By introducing Ingenico’s pioneering "plug-and-play"
Amid mounting difficulties and market instability, The Open Network (TON) ecosystem has witnessed significant struggles, manifested through the declining performance of its primary tokens and associated key projects. A particularly troubling trend is the falling price of its cryptocurrency assets, which has raised concerns about the broader impact on the market and the long-term viability of the ecosystem. Despite the
The recent surge in Bitcoin mining difficulty coincides with the anticipation of the U.S. election results, presenting a dynamic environment for both miners and investors. This development not only reflects significant advancements in network security and operational infrastructure but also exposes the speculative sentiments prevalent in the cryptocurrency market. As of November 5, Bitcoin’s mining difficulty achieved a historic high
JPMorgan Chase & Co. is poised to revolutionize foreign exchange (FX) transactions by introducing an instant settlement service via its Kinexys blockchain platform, previously known as Onyx. This initiative highlights JPMorgan’s commitment to leveraging cutting-edge blockchain technology in global finance. The new service will initially facilitate USD to EUR conversions, aiming to slash settlement times from up to two days
In recent years, the integration of blockchain technology into global finance has become a key focus for numerous enterprises. Ant International is at the forefront of this movement, aiming to revolutionize global treasury management through its innovative Whale blockchain platform. The platform’s recent expansion to support real-time cross-border treasury solutions has garnered significant attention, especially with its partnerships with Standard
In a significant move towards modernizing the financial investment landscape, Ozean, a blockchain platform focused on real-world asset (RWA) yield generation, has teamed up with Clearpool and HELIX to transform how private credit and fixed-income assets are managed. This partnership aims to harness the power of blockchain technology to broaden the reach of off-chain investments, offering a new paradigm for
The Chainlink (LINK) ecosystem has been capturing significant attention due to its impressive growth and adoption within the blockchain and cryptocurrency communities. With substantial interest from institutional investors and Web3 companies, Chainlink is positioning itself as a critical player in the realm of scalable smart contracts. One of the notable advancements in Chainlink’s journey has been the completion of a
