Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines the confusing agreement signed by El Salvador and the IMF and how Bukele’s actions might jeopardize the disbursement of $1.4 billion for the country. Latam Insights Encore: Bukele’s Bitcoin Gambit Might Put […] Source: https://news.bitcoin.com/latam-insights-encore-el-salvadors-confusing-imf-deal-might-be-foiled-by-its-bitcoin-stance/
Crypto.com rolled out a sports prediction market in the U.S. Monday amid a surge in gambling on real-world events among digital asset holders. The offering will serve a growing crop of crypto traders who want to wager on real-world events outcomes, leveraging Crypto.com’s popularity with sports fans in the U.S., Matt David, a company spokesperson, told Decrypt. “Sports have been…
A new survey highlights an alarming trend: crypto hedge funds are struggling to access basic banking services. The findings, released by the Alternative Investment Management Association (AIMA) in its report The Debanking Dilemma, reveal that three-quarters of the 160 crypto hedge funds surveyed reported significant banking challenges over the past three years. In stark contrast, none of the 20 traditional…
As blockchain networks grow and serve more users, their scale—measured by the volume of transactions and participants—can both solve and create challenges. Blockchains running programs that automate agreements, like smart contracts, often face significant challenges, especially those with large, active user bases. Too many users are trying to do things simultaneously, and the Ethereum Virtual Machine (EVM) at its center…
As President-elect Donald Trump prepares to take office on January 20, 2025, the cryptocurrency industry is eagerly awaiting his promised crypto policy overhaul. Industry insiders are hoping Trump will use his first day in office to issue a series of executive orders that would dramatically reshape the regulatory landscape for cryptocurrencies. These orders could lay the groundwork for a new…
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink’s new oracle service. Source: https://cointelegraph.com/news/aave-mulls-chainlink-integration-return-mev-fees?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uniswap’s Unichain developers revealed the official roadmap for Unichain’s transition to a public mainnet, emphasizing decentralization and strong fault tolerance. Developers Announce Unichain Public Mainnet Launch Strategy According to blog post published by the team of programmers, since the launch of Unichain Sepolia testnet in October, the network has facilitated 50 million test transactions and […] Source: https://news.bitcoin.com/unichain-roadmap-to-mainnet-unveiled-permissionless-fault-proofs-on-day-one/
The price of Bitcoin fell below $93,000 Monday, hitting its lowest price in nearly a month—since November 26—as a so-called Santa Claus rally failed to materialize and the crypto charts looked as red as the holiday icon’s suit. Less than a week ago, the leading cryptocurrency traded hands above $108,000, rising to a record price as the holiday season approached.…
The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards. Source: https://cointelegraph.com/news/irs-doubles-down-crypto-staking-taxes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OpenAI’s latest AI model family has achieved what many thought impossible, scoring an unprecedented 87.5% on the challenging, so-called Autonomous Research Collaborative Artificial General Intelligence benchmark—basically near the minimum threshold for what could theoretically be considered “human.” The ARC-AGI benchmark tests how close a model is to achieving artificial general intelligence, meaning whether it can think, solve problems, and adapt…
