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High-risk DeFi loans are surging as market sentiment drives demand for leverage
The DeFi analytics platform IntoTheBlock confirmed on November 7 that high-risk DeFi loans had surged due to market sentiment increasing their demand among investors. The DeFi analytics firm still expressed growing concern about volatility within DeFi due to the U.S. presidential elections.Cryptopolitan
Nov 7, 2024
Ethereum ETFs could gain a competitive edge with staking, analyst suggests
Crypto researcher Tom Wan believes that enabling staking for spot Ethereum exchange-traded funds (ETFs) could boost inflows and attract more investors to the digital assets products. The former 21Shares analyst shared this opinion on X (formerly Twitter), noting Ethereum ETFs have yet to live up to their true potential. According to Wan, the assets under […]Cryptopolitan
Nov 7, 2024
The director’s cut of Death Stranding just launched on Xbox Series X/S
After developer Kojima Productions took ownership of the IP, the director's cut of Death Stranding has made an unexpected yet official debut on Xbox Series X/S consoles and Amazon Luma. The surprise launch coincides with the game’s fifth anniversary and will only cost players £18.Cryptopolitan
Nov 7, 2024
Trump’s comeback sends Powell and the Fed back to the drawing board
Federal Reserve Chair Jerome Powell is staring down a whole new economic beast. After months of agonizing over how fast and how far to lower interest rates, Powell’s plan got hijacked the minute Donald Trump clinched his comeback. The president’s back in power, and his big ideas for the U.S. economy have thrown every interest […]Cryptopolitan
Nov 7, 2024
Changpeng ‘CZ’ Zhao: Don’t compare me to SBF, it’s an insult
Changpeng Zhao, better known as CZ, the man who built Binance from the ground up, doesn’t want his name anywhere near Sam Bankman-Fried’s. In his own words, comparing him to SBF, the convicted founder of FTX, is like “comparing somebody who’s stealing money versus somebody who failed to register a company.” CZ, blunt as always, […]Cryptopolitan
Nov 7, 2024
Latest and upcoming Google offering leaks on Chrome store
Google may have accidentally leaked its latest and upcoming consumer-facing AI model, although the market is now questioning if this was genuine or a deliberate move by the search engine giant. The leak occurred through an unexpected listing on the Chrome Web Store involving an internal review of the project known as Jarvis. Jarvis, which reportedly […]Cryptopolitan
Nov 7, 2024
U.S. SEC goes after Kraken crypto exchange in legal case over crypto regulations
The U.S. Securities and Exchange Commission (SEC) has pursued Kraken by filing a controversial judgment motion. The regulator’s motion seeks judgment in an ongoing case against the crypto exchange with a focus on Kraken’s defense.Cryptopolitan
Nov 7, 2024
Rainwater harvesting could solve AI data centers’ rising water demands
Data centers use a lot of computational power, requiring a steady supply of water to cool the systems. This means that a few queries of ChatGPT cost water worth a bottle. Hence tech companies should look for alternate water sources such as collecting rainwater for the thermal management of data centers.Cryptopolitan
Nov 7, 2024
