For much of crypto history, the primary use case has been simple: buy tokens and trade them. Now, some investors and builders believe the industry could be moving toward a completely different model: earning crypto instead of buying it. One version of this idea is what venture capital firm Multicoin Capital calls Internet Labor Markets […]
Predictions marketplace platform Polymarket has partnered with Palantir and TWG AI to create a monitoring system designed to detect suspicious transactions and manipulation in sports predictions markets, a move that reflects the increasing pressure on the fast-growing sector to establish credibility. The new system will use Palantir’s data infrastructure and TWG AI’s analytics to monitor
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission — the sister agencies that will regulate most crypto activity in the U.S. — have been rivals in the past on crypto issues, but they are now seeking a formal memorandum of understanding to combine the agencies’ efforts, SEC Chairman Paul Atkins said.
Latest developments: Infrastructure providers are increasingly building network-based stablecoin payment systems instead of single-vendor rails, Borderless CEO Kevin Lehtiniitty said in an interview on CoinDesk Markets Outlook. Borderless recently partnered with wallet infrastructure provider Dfns to launch a stable institutional off-ramp for banks, fintechs and enterprises. The system routes stablecoin payments through multiple liquidity providers
Why banks are moving beyond stable, single-vendor payment rails Read More »
We all know the problem of a public ledger. Most of us who live in the crypto ecosystem can’t bring ourselves to say it. But find a Norman on the street, someone with some knowledge of blockchain (good luck with that), and they’ll tell you straight. It’s public. A public ledger is public. We’ve spent
Why Crypto Privacy Issue Is a Total Problem for Mainstream Users Read More »
Calling the United States the “crypto capital of the world,” Commodity Futures Trading Commission (CFTC) Chairman Mike Selig updated his agency’s ongoing plans to provide long-awaited regulatory clarity for decentralized finance (DeFi) developers, crypto derivatives, and prediction markets. Speaking this week at the FIA Global Cleared Markets Conference in Boca Raton, Florida, Selig said the
CFTC Chairman Michael Selig Outlines Plans for DeFi and Forecast Market Rulemaking Read More »
Kraken-related tokenized stocks platform xStocks plans to launch a rewards program for traders, liquidity providers and DeFi builders using its on-chain stock tokens. The initiative dubbed xPoints will track activity across supported trading platforms and integrations. Participants can earn points by trading tokenized US stocks providing liquidity or using the assets in decentralized finance (DeFi)
Kraken’s xStocks Launches Points Program, Hinting at Possible Ecosystem Token Read More »
Bybit Alpha officially integrates Mantle Chain, expanding multi-chain ecosystem and asset diversity
Investment bank B. Riley initiated coverage of treasury companies Bitcoin Strategy (MSTR) and Strive (ASST) with buy ratings, setting price targets of $175 and $12, respectively. The strategy was trading at $141.82 at press time, with Strive at $8.67. The sector came under pressure after bitcoin fell more than 45% from around $126,000 in October
MSTR and ASST have big upside potential after significant declines, says B. Riley Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2004.71, up 1.4% (+26.87) since 4 p.m. ET Monday. Fifteen out of twenty assets are trading upwards. Leaders: XLM (+5.1%) and NEAR (+3.6%). Lagging behind: BCH (-1.0%) and
Stellar (XLM) gains 5.1%, flagship index on the rise Read More »
