The blockchain-powered prediction market Polymarket saw an additional $ 85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $ 472.87 million set a new high, surpassing every month since Polymarket’s inception. Polymarket Volume Soars in August While some sectors faltered in August, Polymarket thrived, setting new …
The Trump family’s decentralized finance (defi) venture, World Liberty Financial, which has been shrouded in secrecy for quite a while, has now revealed another development—the launch of an “epic meme contest.” The news broke on the social media platform X, where the World Liberty Financial account shared, “To celebrate President Trump’s tweet about us yesterday, […]
Lubbock police in Texas have reported a notable increase in bitcoin-related scams, with victims losing significant amounts of money. Over the last few months, 20 to 30 individuals have come forward to report scams involving gift cards and bitcoin transactions. Scammers typically target the elderly, claiming their accounts have been compromised and require verification. Victims […]
In July, bitcoin miners earned $ 951.11 million, marking the lowest monthly revenue of the year. Out of this total, $ 24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging for bitcoin miners, as …
The World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying up by 6% and technology sector demand rising by 11%. Q2 2024 Sees Record Gold Demand The World […]