Harris Leads Trump on Polymarket as DNC Begins, but They Got Tied Earlier Amid Volatility
Plus, bettors see RFK dropping out by November without a Trump endorsement, and China’s ‘bitcoin ban’ is more complicated than what Justin Sun thinks.Source
Archive for month: August, 2024
Bitcoin Staking Platform Babylon to Start Phased Mainnet Launch This Week
Allnodes, Figment and Galaxy Digital are among the finality providers.Source
Australian Securities Regulator Nabbed More Than 600 Crypto Investment Scams in a Year
The cypro scams amounted to about 9% of the total fake investment platforms taken down in the first year of its investment scam disruption program.Source
Crypto’s Bet on Election Betting Expands to Solana
Perpetuals trading hub Drift protocol is adding a Polymarket-style prediction market – with some DeFi twists.Source
CoinDesk 20 Performance Update: UNI Drops 5.8% as Index Trades Lower
UNI falls 5.8% while NEAR loses 2’8% in mixed performance for CoinDesk 20’s top assets.Source
Bitwise Acquires London-Based ETP Provider ETC Group to Enter Europe
The acquisition of ETC Group’s $1 billion in assets under management takes Bitwise’s AUM above $4.5 billion.Source
Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule
Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it says is an “unconstitutional” amendment to the tax code that would require Americans to disclose the details of certain crypto transactions to the Internal Revenue Service (IRS).Source
Nigeria Planning to Present Law to Tax Crypto by September: Report
Nigeria’s Federal Inland Revenue Service (FIRS) plans to bring a bill for taxing the crypto industry to parliament by September, news outlet Punch Nigeria reported on Saturday.Source
First Mover Americas: XRP Outperforms as Digital Assets Start Week in the Red
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source