World Liberty Financial is positioned as a decentralized lending platform, with Donald Jr. and Eric Trump playing key roles. Donald Trump’s family launched World Liberty Financial (WLFI) on Monday, with a commitment to democratize and depoliticize finance. The venture aims to provide individuals, often excluded by traditional banks, with easier …
arbitrum
-
-
Coinbase CEO Brian Armstrong responded by emphasizing that the company relies on its business model and regular audits to attract institutional investors, dismissing the need for PoRs. Tron founder Justin Sun criticized Coinbase for being one of the few major exchanges that have yet to implement proof of reserves (PoR). …
-
Bitwise CIO likens Ethereum to Microsoft, bets on underappreciated dominance despite bearish sentiment
by Assad Jafriby Assad JafriBitwise Chief Investment Officer Matt Hougan believes that Ethereum to tech giant Microsoft in a recent memo, asserting that the blockchain giant’s foundational role in the ecosystem is being underestimated amid current bearish sentiment. In the memo titled “A Contrarian Bet on Ethereum,” Hougan argued that Ethereum continues to lead …
-
Wintermute to launch multi-chain prediction market amid election betting craze
by Assad Jafriby Assad JafriWintermute announced the creation of a smart contract for a new US presidential election prediction market called OutcomeMarket on Sept. 17. The market, set to launch next week, will operate on several chains, including Ethereum (ETH), Base, and Arbitrum (ARB). Additionally, it will debut two new tokens called TRUMP and …
-
Wintermute to launch predictions market called OutcomeMarket, beginning with TRUMP and HARRIS tokens
by Daniel Kuhnby Daniel KuhnCrypto trading platform Wintermute is building a predictions market with the U.S. election just seven weeks away. The company is tapping Chaos Labs’ Edge Proofs Oracle for the new product called OutcomeMarket, which will begin with betting markets for TRUMP and HARRIS tokens. Wintermute plans to roll out the betting …
-
Algorithmic trading firm Wintermute has announced the launch of OutcomeMarket, a decentralized prediction market platform that will initially focus on the 2024 U.S. presidential election with tokens tied to candidates Donald Trump and Kamala Harris. Launching next week, the platform allows users to participate directly in prediction markets across Ethereum …
-
TWT is the native token of Trust Wallet, which was initially listed on Binance in January 2021. On Monday, social media spread rumors and fake images, claiming that Trust Wallet Token (TWT) faced trouble and Binance planned to delist it. This sparked confusion within the community and triggered a sell-off, causing TWT’s price to drop by 25%, …
-
This move comes despite growing concerns over the future of NFT projects amid increasing regulatory scrutiny and market uncertainty. The collaboration has resulted in MagicMoca, a new NFT launchpad expected to launch in Q3 2024. The platform will cater exclusively to the Mocaverse community, offering access to selected NFT projects. These launches …
-
This partnership aims to enhance accessibility and create an efficient trading environment, providing new opportunities for stablecoin transactions on TON. With this partnership, TON taps into Curve Finance’s Constant Function Market Maker (CFMM) technology, simplifying stablecoin swaps and improving the user experience by minimizing price impact during trades. Both parties …
-
While popularity grows, regulatory scrutiny is also increasing, with the mounting pressure affecting platform activity. Polymarket election bets volume recorded $926 million as of this writing, indicating growing interest in the decentralized prediction market. With the US elections just 48 days away, the volume is expected to hit $1 billion …