The United States Securities Exchange Commission hinted at the prospect of regulating prediction markets under federal security laws. There is increased interest in the industry, prompting action by the SEC. Officials of the SEC stated that some contracts may fall under the investment contract provision of the Howey Test. The
Gold and Silver are estimated to record weekly gains soon, paving the way for a possible additional upswing at a time when cryptocurrencies are fumbling for multiple reasons. Both precious metals rising, however, have triggered questions around how and if there will be any impact on cryptocurrencies. Gold and Silver
The biggest opponent of OpenAI, Anthropic, has formally publicised a milestone of a $30 billion fundraising round. After this deal, the post-money valuation of the company reaches $380 billion, underlining the robust pull of capital into the AI sector. Beyond the headline number, though, reside complex second-order effects that could
U.S. federal prosecutors are warning U.S. citizens ahead of Valentine’s Day, which has become the key period for romance-related cryptocurrency frauds, which end with victims losing millions of dollars through cryptocurrency. Authorities say these fraud activities take place through mixing emotions with fake investment online opportunities, commonly known as the
Crypto treasury firm ETHZilla has introduced a new token tied to commercial aviation assets, marking a decisive shift from its previous crypto accumulation strategy. The company unveiled Eurus Aero Token I, a digital token backed by two commercial jet engines leased to a leading U.S. airline. ETHZilla priced each token
Bhutan just sold more Bitcoin tokens in continuation of its 3-week selling pattern. The country still holds a considerable amount of the flagship token. The move has triggered speculation, considering BTC price has dropped below $67k. Nevertheless, sentiments for the future of bitcoin are bullish. Bhutan Sells More Bitcoin Tokens
With extreme fear sentiment hanging around the market, the day opened in the red, with some crypto assets in green. The market cap is resting at the $2.27 trillion mark after a 1.35% drop. The largest assets, like Bitcoin (BTC) and Ethereum (ETH), are trading at $66.1K and $1.9K, respectively.
Israeli prosecutors indicted the two on charges of attempting to use confidential military intelligence to make bets on Polymarket, a blockchain-based prediction market. The suspects include one Israeli Defence Forces reservist and another civilian. Authorities accused the reservist of obtaining sensitive operational intelligence in the course of his military duties
Morph, a secure settlement layer for global crypto payments, has amalgamated USDT0, the omnichain Tether liquidity network backed by LayerZero. After this step, Morph gets direct access to unified USDT liquidity over 18+ blockchains. The firm also targets to become the settlement layer for everyday money. For developers making payment
Aave Labs has introduced the new governance proposal called “Aave Will Win,” which would send 100% of revenue generated through Aave-branded products directly to the community treasury, which is controlled by the Aave DAO. If approved, then any income generated by the Aave Labs through Aave products will no longer
