Ethereum Layer-2 Network Abstract to Shut Down Following Growth and Scaling Struggles
Abstract, a consumer-focused Ethereum layer-2 blockchain developed by Igloo Inc., the parent company of the popular Pudgy Penguins ecosystem, has…
Tag: trading
Traders Place Multi-Million Dollar Bets on VIX Ahead of Federal Reserve Rate Decision
The options market on Tuesday saw a flurry of unusual and high-stakes activity, highlighted by a multi-million-dollar trade on the…
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CoinDesk stands as a globally recognized, award-winning digital media outlet dedicated to comprehensive coverage of the rapidly evolving cryptocurrency industry,…
Bitcoin.de trading remains halted as German regulator rejects MiCA application
In an official corporate announcement released on October 6, the publicly listed parent company stated that while the regulatory decision…
Cracks Emerge in the Junk Bond Market as Investors Demand Higher Yields for Risky Debt
Subtle yet telling cracks are beginning to form within the nation’s junk bond market, as investors increasingly demand higher payouts…
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CoinDesk stands as a globally recognized, award-winning media outlet dedicated to covering the rapidly evolving cryptocurrency industry, blockchain technology, and…
US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
Speaking at the Newsmax Policy Summit on Thursday, Bessent revealed that the targeted cryptocurrency seizure is a core component of…
Apollo Warns of Rising Credit Risk for AI Hyperscalers as Debt-Financed Infrastructure Expansion Accelerates
Corporate debt issued by the massive cloud computing players driving the global artificial intelligence boom is facing mounting risk, according…
Pudgy Penguins Parent Igloo to Shut Down Abstract Blockchain After Eight-Figure Losses
The company behind the globally recognized Pudgy Penguins digital collectibles and toy brand is pulling the plug on its consumer-focused…
Kalshi’s 15-Minute Gold Markets Outpace Ether in Fee Generation Just Weeks After Launch
Prediction market platform Kalshi has achieved a significant milestone in its commodities division, with its newly introduced 15-minute gold contracts…
