Everything web3, crypto, defi, degen
In brief House Republicans have informed current SEC Chair Paul Atkins that they’re investigating the loss of nearly a year of text messages from former Chair Gary Gensler’s smartphone. Last month, the Office of the Inspector General report found IT staff failures and poor policies led to the permanent deletion of messages from October 2022…
In brief President Trump signed an executive order Tuesday directing the NIH to spend $50 million on AI projects aimed at improving childhood cancer research and treatment. The initiative will fund scientific teams to enhance clinical trials, sharpen diagnoses, and develop better therapies using data from the Childhood Cancer Data Initiative. The announcement comes as…
In brief Bitcoin and Ethereum are both roughly flat on the day as Congress races to pass a funding bill before the shutdown deadline. Some 85% percent of Myriad prediction market users expect Bitcoin to see at least 48 red candles before Wednesday noon amid political uncertainty. Ledn’s CIO John Glover remains optimistic, noting that…
With Dogecoin making a comeback late last year and early into 2025, some may be pondering: Where did the asset come from? What’s it for? And what’s Tesla CEO Elon Musk got to do with it? The original meme coin’s boom largely has the world’s richest man to thank. Musk’s obsession with shitposting helped boost the…
In brief Predictors on Myriad now think Bitcoin will hit $105,000 before $125,000. Odds have flipped more than 20% in the last two days, as BTC continues its weekly slide. The asset now sits only about 4% above the $105,000 mark. The recent weakness in Bitcoin’s price has predictors on Myriad feeling bearish about the…
In brief Hyperliquid surges 9.26% to $44.11 as the only top 10 crypto in green while the rest of the market tanks 1.8%. BNB drops 0.14% to $947.55, as the worst performer in top 10 after the Aster-driven spike fades. The Crypto Fear and Greed Index marks the most bearish reading since April. Here’s what…
In brief Tether is reportedly seeking up to $15-20 billion for a 3% stake in its firm. Ark Invest and Softbank are reportedly in discussions to participate in the raise. The raise would value the firm at around $500 billion, making it one of the largest private companies in the world. Tech investors SoftBank Group…
In brief Bitcoin rebounds slightly to $109,300 after dipping below $109,000 late last night. It’s down 1.5% in 24 hours amid August inflation data showing 2.9% year-over-year increase in core inflation. Over $970 million in crypto futures contracts liquidated in past day, with $852 million being long positions betting on price increases. Some 69% of…
In brief The Ohio State Board of Deposit unanimously approved a vendor on Wednesday to process cryptocurrency payments for state fees and services. Secretary of State Frank LaRose said he’s “excited and ready to be the first to provide it to our customers.” The decision follows a broader Ohio crypto legislation push, including proposed Bitcoin…
In brief South Park’s next episode, “Conflict of Interest,” will center on a prediction market app taking over the kids’ school. Real prediction markets like Myriad and Polymarket are letting users bet on which words or topics will appear in the episode, which is set to air tonight. The current season of South Park has…
