Markets news
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Polymarket Hires Ex-Zora CEO for Onchain Product Push
Polymarket has hired former Zora CEO Jacob Horne to work on product with an emphasis on its DeFi offering, as CEO Shayne Coplan acknowledged that the performance of the prediction market’s onchain product has “waned” while the company scaled. Coplan said some longtime users believed Polymarket...
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X Adds US 'Trade' Button to Cashtags With Coinbase, Kraken and Gemini
X launched a U.S. Cashtag Partner Program on Sept. 15 that connects supported stock, ETF and cryptocurrency pages to Coinbase, Kraken, Gemini, Interactive Brokers and Moomoo. The new “Trade” option does not execute a transaction on X. A user taps a Cashtag to see its price chart and related...
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Tenka Announces Pre-Seed Round Led by Maven 11 to Build Market Infrastructure for Asset-Backed Finance
Tenka has closed its pre-seed round to build the market infrastructure that connects the origination of asset-backed finance with a secondary market, giving investors a credible route to liquidity before maturity without changing the terms of the underlying loans. London, England, September 17,......
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The Next Bull Run Could Be One Big Airdrop Away
If you used Uniswap just once before September 2020, even for a failed transaction, you woke up exactly six years ago today to 400 UNI sitting in your wallet, worth about $1,200. Fourteen months after that $450 million airdrop, total crypto market capitalization had surged from roughly $350...
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U.S. OFAC and DOJ Join Forces to Crack Down on Xinbi Guarantee, Restricting More Than $52 Million…
U.S. OFAC and DOJ Join Forces to Crack Down on Xinbi Guarantee, Restricting More Than $52 Million in Crypto Assets On September 9, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the U.S. Department of Justice (DOJ) announced coordinated enforcement actions against...