Category: ICO

Coinbase (COIN) Has Recently Held Talks to Buy FTX Europe: Fortune

Derivatives, which are financial contracts that derive their value from an underlying asset such as bitcoin (BTC), can be lucrative for both traders and the exchanges that serve them. FTX Europe, like other European exchanges, offered a range of derivatives products, but it also was the only firm with a license to offer perpetual futures, a highly popular derivatives offering, in that region. It’s those licenses that have attracted attention from several potential buyers, according to Fortune. Crypto exchange Crypto.com and Trek Labs have also expressed interest in FTX Europe,…

Americans (Seemingly) Aren’t Allowed to Put This Economic Theory to the Test

However, all that said, there’s something to the idea that the CFTC is using the levers of regulation to essentially wipe out predictions markets as an industry before it can even get going. There may or may not be something to the psychological and economic theory behind betting markets, but it is significant that a number of academics, corporations and even DARPA have at one point or another seen potential in the idea of crowdsourcing truth. Source

Ether (ETH) Price Under Pressure as Ethereum Blockchain Revenue Plunges, Crypto Turns Inflationary

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Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon

“Over the past 18 months we’ve been investing in this space, we’ve continued to hire, we’ve continued to grow not only our business development and our go-to-market teams but also our product and engineering capabilities,” James Tromans, global head of Web3, Google Cloud, told CoinDesk TV in an interview last week. “We’re really beginning to show that we’re not just fly-by-night and not just here when the time is going well.” Source

Crypto Game Big Time Will Kickoff Its ‘Player-Owned Economy’ Soon

Big Time’s creators, which include the former CEO of Ethereum-based virtual world Decentraland and several former AAA game developers, refer to its “player-owned economy,” where gamers can craft, trade or loot digital wearables and collectables in the form of non-fungible tokens (NFTs), driven by a native Big Time cryptocurrency, as they explore ancient civilizations and futuristic worlds. Source

Sam Bankman-Fried Sort of Had a Rough Day

Yesterday was arguably not a great day for Sam Bankman-Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses*, questioning at least one’s qualifications and saying some others really wouldn’t be relevant to the case. Source