Author: Coindesk
“This market will resolve to ‘Yes’ if a preponderance of evidence suggests that Barron Trump was involved in the creation of the Solana token $DJT. Otherwise this market will resolve to ‘No,'” the contract on Polymarket read. “Determination as to whether Barron was involved in the creation of $DJT will be made by this market’s decentralized resolver, UMA, and will take into account all available evidence as of 12 PM ET, June 23.” Read the full article here
The Web3 giant, valued at $5.9 billion during its last raise in 2022, is considering Hong Kong or the Middle East for a potential listing, the report said, citing Animoca co-founder Yat Siu. Siu added that the firm has held talks with investment banks, but has not yet hired an adviser. Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
The digital assets industry has amassed a juggernaut of campaign finance, a $169 million fund that’s capable of steering many contests this year and could decide the makeup of next year’s Congress. It’s already scored more than 20 victories, including high-profile elections in California and, just this week, New York. Crypto’s political operation has been using tactics it tested successfully in the congressional races two years ago, but this time, there’s a lot more money – enough to rival the top politically active industries and even the major parties’ own war chests. And those in charge of how it’s spent…
As the market supply advances along the adoption curve, it becomes increasingly clear that the lack of data availability, data analytics and data quality significantly complicates the implementation of structured due diligence and monitoring processes for investors. This leads to different risk exposures throughout the lifecycle of tokenized assets. These risks are evident in the creation of new assets, modifications to asset characteristics, the contractual terms of issuance, trading, custody and the valuation of underlying assets.Investors must familiarize themselves with the potential risks along the value chain and the intermediaries involved. By understanding the unique product structuring inherent in the…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
The form letter from Stand With Crypto concludes: “Giving the major presidential candidates a chance to weigh in on this transformational technology in the first debate would go a long way towards educating the electorate and helping American crypto owners cast an informed ballot.”Biden’s record on digital assets is familiar to the industry, which need only review his executive orders, White House statements and the actions of the U.S. regulators he appointed, including at the U.S. Securities and Exchange Commission. Trump’s administration didn’t make significant moves in crypto, and his past position of skepticism has only recently turned toward glowing…
“The corresponding consent orders will settle all state matters related to the Abra App in the U.S. for the period from March 2021 to June 2023,” the spokesperson said. “Since June 2023, 99% of assets held by U.S. retail customers of Abra using the Abra App have already been returned – over $250 million. Abra continues to operate in the United States through Abra Capital Management, an SEC-registered investment advisor, that allows clients to invest in crypto, earn yield, stake and borrow against their crypto holdings.” Read the full article here
FREE, FOR A FEE: Token airdrops are, after all, free money – one reason why project teams might be less sympathetic to users who complain that they didn’t get what they thought they were owed. Now, the blockchain interoperability project LayerZero has introduced a new twist to the process – what some observers are calling “pay to claim.” When LayerZero Foundation came out last week with the ZRO airdrop, it forced users to fork over a “proof-of-donation” before they could claim the new tokens. As detailed by CoinDesk’s Shaurya Malwa, users had to make a donation of 10 cents in…
Some 3,940 bitcoin originally seized from a Silk Road vendor was moved by the the wallet, according to an Arkham Intelligence social media post. “This BTC was originally seized from narcotics trafficker Banmeet Singh, and forfeited at trial in January 2024,” the post said. Read the full article here