Author: CryptoHoppers
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Polymarket set to launch new resolution and rewards system after Zelensky suit dispute
Key Takeaways Polymarket will introduce a 4% annualized Holding Reward for election prediction market positions. A new resolution and rewards system with a 1-click migration feature will launch in 2025. Share this article Polymarket, a prominent prediction market platform, plans to implement a new reward and oracle-resolution system later this year, according to a recent update from the 2028 Election Holding Rewards program.The upcoming system is designed to improve long-term pricing accuracy, reduce disputes over ambiguous market outcomes, and simplify user participation. Once the new infrastructure is live, users will be able to migrate with a single click to the…
GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto
Key Takeaways:The U.S. House has passed the bipartisan GENIUS Act, a landmark bill creating a regulatory framework for stablecoins.The legislation now awaits presidential approval and is seen as a major push to establish the U.S. as a global crypto leader.The bill mandates full reserve backing and monthly transparency for stablecoin issuers, reshaping the digital dollar landscape.As momentum builds in Washington, the cryptocurrency sector has just witnessed a historic moment. The U.S. House of Representatives has passed the long-anticipated GENIUS Act, a sweeping piece of legislation that could finally bring clarity and structure to stablecoin regulation and potentially establish the United…
TLDR: Windtree plans to hold BNB and Osprey BNB Chain Trust shares with $60M funding. The deal includes a potential $200M total investment led by Build and Build Corp. If approved, it marks the first BNB exposure by a U.S.-listed public company. BNB sentiment and trading activity surged following Windtree’s strategic announcement. Windtree Therapeutics has made crypto history. The U.S.-listed biotech firm is diving deep into the digital asset space. With a $60 million investment deal led by Build and Build Corp, Windtree is launching a BNB-based crypto treasury strategy. It could secure up to $200 million in total funding. …
$10.7 trillion Charles Schwab to launch spot Bitcoin, Ether trading, eyes stablecoin market entry
Key Takeaways Charles Schwab, a major investment management firm with $10.7 trillion in assets, is set to launch Bitcoin and Ethereum trading services. The company describes the upcoming crypto trading launch as a ‘meaningful growth driver’ for its business. Share this article Charles Schwab, the leading US brokerage firm with $10.7 trillion under management, plans to roll out spot Bitcoin and Ethereum trading, said CEO Rick Wurster on an earnings call with analysts, first reported by Bloomberg.Wurster expects that both Bitcoin and Ethereum will become meaningful long-term growth drivers for the company, which reports strong earnings for the second quarter…
What is AI16Z – AMBCrypto
Tech and crypto folks were recently scratching their heads over the term “ai16z.” Did the venture capital giant Andreessen Horowitz (a16z) launch a new AI-focused fund? Turns out, the story’s a bit more complicated: it involved a crypto project’s cheeky hat-tip that forced a name change, plus Andreessen Horowitz’s own serious, major push into AI. The “ai16z” DAO: A Crypto Project’s Journey to ElizaOS Despite what some first thought, Andreessen Horowitz never officially called anything “ai16z.” That name actually belonged to a decentralized autonomous organization (DAO) and crypto project on the Solana blockchain. This venture, complete with an AI agent…
Russia’s largest bank Sberbank to roll out Bitcoin, crypto custody services to catch up with global banks
Key Takeaways Sberbank, Russia’s largest bank, plans to launch custody services for crypto assets. The initiative aligns with Russia’s evolving regulatory stance, aiming to ensure the safety and accessibility of digital assets. Share this article Sberbank, Russia’s biggest bank, revealed plans to offer custody services for crypto assets, positioning itself at the center of the country’s digital asset push, according to a new report from Reuters.The state-owned bank’s initiative follows Russia’s central bank softening its stance on crypto assets, supporting legislation last year that permits businesses to use digital currencies in international trade as a way to navigate Western sanctions…
Key NotesBitcoin developers propose freezing coins vulnerable to quantum attacks.The move could impact Satoshi Nakamoto’s untouched wallet.Proposal introduces phased upgrades to enforce quantum-resistant security. A new Bitcoin BTC $118 131 24h volatility: 1.1% Market cap: $2.35 T Vol. 24h: $79.77 B draft proposal aims to do the unthinkable: freezing coins secured by legacy cryptography to guard against future quantum threats. If Bitcoin developers move forward with this proposal, it could potentially affect the untouched coins in the wallet of Satoshi Nakamoto, the anonymous creator of Bitcoin. Three Phases of the Bitcoin Draft Proposal Bitcoin developers aim to freeze these coins…
Bonk, the memecoin on Solana, continues to post an impressive run, with its price up 15% and leading the top 100 cryptocurrencies over the past 24 hours. The uptick for Bonk (BONK) comes as the memecoin’srally pushes its price up over 113% in the past month. The Solana (SOL)-based token has gained more than 61% in the past week, rising from lows of $0.000019 to highs of $0.000034. As crypto.news highlighted on Tuesday, Bonk has the potential to move higher given the broader altcoin market outlook. Bonk gains as open interest jumps 25% The memecoin traded at lows of $0.000012…
Key Takeaways Trump Media filed trademarks for Truth Social AI and Truth Social AI Search to expand artificial intelligence capabilities. AI functionality will be integrated across Truth Social’s mobile apps and web platform. Share this article Trump Media & Technology Group (TMTG), the President Donald Trump-linked entity behind the social media platform Truth Social, announced Wednesday that it had filed trademark applications for “Truth Social AI” and “Truth Social AI Search” as part of its plans to develop artificial intelligence capabilities for its social media platform.The AI functionality will be integrated into Truth Social’s iOS and Android mobile apps as…