Author: Anshul

Unresolved Dispute: Polymarket Kennedy Campaign Outcome

The controversial and unresolved outcome of a Polymarket betting event concerning Robert F. Kennedy Jr.’s presidential campaign continues to stir debate. The platform has seen a surge in activity and bets related to Kennedy’s recent announcement suspending his campaign. Betting Dynamics on Polymarket Initially, the market predicted a 90% likelihood that Kennedy would drop out […]

Vitalik Buterin DeFi critique: A Call for Sustainable Practices

Ethereum founder Vitalik Buterin has recently voiced critical opinions about decentralized finance (DeFi). Sparking debate within the Ethereum community and beyond. His commentary reflects a nuanced perspective on the applications and sustainability of DeFi projects built on Ethereum. What made Vitalik Buterin Critique DeFi? Buterin’s Perspective on DeFi In a recent discussion on Twitter, Buterin […]

Polymarket Betting Odds Slim for Durov’s Release

The arrest of Pavel Durov, CEO of Telegram, in Paris has triggered a flurry of activity on Polymarket. Where bettors are gauging the odds of his release by the end of August. Initially seen as potentially short-term, the situation has evolved, and the market odds reflect growing concerns about Durov’s immediate future. What made this […]

Forgotten Runiverse Open Beta: A New Era Begins with

The Ronin-based MMORPG “Forgotten Runiverse“ is set to make its grand debut in open beta this Monday. Marking a pivotal moment in the game’s evolution and its broader ambitions within the entertainment industry. Launching a Legacy Bearsnake, the pseudonymous co-founder and COO of Forgotten Runes—the overarching universe that encompasses Forgotten Runiverse—expressed his excitement about the […]

What’s Next in the SEC HEX Lawsuit?

The ongoing legal battle between Richard Heart, the founder of HEX, and the United States Securities and Exchange Commission (SEC) intensifies. As the SEC responds to Heart’s recent motion to dismiss the case. The SEC’s Counterargument The SEC has challenged Richard Heart’s claim that he is not subject to U.S. jurisdiction. Stating that Heart actively […]

Kraken Faces Legal Setback in Australia

Australia’s corporate watchdog, ASIC, has secured a victory in its legal battle against Bit Trade Pty Ltd. The operator of Kraken’s crypto exchange in Australia. The Federal Court’s decision underscores the increasing scrutiny on cryptocurrency platforms regarding regulatory compliance. Legal Proceedings and Findings On a late Thursday, the Federal Court found that Bit Trade had […]

Magic Eden ME Token Shift

Magic Eden, a leading NFT marketplace, is revisiting its token launch strategy, focusing on enhancing its brand rather than adopting new identifiers. Initially, the platform planned to introduce a fungible token named “NFT” in collaboration with the enigmatic Non-Fungible DAO. However, it has now decided to continue with the “ME” token from the restructured ME […]

Impending Bitcoin Short Squeeze: Market Watch

In the rapidly shifting sands of the cryptocurrency market, a potential short squeeze on Bitcoin looms, catching traders off-guard. Recent data from K33, a digital assets brokerage, signals a precarious setup that could lead to an explosive rise in Bitcoin’s price due to aggressive short selling in the derivatives market. Market Dynamics at Play According […]