The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election Source: https://www.coindesk.com/policy/2024/11/07/french-regulator-says-its-examining-polymarket/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried’s inner circle, has requested that he serve no …
The new dashboard by Dune reveals funds lost in over 5,500 blockchain-based scams, exploits, and attacks. Source: https://www.coindesk.com/tech/2024/11/07/dune-launches-dashboard-tracking-25b-lost-to-crypto-hacks-and-phishing-scams/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …
A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was “trying to re-litigate the same issues repeatedly.” Source: https://www.coindesk.com/policy/2024/11/07/sec-seeks-to-dismiss-three-of-krakens-key-defenses-in-us-lawsuit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The President-Elect promised pardons for the protestors and to commute Ulbricht’s sentence when he was on the campaign trail. Source: https://www.coindesk.com/markets/2024/11/07/donald-trump-more-likely-to-pardon-jan-6-protestors-than-silk-road-founder-polymarket/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency’s total supply, the report said. …
The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election. Source: https://www.coindesk.com/markets/2024/11/07/this-metric-points-to-rotation-from-gold-to-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Investors say a Trump administration will favor DeFi applications and tokenomics more, given the family’s backing of World Liberty Finance – riling up DeFi-focused trades. Source: https://www.coindesk.com/markets/2024/11/07/ether-surges-10-as-trump-victory-brings-back-defi-bullishness/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Analysts expect a 0.25% rate cut this week, which has historically benefited assets like BTC by diluting the dollar’s value and pushing investors towards alternative investments. Source: https://www.coindesk.com/markets/2024/11/07/what-next-for-bitcoin-after-trump-win-traders-look-to-fed-rate-cuts-for-bullish-btc-move/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
