China

Trump Media moves another $205 million in bitcoin as losses on crypto bet swell to $455 million

Trump Media has transferred an additional $205 million in Bitcoin, bringing its total losses from cryptocurrency investments to $455 million. The company, which is linked to former President Donald Trump, has faced significant financial challenges as the value of its crypto holdings continues to decline. This latest transaction raises concerns about the sustainability of its crypto strategy amid ongoing market volatility. The losses highlight the risks associated with investing in digital currencies, especially for companies heavily reliant on them.

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Polymarket team says user funds safe as exploit losses climb above $600K

The Polymarket team has assured users that their funds are safe following a recent exploit that has resulted in losses exceeding $600,000. The platform, which allows users to bet on various outcomes, experienced a vulnerability that led to the unauthorized withdrawal of funds. In response, Polymarket is investigating the

Polymarket seeks Japan entry despite gambling law hurdles: Report

Polymarket, a prediction market platform, is aiming to enter the Japanese market despite facing challenges related to the country's strict gambling laws. The platform's model, which allows users to bet on various outcomes, may conflict with regulations that categorize such activities as gambling. To navigate these

XRP adds 4,300 new wallets in 24 hours, but why is price stuck?

XRP has seen a surge of 4,300 new wallets created within a 24-hour period, indicating growing interest and adoption among users. Despite this increase in wallet activity, the price of XRP remains stagnant, leading to questions about the factors affecting its market performance. Analysts suggest that broader market trends

CoinDesk 20 performance update: NEAR surges 19.4% as index trades flat

NEAR Protocol experienced a significant surge, rising 19.4% in value, while the broader CoinDesk 20 index remained relatively flat. This performance highlights NEAR's strong market momentum compared to other cryptocurrencies in the index. The increase in NEAR's price may be attributed to various factors, including

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Polymarket team says user funds safe as exploit losses climb above $600K

Polymarket seeks Japan entry despite gambling law hurdles: Report

XRP adds 4,300 new wallets in 24 hours, but why is price stuck?

CoinDesk 20 performance update: NEAR surges 19.4% as index trades flat