Cryptocurrency prediction market Polymarket has had quite the summer, pouring hundreds of millions of dollars worth of bets into questions related to the 2024 US presidential election. Recent developments seem to be testing Polymarket’s accuracy compared to polling.Over the past few days, former President Donald Trump has again hit a new high on the site to win the White House in November, the first time since Kamala Harris entered the race. He currently has a 53% lead, while Harris has a 47% lead.President Trump overtook Harris earlier this week, and the gap has only widened.But traditional polls show Harris still…
Author: Crypto Flexs
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After about 6 months of downtrend, AVAX price seems to be in the early stages of a trend reversal. On August 5, it was trading at a 9-month low of $17.29. In the past two weeks, the altcoin has gained 45%, reversing to $25.25. AVAX’s plunge below $18 followed the same pattern as most altcoins during Bitcoin’s (BTC) correction to $49,500 on August 18, but AVAX has lagged the broader market since peaking at $65 on March 18. Positive news may be partly responsible for the recent rise in AVAX prices. This week, AVAX investors have focused on the Avalanche…
According to an unsealed indictment, Michelle Bond, a partner of former FTX executive Ryan Salame, is accused of violating U.S. campaign finance laws. Former congressional candidate Michelle Bond, who ran unsuccessfully for a seat in the New York House of Representatives in 2022, has been accused of financing her campaign from a cryptocurrency exchange in the Bahamas. According to documents released Aug. 22, Damien Williams, the U.S. attorney for the Southern District of New York, alleged that Bond funneled at least $400,000 in illegal funds to her candidacy through “numerical consulting arrangements.” Bond was already associated with Salameh at the…
After about 6 months of downtrend, AVAX price seems to be in the early stages of a trend reversal. On August 5, it was trading at a 9-month low of $17.29. In the past two weeks, the altcoin has gained 45%, reversing to $25.25. AVAX’s plunge below $18 followed the same pattern as most altcoins during Bitcoin’s (BTC) correction to $49,500 on August 18, but AVAX has lagged the broader market since peaking at $65 on March 18. Positive news may be partly responsible for the recent rise in AVAX prices. This week, AVAX investors have focused on the Avalanche…
The U.S. Securities and Exchange Commission has argued that it has jurisdiction to pursue the case in response to Hex founder Richard Hart’s attempt to dismiss a lawsuit filed against him.The regulator argued that Heart’s motion to dismiss should be denied, according to a document the agency filed in the U.S. District Court for the Eastern District of New York, dated July 8 but made public only Thursday. “Hart ignored the complaint’s well-argued arguments and the applicable law in his motion asking the court to dismiss all claims against him,” SEC attorneys said in the filing. The SEC sued Richard…
Polygon (MATIC) Labs Hires DeFi Lead New leader Daniel Oon promises to lead Polygon DeFi to the “forefront” of innovation. Oon has extensive experience in major projects. Last year, Polygon (MATIC) Labs’ executive team underwent a significant shakeup due to the departure of the founder and changes in roles. The most recent shakeup took place in May 2024, when the company’s DeFi head, Jack Melnick, switched ship to join Berachain. Three months later, Polygon (MATIC) Labs now has a replacement. Polygon (MATIC) Labs Joins Daniel Oon DeFi Reins Daniel Oon has left Algorand to join Polygon (MATIC) Labs as Head…
Timothy Morano 22 Aug 2024 18:08 GitHub has been named a Leader in Gartner’s first-ever Magic Quadrant for AI Code Assistants, recognizing its commitment to excellence and innovation. According to the GitHub blog, GitHub has been named a Leader in Gartner’s first Magic Quadrant for AI Code Assistants, highlighting GitHub’s significant work in the AI-powered software development space. GitHub’s vision and achievements GitHub Copilot, the company’s flagship AI code assistant, aims to enhance developers’ creativity by integrating generative AI into their workflows. With over 77,000 organizations and millions of developers using GitHub Copilot, the…
BitPay and THORSwap are excited to announce a groundbreaking integration that will enhance the crypto swapping experience for BitPay Wallet users everywhere. We have officially integrated THORSwap into the BitPay app, enabling thousands of cross-chain swapping pairs.Why Swap with BitPay + THORSwap?Best prices, transparent feesTHORSwap aggregates swap offers from multiple decentralized exchanges like Uniswap, 1Inch, and SushiSwap to provide the most competitive prices.Swap slippage customizationChange the slippage default settings to perform ideal swaps. Thousands of cross-chain swapsChoose from thousands of swap pairs across the most popular chains including Bitcoin, Ethereum, Arbitrage, Dogecoin, Bitcoin Cash, Bitcoin, and more.Self-custody swaps are alwaysYou…
The Bitcoin (BTC) price has rebounded more than 22% from its August 5 low of $49,557, and analysts believe on-chain and technical indicators suggest the recovery is continuing. Bitcoin Exchange Supply PlummetsThe potential rally in Bitcoin over the next few weeks is evidenced by on-chain data tracking BTC supply on exchanges (blue waves in the chart below).As of August 23, centralized cryptocurrency exchanges held around 2.68 million BTC, down 11% from the 3.011 million BTC on January 1. This came as Bitcoin’s value rose 43% since the beginning of the year. Bitcoin holdings on exchanges. Source: CryptoQuantThe decrease in supply…
The rapid development of blockchain technology is revolutionizing many fields, but it also presents its own challenges. Developers and enterprises often face the complexity of selecting and managing blockchain infrastructure.Crestal Network provides a comprehensive solution that changes this environment and addresses the fundamental challenges of Web3 development.Navigating Complexity with an Intent-Based MarketplaceBlockchain infrastructure can be daunting due to the technical complexity and the sheer number of options available. Crestal simplifies this complexity with an innovative intent-based marketplace. The platform allows builders to interact with an AI design assistant to understand their specific needs and preferences. Crestal uses advanced algorithms to…