WonderFi CEO kidnapped and forced to pay $1M ransom: Report
WonderFi CEO Dean Skurka reportedly said in an email that he is “safe” now and that no company funds and data were impacted. Go to Source
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Polymarket is scanning for US users as election odds skew toward Trump: Report
Donald Trump now has 63.7% odds on Polymarket to win the US presidential election, but voter polls suggest otherwise. Go to Source
Bitcoin miner IREN overstated its compute ability and prospects, says lawsuit
An investor in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects. Go to Source
Bitcoin Halving Events No Longer Drive BTC Price, Report Says
Outlier Ventures’ new report claims the four-year Bitcoin halving cycle “is dead,” arguing that halving events no longer significantly impact bitcoin’s price due to a maturing crypto market. The report suggests the influence of halvings diminished after 2016, with recent price movements driven more by Bitcoin ETFs and macroeconomic factors, such as the post-Covid capital … Read more
Crypto losses to deep fakes could reach $25B in 2024 — Bitget
Criminals are using deep fakes more than ever, causing $79.1 billion in losses since 2022. Go to Source
DeFi Technologies slams ‘defamatory’ report that tanked its stock 28%
The ETP issuer says a Tuesday CoinSnacks report was likely “commissioned by short sellers,” which the crypto-focused newsletter has denied. Go to Source
DTCC, Chainlink complete fund data tokenization pilot with U.S. banks
The pilot program tested a method of bringing traditional finance fund data onto blockchains with big banks JPMorgan and BNY Mellon also involved. Go to Source
Solana sees ‘dramatic increase’ in institutional portfolios: CoinShares
CoinShares found a significant increase in hedge funds and wealth managers survey respondents who have allocated to Solana compared to earlier this year. Go to Source
Digital Canadian dollar fails to impress despite high awareness
People who were aware of CBDCs were more reluctant to adopt the technology when compared to those who didn’t know about it. Go to Source
Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months. Go to Source
