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Polymarket vs. Polls: Trump’s Victory Vindicates Prediction Markets

Polymarket vs. Polls: Trump’s Victory Vindicates Prediction MarketsHaseeb Qureshi, managing partner at the VC crypto fund Dragonfly, believes that prediction markets like Polymarket have been vindicated after facing accusations of bias in anticipation of the U.S. election. Qureshi highlights that for-profit market makers are driven by potential earnings, giving them an edge over polls and media, which can be manipulated. ‘Poly-poll’ or […]

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Solana rally follows Bitcoin price as SOL data points to traders’ $200 target

Solana gains alongside Bitcoin’s US election-related rally, and data hints that SOL price could hit $200. 

Solana’s native token SOL (SOL) opened the day with a 5.3% gain to trade slightly above $167. The move accompanied Bitcoin’s (BTC) US election day rally to $70,550, and for many traders, the desired target for SOL rests closer to $200. 

Currently, onchain data and derivatives market metrics suggest that SOL’s rally could continue in the short-term. 

Solana continues to lead in decentralized exchange (DEX) volumes, a clear indicator of user activity and transaction fees, both of which are crucial for fostering sustainable growth and encouraging further project and trader adoption.

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SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Curve Finance, TON drive DeFi evolution with partnerships

2025 will be TON’s year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders.

The approaching new year will be the year of decentralized finance (DeFi) on The Open Network (TON) blockchain, developer TON Foundation has declared. Decentralized exchange Curve Finance joined in to start the process, and TON and Curve held a competition for DeFi teams to develop stable asset swaps using Curve Finance’s proprietary technology.

TON is completing what it calls the first tier of DeFi primitives, it announced in a blog authored by TON DeFi lead Vlad Degen. The author had in mind lending solutions, liquidity staking and Constant Product Market Maker protocols. Emerging second-tier projects include launchpads, options and derivatives, and:

As part of the partnership with Curve Finance finalized in September, a competition was held to develop Curve’s Constant Functional Market Maker (CFMM). This technology promises reduced price volatility and lower slippage.

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SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Sky co-founder proposes no new emissions for core token

Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.

Rune Christensen, the co-founder of Sky (formerly MakerDAO), said he is preparing a proposal for “strictly deflationary tokenomics” to halt token emissions and decrease total supply.

Christensen aims to prevent token emissions from occurring “in normal conditions” regardless of whether the core token stays as Maker (MKR) or becomes SKY in line with the new brand.

The new token structure would ensure that the chosen token is supported by long-term supply reduction and a burn mechanism, aligning with MakerDAO’s original tokenomics model.

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SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

SafePal launches Telegram crypto wallet with Visa card support

SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.

Self-custodial cryptocurrency wallet SafePal is joining Telegram’s rapidly growing crypto ecosystem by launching a Mini App wallet on Messenger.

SafePal officially introduced its Telegram Mini Wallet App on Nov. 2 after announcing pre-launch during a keynote at the TON Gateway event dedicated to The Open Network (TON) ecosystem.

According to an announcement shared by SafePal, its new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts.

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SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

How the Lindy Effect can make users overconfident in DeFi ‘brands’

Users have more confidence in DeFi brands the longer they survive without incident, but every new upgrade may reset the clock.

Opinion by Merlin Egalite, co-founder of Morpho Labs.

There is a great irony in crypto: it was designed to be "trustless," but trust and longevity for brands often play a major role in where users decide to allocate and use their crypto. So it's no surprise that the Lindy Effect is a concept often discussed in the DeFi space.

But it's applied inconsistently, sometimes to the companies or brands and sometimes to the code of a protocol. It's worth unpacking how the Lindy Effect can be applied to both and what users should look for when assessing their product options.

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SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024