Category: crypto
-

Beyond stablecoins, what’s fueling the tokenized RWA $30T explosion? Insights from Polygon Labs
Slate Sundays features in-depth interviews and analysis on tokenized real-world assets (RWAs) in the crypto market. The industry is growing rapidly, led by stablecoins like Ethereum. Despite technical advancements, challenges like regulatory hurdles and liquidity bottlenecks remain. The U.S., Singapore, Europe, and the Middle East are leading in regulatory preparation for the sector. Idle capital…
-

Ethereum founder Vitalik Buterin calls ‘AI governance’ a “bad idea”
Vitalik Buterin criticizes the use of AI for governance, citing potential flaws in security. Eito Miyamura highlighted a vulnerability in ChatGPT that allows for data exploitation. Buterin proposes an alternative approach called info finance, which involves an open market for model contributions with spot checks by human jurors. He warns against the risks of using…
-

$7.5T in US money market funds could soon be seeking a new home
$7.5 trillion is now parked in U.S. money market funds, a record high that traders are closely watching as the Fed prepares to cut rates. This massive amount of cash could flood into risk assets like tech stocks and Bitcoin, signaling a shift in the market landscape with potential for significant gains.
-

23 cents of every tax dollar goes to pay interest on U.S. debt
The United States is facing a fiscal crisis with its debt exceeding $37.43 trillion. Interest payments on this debt consume a significant portion of tax revenue. Despite record-breaking tariff revenues, the debt continues to grow, leading to increased interest costs. Alternative stores of value like Bitcoin and gold are gaining popularity as fiscal concerns mount.
-

he says millions of others will make the same mistakes
The host of The Exit Manual, Julian Figueroa, lost 14 BTC, worth $1.6 million, due to common mistakes in Bitcoin security such as day trading, chasing altcoin hype, and trusting centralized exchanges. Other notable losses in the industry highlight the importance of personal accountability and self-custody in Bitcoin security to avoid financial pitfalls.
-

Why Wall Street is ‘out of step’ with the real economy
Despite the ongoing rally in financial markets, warnings from investors suggest that Wall Street is ignoring cracks in the U.S. job market and real economy. History shows that when job data weakens, stock prices eventually plummet, leading to sharp corrections and recessions. The current disconnect between market optimism and economic reality may not be sustainable,…
-

Is the Fed’s upcoming rate cut a ‘huge mistake’?
The Federal Reserve is expected to cut interest rates to stimulate the economy, causing excitement among crypto traders but concern for economist Peter Schiff. He believes the rate cut is a mistake that could lead to inflation and a weaker dollar. Others see it as necessary to support the labor market and prevent a recession.
-

Polymarket seeking funding round that could surge its valuation to $10B
Prediction market Polymarket is seeking new funding that could increase its valuation to $10 billion, representing a significant increase from its previous $1 billion valuation. Strategic developments, including regulatory approvals and high-profile advisory board additions, are positioning Polymarket for a US comeback despite a recent slump in user growth.
-

REX-Osprey Solana ETF crosses $200M milestone as SOL hits seven-month high
The REX-Osprey Solana staking ETF (SSK) exceeded $200 million in cumulative flows for the first time on Sept. 11, driven by Solana’s strong performance. Despite initial struggles, institutional sentiment towards Solana-focused products shifted in late August, with significant inflows seen in Solana exchange-traded products. This institutional interest coincided with Solana’s growth in the DeFi ecosystem,…
-

Polygon Labs partners with Cypher Capital to boost institutional access in the Middle East
Polygon Labs has partnered with Cypher Capital to increase institutional access to POL, the asset powering the Polygon blockchain in the Middle East. The initiative aims to bring professional investors into direct engagement with Polygon’s infrastructure, offering real yield and structured opportunities. Cypher Capital will help navigate regulatory and capital markets.