A US exchange can list a new prediction market by filing a form saying the contract complies with the law, and start trading the next day. No approval required. Summary Prediction market prices are well calibrated overall: studies of thousands of settled markets find outcomes occurring at close to their implied frequencies, with accuracy that
Update: We’ve released version 1.3.5 including networking hotfix for homestead 1.3.4. Development of Ethereum started in December 2013 when two developers and a college dropout researcher decided to put their heads together and develop this amazing piece of technology. We were later joined by many like-minded individuals. Our first Proof of Concept (PoC) came on February
Stellar gains focus for fast payments, native USDC, Soroban smart contracts, and Sl8 Social wallet features built on XLM. Stellar is returning to market discussion as traders revisit payment-focused blockchain networks. Scopuly said XLM is appearing again across professional trading desks. The renewed focus is tied to Stellar’s long-running role in fast and low-cost transfers.
POSCO International is testing blockchain-based trade finance with LG CNS and Injective. Summary POSCO is testing tokenized receivables created from real trades between overseas subsidiaries and commercial counterparties. LG CNS and Injective support issuance, transfer, compliance controls and settlement on one shared ledger. POSCO plans production use after testing, but has not disclosed performance data
After an additional two months of work after the release of the first python proof of concept release of Serenity, I am pleased to announce that Serenity PoC2 is now available. Although the release continues to be far from a testnet-ready client, much less a production-ready one, PoC2 brings with it a number of important
Bitcoin is likely to stay range-bound, said Jeff Ko, chief analyst at CoinEx, and he points to three reasons the backdrop has calmed. Oil has retreated from last week’s highs after another pause in U.S.-Iran hostilities. The 10-year Treasury yield, approaching 4.7%, is doing part of the Fed’s tightening work on its own. And the
Garden Finance has temporarily taken its application offline after an attacker compromised the off-chain database of an independent solver, leading to the loss of solver-owned digital assets while leaving protocol contracts and user funds unaffected. Summary Garden Finance temporarily took its app offline after an independent solver’s off chain database was compromised, resulting in the
Ethereum’s present reliance on Proof of Work (PoW) mining is not ideal, and while we continue to work with gusto towards a Proof of Stake solution (PoS), we have to live with PoW as gracefully as possible (at least until the eventual switch!). Meanwhile, in the interest of overall network health, mining decentralization and diversity
The Smarter Web Company has sold a portion of its Bitcoin treasury to repay an $11.7 million convertible debt facility held by TOBAM, a move the company frames as a choice for balance-sheet flexibility over equity dilution. The company sold 177.8909127 BTC at an average price of $65,762 to retire the instrument, known as the
Upbit has added Morpho (MORPHO) and Euler (EUL) to its Korean won market, expanding direct KRW trading for two Ethereum-based decentralized lending projects in Korea. Summary Upbit added MORPHO and EUL KRW pairs, giving traders access to two DeFi lending tokens. Euler’s KRW trading launch moved to 2:00 p.m. KST, two hours later than initially
