Category: crypto

Polymarket is opening a free grocery store in NYC on Feb. 12, with $1 million donated to Food Bank For New York City. The initiative aims to address food insecurity and support the community. This move follows a partnership with Major League Soccer and regulatory challenges in Nevada.

In January, crypto VC deals decreased by 15%, but funding increased by 61% to $14.57 billion. Major investments included BitGo’s IPO, Fireblocks’ acquisition of TRES Finance, and Ripple’s partnership with LMAX Group. Investments were made in DeFi, exchanges, and SOL-backed credit, reflecting a trend towards institutionalization in the crypto market.

xAI, Elon Musk’s AI company, is hiring a crypto finance expert to train AI trading models in DeFi, derivatives, and MEV, paying $45-$100 per hour. The role focuses on annotating and critiquing models, not executing trades. Candidates need expertise in on-chain analysis, DeFi, derivatives, and high-volatility risk management.

Cboe Global Markets is in discussions to reintroduce binary options contracts for retail investors to compete with crypto prediction markets like Polymarket. The exchange aims to offer regulated, centrally cleared fixed-return contracts focusing on financial markets. Polymarket has achieved high accuracy in predictions, driving significant volume. Cboe hopes to replicate this success with institutional infrastructure.

Vitalik Buterin suggests a hard reset of Ethereum governance with a two-layer model combining prediction markets and anonymous, non-token voting for increased accountability. He argues for a split between execution and preference-setting layers, emphasizing the need for market-driven mechanisms and zk-powered voting. This proposal comes amid fluctuating cryptocurrency prices and Ethereum’s focus on scalability and…

Boomer investors added $500m to spot Bitcoin ETFs despite a $1.7b outflow streak and negative 2025 flows, keeping Bitcoin near $78k. Baby boomers are treating Bitcoin as a long-term asset. The move highlights a maturing investor base. Bitcoin, Ethereum, and Solana prices remain volatile due to ETFs, macro risk sentiment, and thinning liquidity. Older investors…

Bitcoin experienced a sharp decline after $1.5 billion in leveraged long positions were liquidated, causing a liquidity squeeze and pushing prices down over 13%. Institutional flows, market participation, and media attention decreased across the crypto sector. The market is facing the most severe short-term drawdowns since late 2025.

Flare launches modular XRP lending via Morpho, allowing FXRP holders to earn yield and borrow stablecoins. Mystic interface enables permissionless lending on Flare, expanding XRPFi ecosystem. Users can loop capital across staking, lending, and borrowing with risk-isolated modular markets. Flare aims to transform XRP into a productive asset through DeFi utility.

OG has launched a new prediction market app where users can trade CFTC-regulated sports, finance, and cultural events. The first 1 million users can earn up to $500 while trading real-world event outcomes. The app combines trading, social engagement, and leaderboards, offering a new way to participate in predictions.

Bitcoin hit a low of $73,000, the lowest since 2025, down more than 15% for the year. Trump’s tariff comments and Kevin Warsh’s Fed Chair nomination impacted the market. Gold recovered after a decline, while silver surged. Bitcoin’s drop of over 6% followed a broader crypto slump. Support at $65,000 is key.