A bet on Polymarket, the prediction marketplace, is drawing buzz with its question: Who will President-elect Donald Trump pardon within his first 100 days? Since its launch, this wager has attracted $3,483,995 in volume. On Friday, Dec. 6, Polymarket participants highlighted top contenders, including Ross Ulbricht, the Silk Road founder, and cryptocurrency entrepreneur Roger Ver. […] Source: https://news.bitcoin.com/trumps-pardons-predicted-jan-6-protestor-ross-ulbricht-and-roger-ver-lead-polymarket-bets/
Month: December 2024
Bitcoin Price Unfazed as Mt. Gox Shifts Another $352 Million Worth of BTC
An address containing a large amount of Bitcoin owned by long-defunct cryptocurrency exchange Mt. Gox just moved funds. About seven hours before press time, nearly 6,620 BTC worth about $352.7 million were transferred from a Mt. Gox address to an unknown wallet, according to data provided by blockchain intelligence service Arkham Intelligence. The data shows that the exchange is in…
Sky faces scrutiny over potential $756M exploit flaw
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency. Source: https://cointelegraph.com/news/sky-lite-psm-eoa-security-usdc-reserves?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
France Wants Bitcoin HODLers to Pay Taxes on ‘Unproductive Wealth’
Earlier this week French Senator Sylvie Vermeillet proposed classifying Bitcoin and other digital assets as “unproductive,” arguing they should be taxed like luxury items and vacant properties. The bill in question classifies cryptocurrencies as unproductive assets for the 2025 budget, meaning that taxes will be imposed on unrealized gains if they exceed €800,000. Paris-based Alice Stork, founder of Web3 public…
5 Million Players Are Collecting Whale Token Before the Launch
PRESS RELEASE. The team behind Whale.io, one of the standout TON blockchain’s all in one entertainment platform, is preparing for a fair launch of their highly anticipated token. As part of this roadmap, token distribution has already begun through Wheel of Whales, a play-to-earn miniapp on Telegram. The Whale Story Whale.io launched in March 2023 […] Source: https://news.bitcoin.com/5-million-players-are-collecting-whale-token-before-the-launch/
Hybrid crypto exchange GRVT secures Bermuda license
CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said. Source: https://cointelegraph.com/news/grvt-crypto-exchange-bermuda-license?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How Bitcoin shapes the future economy
The transformative influence of Bitcoin on the global economy. Source: https://cointelegraph.com/news/how-bitcoin-shapes-the-future-economy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Economist Jim Rickards on Trump’s Tariff Threats: ‘BRICS Already Has a Common Currency’
Jim Rickards, an economist and best-selling author, has referred to the effects that the announced Trump tariff threat might have on the BRICS bloc. He explained that while the organization is not planning to issue a common currency, it already has one: gold. Jim Rickards States BRICS Doesn’t Need a New Currency for Its Trade […] Source: https://news.bitcoin.com/economist-jim-rickards-on-trumps-tariff-threats-brics-already-has-a-common-currency/
Trump’s crypto czar is Solana bull and Multicoin Capital investor
New US “crypto czar” David Sacks is very bullish on Solana and is among investors of SOL-related investment firm Multicoin Capital. Source: https://cointelegraph.com/news/trump-crypto-czar-solana-bull-multicoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto firm Zama launches tool to build private apps on any EVM chain
The cryptography firm is launching an Ethereum Virtual Machine coprocessor enabling full end-to-end encryption and private smart contracts. Source: https://cointelegraph.com/news/crypto-firm-zama-launches-tool-build-private-apps-evm-chain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound