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Polymarket punters beware — even betting markets are subject to wishful thinking
Wolfgang Münchau is a columnist for DL News. He is co-founder and director of Eurointelligence, and writes a column on European affairs for the New Statesman. Opinions are his own. This has not been ...
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Coinbase just flashed a warning sign about the crypto market
Coinbase stock plummeted after the exchange posted lower-than-expected revenue and a muted outlook. Waning retail interest in crypto, even as prices rise, is changing the market make-up. Bitcoin has ...
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Three factors driving Bitcoin’s $71,000 rally and what analysts say will happen next
Bitcoin continues to rally as investors pile into the $1.4 trillion cryptocurrency. It’s just 3% away from a new record after Bitcoin hit $71,500 on Tuesday morning. Analysts say more fireworks are ...
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FTX exec’s lawyers argue for prison time served with claim he saved Japan unit
Lawyers for FTX executive Nishad Singh have requested a sentence of time served. Singh was late to the conspiracy and may have saved its Japanese subsidiary, they say. Singh's sentencing comes a month ...
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Crypto fraudster pulls a Houdini — escapes NYC home detention on $5m bond
Crypto scammer vanishes from NYC after $5M bond. IC3: FOMO-fueled crypto fraud losses hit $5.6B in 2023. German national Horst Jicha, accused of running a $150 million crypto scam, has reportedly ...
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How Crypto.com leapfrogged Coinbase with record $139bn volume: ‘We’ve got the biggest traders’
Crypto.com is now the world’s second-biggest crypto exchange. The firm said the big traders it attracted have boosted its volume. Crypto.com is set to register $139 billion worth of trades in October, ...
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Hong Kong poised to approve more crypto exchanges in regulatory push
A batch of crypto exchange platforms could be granted service licences in Hong Kong before 2025. Increased regulatory scrutiny has pushed some major exchanges to withdraw applications. Hong Kong’s ...
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Why the UK won’t see crypto rules soon — and that’s a good thing, says Gemini EU CEO
The UK crypto industry anxiously awaits new rules. Crypto users increasingly want good rules. A version of this story appeared in our The Guidance newsletter on October 28. Sign up here. The UK lags ...
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The Trump boys, a campaign donor, and a ‘dirtbag of the internet’ — meet the operators of World Liberty Financial
Family and close friends helm Donald Trump’s DeFi project. World Liberty started its token sale Tuesday. Venture triggers controversy and doubt. Donald Trump’s embrace of crypto is complete. A onetime ...
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DYdX, Kraken add to crypto’s bloody week after Consensys layoffs
DYdX and Consensys laid off 35% and 20% of their workforces respectively. But the crypto hiring market is hot, buoyed by the expectation Bitcoin will hit a new all-time high by year’s end. A pair of ...
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Can the $12bn rollup token market break its 2024 slump?
Major rollup tokens have fallen sharply in 2024 despite a rally in the broader crypto market. Analysts blame token unlocks and sell pressure. It could take years for that dynamic to change, though a ...
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How Coinbase’s Base dethroned Arbitrum as top Ethereum layer 2
Coinbase’s Base just became the biggest layer 2, with over $2.4 billion in DeFi deposits. Layer 2s are separate blockchains built on top of the main Ethereum network. They are designed to offer faster ...