News
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Polymarket value drops off a cliff after settling its biggest political market
Polymarket lost up to 50% of its value just days after settling its biggest political market. Traders also decreased, as smaller bets did not gain the same exposure, but Polymarket countered with an airdrop offer.Cryptopolitan
Fri, Nov 8
China initiates $1.4 trillion in fiscal support with local government debt swaps
CNBC reported that the widely anticipated China stimulus package announcement at the end of the five-day legislature meeting on Friday was imminent. Analysts suspected that the fiscal magnitude of the fiscal support could increase. Earlier this week, Trump's win actualized threats of harsh tariffs on Chinese goods.Cryptopolitan
Fri, Nov 8
Crypto whales drive NFT activity on BNB chain by over 280% QoQ
Crypto whales have dominated NFT trading activity on the BNB Chain during Q3 2024, despite a decrease in retail participation. According to Messari’s latest quarterly report, the average daily NFT trading volume skyrocketed by 283% quarter-over-quarter. It has reached $600,400 from Q2’s $156,900. Daily NFT sales on BNB Chain show positive momentum The substantial increase […]Cryptopolitan
Fri, Nov 8
Russia’s Putin says he no longer wishes to dethrone the US dollar as he reunites with ‘buddy’ Donald Trump
Russia’s President Vladimir Putin has said he’s dropping his plans to dethrone the almighty U.S. dollar. Why? Because his longtime “buddy,” President Donald Trump, is back on the scene. This bold statement comes just after Trump’s recent victory in the election, and Putin’s about-face has people raising eyebrows around the world. The timing is a […]Cryptopolitan
Fri, Nov 8
Non-technical jobs in Web3: Why companies are paying premium salaries
Non-technical jobs in Web3 are transforming the blockchain industry landscape. While developers and engineers grab the headlines, a surprising shift is happening behind the scenes: 50% of Web3 job openings are now for non-technical roles. From community managers and marketing specialists to project managers and operations leaders, companies are desperately seeking professionals with traditional business […]Cryptopolitan
Fri, Nov 8
Trump’s inner circle: Who’s likely to shape his economic playbook?
Donald Trump’s upcoming administration looks like a masterclass in loyalty and Wall Street pull. With Republicans likely grabbing control of both the Senate and House, the president has every reason to believe his nominees will sail through the confirmation process. No endless hearings, no deadlock, no stalling from the other side. And with over 4,000 […]Cryptopolitan
Fri, Nov 8
Jerome Powell is ready to fight Trump for the Federal Reserve
Jerome Powell is digging in his heels, and he’s not about to let anyone, not even Donald Trump, tell him how to run the Federal Reserve. When asked if he’d step down if the President-Elect told him to, Powell shot back with a simple, “No.” Trump, who’s already had a go at trying to get […]Cryptopolitan
Fri, Nov 8
Ripple’s SEC nightmare may end sooner than expected
Donald Trump’s victory in the US Presidential race has given the crypto industry major hope for a clear and discriminating regulatory approach. Crypto lawyer Fred Rispoli sees Trump’s win as game-changing for Ripple’s legal battle with the commission. The crypto sector’s heavy investment in the 2024 election appears to be paying off, paving the way […]Cryptopolitan
Fri, Nov 8
Private key and phishing “most prevalent,” crypto scams security firm says
Out of all the crypto scams plaguing users, private key theft and phishing are among the most prevalent a blockchain security firm has said. Speaking to Cryptopolitan, a spokesperson for blockchain security firm CertiK said, “Phishing attacks are especially effective because they typically target human vulnerabilities rather than technical ones.” “Attackers often create fake websites […]Cryptopolitan
Fri, Nov 8
Detroit to soon allow tax payments in cryptocurrency
Detroit is set to make history as the largest U.S. city to accept cryptocurrency payments for taxes and municipal fees. This initiative was announced by city officials and will launch in mid-2025 through a secure platform managed by PayPal. Detroit Mayor Mike Duggan emphasized the city’s commitment to technological advancement during the announcement. “Detroit is […]Cryptopolitan
Fri, Nov 8
