Polymarket Scans for US Users as Election Odds Favour Trump
The Polymarket platform is verifying that whales who are placing bets on the US presidential election are located overseas, as US users are prohibited from using the platform. A person familiar with the matter stated in a report from Bloomberg on Oct. 22 that Polymarket is currently re-checking the details of users of its platform, […]
Ethereum blob fees soar: What are the implications for L2s?
The price of Ethereum blob fees momentarily increased to $4.52 as a result of a sudden surge in the number of Scroll airdrop claims. The cost of Ethereum blob fees momentarily reached $4.52 due to a frenzy of airdrop claims for a new Ethereum layer-2 network called Scroll . This is the third instance in […]
Meta Tests Use of Facial Recognition to Fight Fake Celeb Ads
Meta will evaluate the facial recognition technology on 50,000 public figures and celebrities in order to reduce the prevalence of deepfake celebrity ad scams. Meta , a social networking company with nearly 4 billion users, is currently conducting a test to determine the feasibility of utilizing facial recognition technology to address the issue of fake […]
Tesla Still Owns $780M in Bitcoin Despite Shuffle-Arkham
Tesla’s substantial Bitcoin transfers triggered concerns regarding a market crash; however, Arkham’s data indicates that the assets are still under the company’s control. According to a blockchain analytics firm, Tesla, an electric car manufacturer, will likely retain ownership of its entire Bitcoin hoard, valued at $780 million, even though the funds were transferred to unidentified […]
Ripple CEO Backs John Deaton To Unseat Senator Warren
Brad Garlinghouse, Ripple CEO, has endorsed John Deaton for the Massachusetts Senate, thereby challenging Elizabeth Warren’s crypto stance. Brad Garlinghouse, Ripple CEO, has expressed his support for John Deaton, a pro-XRP lawyer, in his campaign to unseat Senator Elizabeth Warren in the Massachusetts Senate election. Garlinghouse commended Deaton for supporting the crypto community, notably the […]