According to a bet on Polymarket, a decentralized predictions platform powered by Polygon, there’s a wager on whether current U.S. President Joe Biden will exit the 2024 election race. Currently, the likelihood of Biden stepping down has grown over the past few months to a 24% probability, as indicated by Polymarket bettors. Political Futures in […]
The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of advancements in the cryptocurrency market. The U.S. Securities and Exchange Commission has likely delayed its decision […]
Numerous accounts have recently revealed that shortly after the darknet market (DNM) Incognito apparently conducted an ‘exit scam,’ its operators have now informed their clients and merchants they are facing extortion. The team behind Incognito claims possession of crypto asset transaction logs and archived conversations from its users, warning that this information will be leaked […]
Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee. Shift in House Financial Services Committee Leadership Could Lead to More Progressive Crypto Legislation In a move that could impact […]
Starting Dec. 19, the financial services platform Sofi will stop offering crypto services to its customers. Sofi said banking regulators’ increased scrutiny of the crypto sector compelled it to make this decision. The company has outlined the steps that must be taken by customers who are willing to have their accounts migrated to Blockchain.com during […]