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Polygon warns of threats to decentralization in ongoing dispute with Aave
Ethereum sidechain Polygon has accused Aave of using anti-competitive tactics to muscle out competing DeFi protocols. This is a reaction to the proposal on Aave DAO about whether the leading DeFi protocol should exit the Polygon network. According to a post on Polygon’s official X account, the plan to use bridge funds for yield farming, […]Cryptopolitan
Wed, Dec 18
Cango Inc. acquires 32EH/s Bitcoin miners from Bitmain for $256 million
Cango Inc., a Shanghai-based automotive transaction service platform, announced that it had completed the $256M cash-settled acquisition of on-rack crypto mining machines with 32 EH/s of hashrate from Bitmain.Cryptopolitan
Wed, Dec 18
Pro-crypto Treasury Secretary Bessent to meet with anti-crypto Senator Warren
Scott Bessent, Donald Trump’s pick for Treasury Secretary, will meet Senator Elizabeth Warren later today in a showdown between two people with radically different views on crypto. Bessent, an outspoken advocate for blockchain, is expected to face a grilling from Warren, one of the top haters of crypto in Washington. The meeting is part of […]Cryptopolitan
Wed, Dec 18
Coinbase under fire for linking WBTC delisting to Justin Sun
The crypto community is lashing out against Coinbase’s reasoning for delisting Wrapped Bitcoin (WBTC) after the exchange linked the decision to the “unacceptable risk” associated with Tron founder Justin Sun. On December 17, Coinbase filed a response to a lawsuit from BiT Global, a company affiliated with Sun. The lawsuit accused the exchange of harming […]Cryptopolitan
Wed, Dec 18
Altcoins Set To Skyrocket: Solana Targets $264, Shiba Inu Aims for 163% Rally, AI Coin Aims Higher for 20x Surge
Bitcoin market dominance may decline over the next few weeks as altcoins are ready for another explosive period. The AI coin, IntelMarkets (INTL), is clearly one of the most promisBitcoinist
Wed, Dec 18
Trump’s win boosts El Salvador’s Bitcoin holdings, but hurts president Nayib Bukele’s economic plans
President Donald Trump’s victory handed El Salvador’s Bitcoin experiment its first major win. With Bitcoin surging to an all-time high of $100,000, the government’s crypto stash is now worth over $620 million as of press time. This was a striking reversal of fortune for President Nayib Bukele, who made Bitcoin legal tender in 2021 and […]Cryptopolitan
Wed, Dec 18
MicroStrategy to pause Bitcoin purchases in January
A rumor is spreading that MicroStrategy may stop selling stocks and issuing convertible debt in January, cutting off its usual Bitcoin funding sources. If this happens, it would leave many of its investors, who rely on Michael Saylor’s regular Bitcoin purchases, disappointed. The company’s Bitcoin buying spree has become an expectation, but January might be […]Cryptopolitan
Wed, Dec 18
Semler Scientific’s SMLR now available for options trading, more BTC purchases on the way
The medical device company Semler Scientific has recently introduced options trading for its stock, SMLR. The company’s stock options reportedly showed up on several brokerage accounts. Despite the continued speculation, Semler Scientific has not made any official announcement to confirm the news.Cryptopolitan
Wed, Dec 18
Elizabeth Warren demands Trump answers for Elon Musk’s ‘conflicts of interest’ in the government
Senator Elizabeth Warren wants clarity on the ethical standards applied to billionaire Elon Musk in his role as a top adviser to President-elect Donald Trump’s transition team. In a letter to Trump, Warren emphasized the need for Musk to address potential conflicts of interest if he is to continue advising the incoming administration. The letter […]Cryptopolitan
Wed, Dec 18
