News

Polymarket takes down market on missing US pilot after backlash

Polymarket has removed a betting market regarding the whereabouts of a missing U.S. pilot following public backlash. The market, which allowed users to wager on whether the pilot would be found alive, faced criticism for being insensitive and exploitative. The decision to take down the market came after significant outcry on social media and from advocacy groups. Polymarket stated that it aims to foster responsible engagement and will continue to evaluate the appropriateness of its markets.

Read the full article: Coin Telegraph

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

JPMorgan and Mastercard have successfully completed their first cross-border US Treasury transfer using the XRP Ledger, marking a significant milestone in the integration of blockchain technology in traditional finance. This transaction demonstrates the potential for faster and more efficient cross-border payments. The collaboration highlights the growing interest among major financial

Stablecoin adoption to scale on back of ‘very large’ tech firms: Bitwise

Bitwise has reported that the adoption of stablecoins is expected to increase significantly, driven by major technology companies entering the market. These large firms are likely to leverage their existing user bases and infrastructure to promote stablecoin usage. The report highlights that this trend could enhance the legitimacy and acceptance

Aave liquidates Kelp DAO hacker's rsETH positions on Ethereum, Arbitrum

Aave has liquidated the rsETH positions of the Kelp DAO hacker on both the Ethereum and Arbitrum networks. The liquidation occurred after the hacker attempted to exploit vulnerabilities in the Kelp DAO protocol, resulting in the theft of funds. Aave's actions were part of its protocol's

Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger

Ripple and JPMorgan have successfully completed the first cross-border tokenized Treasury redemption using the XRP Ledger. This transaction marks a significant milestone in the integration of blockchain technology with traditional finance, showcasing the potential for faster and more efficient cross-border payments. The collaboration aims to streamline the process of Treasury

Read more

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

Stablecoin adoption to scale on back of ‘very large’ tech firms: Bitwise

Aave liquidates Kelp DAO hacker's rsETH positions on Ethereum, Arbitrum

Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger