Crypto News
Fortnite-Like Game ‘OpenSeason’ Is Burning 82% of Its Token Supply—Here’s Why
The makers of crypto shooter OpenSeason said they "accidentally" burned the tokens from a competition—but it's only the start of the burn.Source link
AI Companions Could Fuel Radicalization Among Lonely Young Men, Ex-Google CEO Warns
While AI offers significant opportunities, its risks for younger, impressionable users should be addressed, particularly among men.Source link
XRP’s Meteoric Rise Overshadowed by XLM’s Stunning 483% Surge
XLM has significantly outperformed XRP in the past 30 days, despite having a lower market capitalization. XRP Rises on Investor Optimism While XRP has surpassed tether (USDT) to become the third-largest digital asset, its performance over 30 days trailed behind its perceived rival, XLM. According to data from Coingecko, the U.S. dollar value of XLMSource link
‘Astonishing’ XRP Surge Driven by Regulatory Hopes, ETF Speculation: Analysts
Whether it’s SEC Chair Gary Gensler’s departure or ETF speculation, analysts see several post-election factors behind XRP’s spike.Source link
Polymarket Retains Loyal User Base a Month After Election, Data Shows
During the dog days of summer, Polymarket’s election betting surged on (correct) speculation that the Democrats would make a "hot swap" of Joe Biden for Kamala Harris as their presidential candidate. Trading volume grew and grew through the fall. All along, doubts lingered about whether the platform’s trader base would hold steady after the ballots were cast.On Election Day, the research arm of gaming and VC giant Animoca put out a report with a bold prediction: there's nothing for Polymarket to worry about. The crypto-based prediction market, according to the report, had a significant base of non-election bettors to carry it through.Naturally, there would be smaller numbers – what can be as captivating as a political face-off involving Donald Trump?...