Pyth Network Reveals Modernization of Commodity Resolution

Pyth Network announced a significant collaboration with Kalshi focused on modernizing commodity resolution for prediction markets. This partnership aims to ensure reliable resolution beyond traditional market hours, addressing a crucial need for continuous market operations. For more details, see the Pyth Network tweet. This initiative underscores the increasing importance of innovation in prediction markets. The […]

World’s Safest Money Could Go to Zero: Should Bitcoin Investors Worry?

Norway’s $2 trillion wealth fund could one day be worth nothing. The warning came from Nicolai Tangen, the fund’s own CEO, on Tuesday. Tangen spoke at a political conference in Arendal, southern Norway. Markets keep climbing despite mounting risks, he said, and called that abnormal. Norway Wealth Fund CEO Puts a Total Wipeout on the […]

FSB Raids Moscow City Crypto Hub in Major Fraud Bust

Russian authorities disrupted nine foreign-coordinated cryptocurrency channels operating out of the Moscow City business district. Over 20 employees from unregistered crypto exchanges and several couriers were detained for their involvement in the laundering operation. Foreign Crypto Laundering Ring Dismantled Russian authorities recently dismantled a financial laundering ring operating out of the Moscow City business district, […]

J.P. Morgan and CME Group Engage Chainlink for Tokenized

J.P. Morgan recently engaged Chainlink to power a live production tokenized securities trade in collaboration with CME Group. This development, highlighted in a tweet by Chainlink, underscores the growing integration of decentralized technologies in traditional finance. The implications for Chainlink’s market position and the wider adoption of tokenized assets are substantial, especially as more institutions […]