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A routine $10,000 prediction market on Polymarket covering Sunday’s NASCAR Cup Series race erupted into a dispute in UMA’s history after the oracle rejected an early settlement proposal, despite it being accurate.
As reported by the X user known as Domer on July 24, the clash has revived questions about how UMA’s optimistic‑oracle process balances speed, clarity, and fairness.
How a $10k market...
The cohort of publicly traded companies with holdings of at least 1,000 Bitcoin (BTC) has surged from 24 at the end of the first quarter to 35 as of July 25, representing a nearly 50% increase.
According to new figures released by Chris Kuiper, vice president of research at Fidelity Digital Assets, the growth pushes the group’s combined stash to almost 900,000 BTC, edging it toward the symbolic 1...
Gemini co‑founder Tyler Winklevoss said JPMorgan froze the crypto exchange’s effort to regain banking services after he accused “banksters” of trying to strangle fintech and crypto firms.
In a thread on July 25, Winklevoss claimed the bank told Gemini that his earlier tweet had prompted a pause in re‑onboarding, an effort underway since JPMorgan off‑boarded the company during what he calls “...
PENGU has climbed 151% in July, a rally driven by accumulation from public figures and whales, community momentum, viral marketing, and expanding liquidity.
The token is currently trading at $0.036955, with a 1.6% daily correction as of press time.
Nicolai Søndergaard, a research analyst at Nansen, stated that public figures have accumulated over the past 90 days and now hold a combined 315...
Venture capital firm Dragonfly said Friday that the U.S. government is weighing potential charges over its 2020 investment in PepperSec, the developer of Tornado Cash, marking a rare instance where federal prosecutors may target a venture investor for backing a crypto project.
In a detailed statement, Dragonfly managing partner Haseeb Qureshi called the prospect of such charges “outrageous” and...
Bettors on the Polygon-based prediction market Polymarket are assigning a 96.3% probability that the Federal Reserve leaves interest rates unchanged at its July 29–30 meeting, according to the platform’s contract covering the decision.
On top of the percentage of bets on “no change,” the platform’s dashboard shows 3% betting on a 25‑basis‑point cut, and less than 1% betting on either a larger...
Bitcoin’s long-standing four-year cycle, once a dominant framework for predicting price movements, is beginning to lose its influence, according to Bitwise CIO Matt Hougan.
In a July 25 post on X, Hougan pointed out that the maturing nature of the crypto market, coupled with rising institutional involvement, is weakening the forces that historically shaped Bitcoin’s cyclical behavior.
Why Bitcoin...
Between July 21 and 25, the total stablecoin market cap increased by $4.505 billion to reach $265.22 billion, a 1.73% expansion. Over the same timeframe, total value locked (TVL) in DeFi dropped from $140.804 billion to $135.934 billion, a 3.46% drawdown.
While the rise in stablecoin supply could be interpreted as a sign of incoming capital, the simultaneous drop in DeFi TVL tells us that the new...
Justin Sun, founder of the Tron blockchain, has set an ambitious goal for Tron Inc. to join the Nasdaq 100 index within the next three years.
In a July 25 post on X (formerly Twitter), Sun revealed that Tron Inc. is actively working toward qualifying for inclusion in the tech-heavy index, which features companies like Apple, Google, and Nvidia.
According to him:
“The Nasdaq [listing] is just the...
Bitcoin has fallen sharply over the past 24 hours, dipping nearly 3% to around $115,376, its lowest point in two weeks.
According to CryptoSlate’s data, the decline follows a recent peak of around $119,291 on July 24, wiping out close to $4,000 in value during the past day.
The sudden drop is likely tied to large Bitcoin holders taking generational profits.
Blockchain analysis platform...