Singapore’s gambling regulator blocked access to Polymarket, a predictions market, considering it online gambling under their law. Offenders Face Stiff Fines or Jail Time Singapore’s Gambling Regulatory Authority (GRA) has reportedly blocked access to Polymarket, a predictions market, as part of a broader crackdown on unlicensed gambling service providers. Under Singaporean law, predictions markets like […]
Automattic Publishes WP Engine Term Sheet Amidst Controversy
As the Automattic-WP Engine controversy continues, Automattic published the term sheet delivered to WP Engine on September 20, 2024. “In the interest of transparency, we’ve published the term sheet we offered to @LeeEWittlinger and @heatherjbrunner, it’s a simple one-pager.”, tweeted Matt Mullenweg. The announcement post reveals that initial discussions between Automattic …
Blackrock’s Bitcoin and Ether ETFs Lead Inflows Amidst Strong Trading Day
According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $ 135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $ 62.51 million in new capital. U.S. Bitcoin ETFs Reap $ 135M Inflows, Ether Funds Close Behind with $ 62M It was …
Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally
The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The commodity, made famous by its part in the “Trading Places” film, is expected to keep rising due to climate factors and Brazil’s worst orange harvest […]
Ethereum Foundation Defends $96.9M Transfer Amidst Criticism
On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $ 96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the …