Crypto News
‘Economically Useless’: Paul Krugman Blasts Trump, Vance for Backing Bitcoin
The prominent economist thinks Trump’s Bitcoin stockpile pitch is just a bailout for a “value-destroying” industry.Source link
DraftKings Kills Fantasy Sports NFT Business Amid Class Action Lawsuit
DraftKings' NFT-powered fantasy experience is meeting an abrupt end alongside its dedicated marketplace on Ethereum scaler Polygon.Source link
SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used the funds for personal expenses. He attempted to evade regulatory scrutiny by portraying Bitclout as decentralizedSource link
Substack Adds Live Polymarket Odds as Wagers Skyrocket
Substack publishers can integrate Polymarket into their content, as the prediction market launches its own news product on the platform.Source link
California DMV Puts 42M Car Titles on the Avalanche Network in Digitization Push
The service, developed by Oxhead Alpha, will let users transfer vehicle titles in minutes without going to an office versus the two weeks in the traditional system.Source link