Episode 57 of Season 6 of The Scoop was recorded with The Block’s Frank Chaparro and Galaxy Digital Global Head of Asset Management Steve Kurz. Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]…
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…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1835.62, up 1.4% (+24.75) since yesterday’s close. Three of 20 assets are trading higher. Leaders: NEAR (+4.8%) and UNI (+3.3%). Laggards:DOT (-0.8%) and ICP…
Stablecoin issuer Circle is expanding its native issuance of USD Coin (USDC) and deploying its Cross-Chain Transfer Protocol on the layer-1 blockchain Sui. In a Sept. 17 X post, Evan Cheng, co-founder and CEO of Mysten Labs, revealed that his firm’s blockchain—Sui—has partnered with Circle to bring USDC to the…
Crypto markets have much to anticipate this week, with a key moment on Wednesday as the Federal Open Market Committee (FOMC) decides the scale of September’s interest rate cuts. Bitcoin (BTC) led crypto inflows last week, bringing in up to $436 million and reversing the negative flows from the week…
CZ reached a deal with the US Department of Justice (DOJ) in late 2023, which initially sought a 36-month sentence. However, the court ultimately imposed a shorter term. The official website of the US Federal Bureau of Prisons (BOP) confirms that Binance founder Changpeng Zhao will go free on September…
The Commodities Futures Trading Commission (CFTC) recently introduced a proposed rule targeting prediction markets, which led to Kalshi becoming the latest platform affected. This uncertainty has begun to impact Polymarket, raising concerns about its future in the current regulatory environment. According to Dune, Polymarket has seen a significant drop in…