Month: August 2024

Polymarket, a cryptocurrency-based prediction market, has declared Edmundo Gonzalez, the opposition candidate, the winner of the Venezuelan presidential election bet. The decision, made days after the election, ignores the official results announced by the National Electoral Council (CNE), which proclaimed Maduro as president amidst fraud allegations from opposition leaders. This prompted several users to question […] Source: https://news.bitcoin.com/polymarkets-integrity-questioned-over-venezuelan-presidential-election-bet-outcome/

The United States Securities and Exchange Commission (SEC) has delayed its approval decision regarding the Hashdex Nasdaq Crypto Index US ETF, a proposed exchange-traded fund (ETF) that aims to hold both Bitcoin and Ethereum.  The SEC on Friday released a filing stating it would extend the initial 45-day review period for the Hashdex ETF proposal.  The Commission has set a…

Continue Reading→

Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. Coinbase has also formally responded to the proposal, urging the CFTC to reconsider its stance, which the company argues could stifle innovation in the prediction markets. Coinbase Urges CFTC […] Source: https://news.bitcoin.com/coinbase-challenges-cftc-proposal-advocates-for-balanced-regulation-of-event-contracts/

Fintech firm Ripple today announced that it had started testing its new stablecoin on its own blockchain and Ethereum.  The San Francisco-based company said Friday that Ripple USD (RLUSD) would help meet worldwide demand for stablecoins and be used for cross-border payments. But its testing is only the first step. “RLUSD has not yet received regulatory approval and therefore is…

Continue Reading→

As Bitcoin reclaims the spotlight, a new wave of innovators is pushing the boundaries of what the blockchain can achieve. Traditionally seen as a static store of value, Bitcoin is now being reimagined as a platform for decentralized finance, thanks to the efforts of companies like Bitlayer. Co-founder Charlie Hu recently discussed this transformation with Roundtable anchor Rob Nelson, shedding…

Continue Reading→

More than a month after famed gaming influencer Dr. Disrespect was dropped by Midnight Society, the studio building the first-person shooter Deadrop, the team has broken its silence in an exclusive interview with Decrypt’s GG—to discuss removing the popular streamer from the company, and how the game can move forward without him. Dr. Disrespect, aka Guy Beahm, was alleged to…

Continue Reading→