Kalshi to accept USDC Coin Deposits
Following a court victory, Kalshi launched U.S. election outcome contracts on October 7, a historic first for government-authorized prediction markets. The prediction marketplace Kalshi will begin accepting deposits in USD Coin, a popular stablecoin, as the platform revealed on October 28. This comes as the platform competes for customers in front of the elections that […]
Coinbase to Sponsor NBA Team After FTX Collapse
In October, Coinbase announced sponsorships with the Canadian Football League, NBA’s Golden State Warriors, and the Nike Melbourne Marathon Festival. Following FTX’s demise, Coinbase emerged as one of the first US-based cryptocurrency exchanges to venture back into the realm of sports sponsorships. In separate notices published in October, Coinbase announced its cooperation with the Canadian […]
Meta Launches AI Search Engine To Rival Google
Meta Platforms creates an AI search engine to lessen reliance on Google and Bing by providing real-time conversational responses with Meta AI. Meta Platforms is intensifying its focus on artificial intelligence by creating its own AI-powered search engine. This project aims to reduce Meta’s dependence on Google and Microsoft’s Bing, aligning with the growing competition […]
Bitcoin Reaches $70K Amid Rising ETF Inflows
This surge aligns with substantial inflows into Bitcoin exchange-traded funds (ETFs), which have totaled $25.4 billion year-to-date. As the amount of money flowing into Bitcoin exchange-traded funds (ETFs) in the United States continues to increase, the price of Bitcoin has just surpassed $70,000, marking its highest price since June 10 for the cryptocurrency. According to […]
Bitpanda Teams Up With Citi, JPMorgan Amid IPO Talks
Bitpanda is consulting with Citigroup Inc. and JPMorgan Chase & Co., aiming to capitalize on the renewed interest in cryptocurrency. Bitpanda GmbH, a digital asset trading platform based in Vienna and backed by billionaire Peter Thiel, is currently exploring various strategic options, including the potential for an initial public offering (IPO) in Frankfurt. In the […]