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Crypto News Source: coindesk.com
Fortune Claims Polymarket Is ‘Rife’ With Wash Trading
As much as a third of the prediction market's volume is inflated by traders buying and selling the same shares repeatedly, Fortune reported, citing blockchain researchers. They could be doing it to farm a future airdropped token.Source link
Venn Network Aims to Solve DeFi’s Hacking Problem With More Decentralized Tech
Creator Or Dadosh says Venn creates a "completely new economy" for crypto security.Source link
Ether Gains 2.5%, Primed for More Upside as Negative Sentiment Leads to Dangerous Short Skew
Ether {{ETH}} is primed for a period of upside price action after underperforming against bitcoin {{BTC}} in recent weeks. Skeptics have claimed that the emergence of layer-2 networks has seen Ethereum fall out of favor among DeFi traders, but the data tells a different story.Source link
Coinbase, Visa to Allow Real-Time Crypto Deposits Through Debit Card
Customers of payments giant Visa can now integrate their eligible debit card into their Coinbase accounts and deposit funds, at times instantly, the two firms announced on Tuesday.Source link
BOB Becomes First Bitcoin Layer-2 Project to Join Optimism’s ‘Superchain’
BOB's aim is to create bridges between itself and layer-1 blockchains like Ethereum, with the ultimate goal of making Bitcoin the center of DeFi. Its decision adds to the critical mass of blockchain developers choosing to build on Optimism's OP Stack.Source link