As a researcher, I’m sharing an update about Polymarket, a predictions market platform. There are signs that its operation might be discontinued in Thailand due to the Thai authorities taking action against cryptocurrency-based gambling operations. Thailand’s cyber law enforcement is intending to close down the predictions market, Polymarket, as it reportedly breaches the nation’s gambling … Read more
As a researcher examining this case, I’ve come across an interesting development: A resident of Yakutia, Russia, was recently handed a seven-year prison sentence due to providing financial support to the Ukrainian Armed Forces. The means through which this support was delivered? Cryptocurrencies, transferred directly to their account. As reported by the Russian news outlet … Read more
After meeting with Binance co-founder CZ and representatives from the Abu Dhabi government, Anwar Ibrahim, Prime Minister of Malaysia, expresses interest in investigating policies regarding cryptocurrency and blockchain technology. Based on an article from New Straits Times, Ibrahim has come back to Malaysia following a three-day trip to Abu Dhabi, intending to initiate strategies concerning … Read more
On January 15th, the value of XDC, the indigenous cryptocurrency for the layer-1 blockchain network, reached an impressive 39-month peak following its breakthrough of a crucial resistance threshold due to a recently announced collaboration. Today, XDC Network (XDC) experienced a significant surge of approximately 22%, reaching a price point of $0.1231. As per data from … Read more
The value of the cryptocurrency market increased by 2.29% to reach approximately $3.36 trillion, as markets bounced back. This surge was largely fueled by Bitcoin (BTC), which surpassed $97,000, marking a rise of more than 2% within the last day. Earlier in the week, Bitcoin dipped below $90,000, causing market turbulence and a significant drop … Read more