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MetaMask to let users bet on politics, sports via Polymarket

MetaMask to let users bet on politics, sports via Polymarket

Crypto wallet MetaMask will tap Polymarket later this year to expand its offerings to prediction markets, aiming to get in on the booming sector that has caught Wall Street’s attention.Ā The integration will make Polymarket directly available through MetaMask’s wallet, enabling users to buy and sell …

Polymarket founder Coplan joins billionaires club after NYSE parent's investment: Report

Polymarket founder Coplan joins billionaires club after NYSE parent's investment: Report

Shayne Coplan, the founder of prediction market Polymarket, is once again in the limelight, as prediction markets shift from regulatory bans in the United States to legitimate financial markets with institutional backing.Bloomberg named Coplan among the world’s billionaires following a $2 billion in…

Strategy’s Bitcoin value soars to record $77.4B as BTC returns to $120K

Strategy’s Bitcoin value soars to record $77.4B as BTC returns to $120K

Michael Saylor’s digital asset treasury firm, Strategy Inc., just hit a new all-time high in crypto value; it is now worth more than several leading banks and equivalent to the gross domestic product of some nations.Ā ā€œOur journey began with $0.25 billion in Bitcoin — and an immediate $0.04 billion u…

All currencies will be stablecoins by 2030: Tether co-founder

All currencies will be stablecoins by 2030: Tether co-founder

Tether co-founder Reeve Collins expects ā€œall currencyā€ to become stablecoins by 2030 as part of a broader shift that will see all forms of finance go onchain.Ā ā€œAll currency will be a stablecoin. So even fiat currency will be a stablecoin. It’ll just be called dollars, euros, or yen,ā€ said Collins in…

Sweden eyes entering the Bitcoin ā€˜digital arms race’

Sweden eyes entering the Bitcoin ā€˜digital arms race’

Two members of Sweden’s parliament, the Riksdag, have proposed that the country investigate establishing a strategic Bitcoin reserve to tackle inflation and diversify its holdings.They also want the government to promise it won’t change the legislation governing the monetary policy of Sweden’s centr…

229% inflation: How ā€˜Binance dollars’ became Venezuela’s real currency

229% inflation: How ā€˜Binance dollars’ became Venezuela’s real currency

Key takeaways:Ā With inflation at 229%, daily prices in Venezuela are set in USDT ā€œBinance dollars,ā€ usually at live P2P rates.Three dollar rates exist (official, parallel and P2P), but merchants mostly follow the P2P quote.The government tolerates dollar-backed crypto in exchanges, though it hasn’t …

How to use Google’s Gemini to research coins before you invest

How to use Google’s Gemini to research coins before you invest

Key takeawaysGemini is a research assistant for summarizing data and analyzing text, not a financial adviser for predicting prices.The quality of your research output depends entirely on the specificity and structure of your prompts.A repeatable workflow involves deconstructing a project’s fundament…

Abu Dhabi agricultural regulator bans use of farmland for crypto mining

Abu Dhabi agricultural regulator bans use of farmland for crypto mining

The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), the agricultural regulator for the emirate of Abu Dhabi, United Arab Emirates (UAE), announced a ban on using agricultural land for crypto mining.Violators will face a 100,000 AED fine ($27,229), and the ADAFSA will suspend municipal serv…

US government shutdown enters day 1: How is the SEC still functioning?

US government shutdown enters day 1: How is the SEC still functioning?

Members of the US Securities and Exchange Commission (SEC) began shutting down operations on Wednesday under a lapse in government funding, with most staff directed to secure their work and prepare for what could be a days-long pause in operations.According to a Wednesday notice on X, about nine hou…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Tornado Cash co-founder Roman Storm has asked a US judge to dismiss his conviction, arguing that prosecutors failed to prove his intent to assist bad actors, the White House pulled its backing of Brian Quintenz to lead the US Commodity Futures Trading Commission (CFTC), and the Secu…

Alternative assets are no longer alternative

Alternative assets are no longer alternative

Opinion by: Sam Mudie, CEO of SaveaAlternative assets were once solely the domain of the elite.Ā For centuries, fine wine, high art and luxury watches were only accessible to the most exclusive circles of society.Ā Now, everything has changed. Blockchain technology has digitized these alternative asse…

Bank of England governor says stablecoins could reduce reliance on banks

Bank of England governor says stablecoins could reduce reliance on banks

Bank of England (BoE) Governor Andrew Bailey suggested that stablecoins could reduce the United Kingdom’s reliance on commercial banks, signaling a potential shift in the central bank’s stance toward digital assets.In a Wednesday article in the Financial Times, Bailey said that the current financial…