Prediction markets reflect ‘wisdom of an informed minority,’ not crowd: Study
About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses.
Western Union eyes May for its stablecoin USDPT rollout
Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core money movement platform going forward.
Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’
More than $21 million in contributions has been made to the “DeFi United” relief effort so far, with another $215 million to be potentially allocated if certain governance proposals succeed.
‘Historical average’ could push Bitcoin bottom at $57K level: Analyst
Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level.
Strategy’s Michael Saylor again hints at impending BTC purchase
The biggest Bitcoin treasury company’s data shows holdings are profitable, having gained about 3.3% amid Bitcoin’s rally to about $78,000.
Litecoin gives post-attack update, but other devs doubt zero-day theory
Valid transactions that occurred during the affected blocks were not impacted and remain on the main chain, the Litecoin development team said.
Ethereum Foundation unstakes 17K ETH after nearing 70K staked ETH milestone
The Ethereum Foundation unstaked over 17,000 ETH worth $40M shortly after approaching its 70,000 ETH staking target.
Trump’s official memecoin extends slide as he hosts exclusive investor gala
TRUMP memecoin fell nearly 10% in 24 hours despite a Mar-a-Lago investor gala, with the token still down over 96% from its peak.
US DOJ sentences man to 70 months in prison for role in $263M scam group
The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.
Bitcoiners cast doubt on the US military’s understanding of the network
Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo’s Senate testimony on Tuesday sounded like it was written by an “intern.”