Business

A Polymarket-linked bet on the weather in France predicts a major data problem

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A few weeks ago, abnormal temperature increases at a Météo-France station near Paris-Charles de Gaulle (CDG) triggered a criminal complaint and an investigation. According to French media reports, the readings were linked to Polymarket bets that generated tens of thousands of dollars in winnings. Whether the full mechanics are ultimately proven exactly as suspected is […]

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Coinbase (COIN) Launches Tokenized Stablecoin Credit Fund on Solana, Ethereum, Base

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Coinbase’s ( COIN ) asset management arm said Thursday it is rolling out a credit fund tied to the stablecoin markets, with plans to offer investors onchain access through a tokenized share class. The fund, called the Coinbase Stablecoin Credit Strategy (CUSHY), targets institutional investors seeking returns from lending activity linked to digital assets. Investors

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Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction

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AllUnity, a joint venture backed by DWS, Flow Traders and Galaxy Digital (GLXY), took its euro-backed stablecoin, EURAU, to the Solana blockchain, extending the token’s reach to a high-speed network often used for payments and commerce. EURAU, which debuted last July on Ethereum, is fully reserved and issued under a regulated e-money framework aligned with

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Seasonal trends favor bulls, even as BTC price ends April in a defensive mood: Crypto Daily

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Bitcoin BTC$76,090.41 is on the defensive as April draws to a close, although seasonal trends suggest any pullback could prove short-lived, potentially paving the way for a renewed move higher in the coming weeks. Data dating back to 2013 shows that May tends to be a bullish month for the largest cryptocurrency, with gains in

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XO Market bets on user-generated prediction markets to compete with Polymarket and Kalshi

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*** NOT FOR PUBLICATION – NOTED TO 05.00 ET APRIL 30 **** XO Market is betting that the future of prediction markets will not be dictated by centralized teams that decide what people can trade, but by the users themselves. The startup, which just closed a $6 million seed round led by 20VC, Picus Capital,

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Dogecoin zooms 10% on breakaway from bitcoin as open interest reaches one year

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DOGE$0.1067 traders are taking risks and sending the token’s price significantly higher, even as the rally in market leader bitcoin BTC$76,075.38 stalls. This is evident in the futures market, where open interest in DOGE futures has risen to 15.36 billion tokens, the highest level this year, according to Coinglass. Open interest (OI) refers to the

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