Trump election bets boost Polymarket volumes to record $116M in July
A massive surge in US Presidential election bettors has already brought Polymarket record-breaking volumes just two weeks into July.
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Binance Cryptocurrency Exchange Testing British Pound Stablecoin
Major cryptocurrency exchange Binance is apparently testing a British pound stablecoin on its native blockchain, Binance Chain, according to a Twitter post on June 3.Twitter user CryptosBatman noticed that the listing “$BGBP” appeared on the Binance platform.Screenshot of stablecoin on Binance Chain. Source: TwitterBinance CEO Changpeng Zhao has commented on the tweet, confirming that a…

FTX bankruptcy judge approves sale of LedgerX
The judge said he read all the papers and declarations related to the FTX debtors' motion for the sale of LedgerX and was “satisfied” with the proceedings. 109 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe judge presiding over crypto exchange FTX’s bankruptcy case has given the…

STEPN move-to-earn tokens GMT, GST hit new highs after Coinbase listing announcement
The native tokens of move-to-earn lifestyle app STEPN swung higher on news that they would be available to trade on Coinbase, a U.S.-based crypto exchange.The price of STEPN's governance token Green Metaverse Token (GMT) rallied by nearly 20% to reach over $4 in the past 24 hours, hitting as high as $4.50, its best level to…

Grumpy Cat meme coin raises $70K for animal shelters
A Grumpy Cat NFT fetched more than $80,000 while the Grumpy Cat coin community raised more than $70,000 for an animal shelter. 2129 Total views 49 Total shares The community behind meme cryptocurrency Grumpy Cat Coin, or GRUMPY, has donated 39 ETH worth almost $70,000 to the Sterling Animal Shelter in Massachusetts. (Owing to the…

Do Kwon’s extradition case goes back to Montenegrin justice minister
According to Montenegro’s Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwon’s extradition to face criminal charges.

Are non-KYC crypto exchanges as safe as their KYC-compliant peers?
Many see implementing Know Your Customer (KYC) tools in crypto as a deterrent to the Bitcoin (BTC) Standard, which has predominantly promoted anonymized peer-to-peer transactions. However, regulators stay put on promoting KYC and anti-money laundering (AML) implementations as a means to ensure investors’ safety and protection against financial fraud. While most crypto exchanges have begun implementing…

ThorChain loses $7.6M in ‘Chaosnet’ exploit, offers hacker a bounty to return funds
The ThorChain network remains halted after the protocol suffered a hack in which the perpetrator is estimated to have made off with $7.6 million in crypto assets. 339 Total views 1 Total shares Popular cross-chain decentralized exchange, ThorChain, has suffered a multimillion-dollar breach.Estimates as to the scale of the damage vary, with ThorChain revising the…

Overstock Sued by Shareholder Over Former-CEO’s $90 Million Exit
Online retailer Overstock is facing a lawsuit from shareholder John Murphy over former CEO Patrick Byrne’s abrupt departure from the company and off-loading of $90 million worth of shares.According to Law360 on March 11, Murphy is seeking records under Section 220 of Delaware General Corporation Law to examine potential violations of duty on the part…