Blockchain News

Polymarket Bettors Predict Nearly 50% Chance of Recession as Tariffs Hit Markets 

Polymarket Bettors Predict Nearly 50% Chance of Recession as Tariffs Hit Markets 

Key Takeaways: Nearly half (47%) of Polymarket bettors now predict a U.S. recession in 2025, a sharp rise from 20% at the poll’s start in January. Following Trump’s “Liberation Day” tariffs announcement, the Dow plummeted 1,300 points, with the Nasdaq and S&P 500 also experiencing steep declines. Yale’s Budget Lab estimates that rising price levels […]

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Brazil’s Leading Bank Explores Stablecoin Launch While Cautiously Awaiting Regulatory Guidelines

Brazil’s Leading Bank Explores Stablecoin Launch While Cautiously Awaiting Regulatory Guidelines

Key Takeaways: Brazil’s mega bank Itaú Unibanco is exploring a stablecoin launch. Itaú sees stablecoins as a way to enable atomic transactions, minimizing fraud risks. The bank remains cautious as Brazil’s central bank reviews a draft proposal that could restrict stablecoins. Itaú Unibanco, Brazil’s largest bank—with over 55 million customers—is exploring the creation of a

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ParaSwap Rebrands to Velora Following Tense DAO Vote on Bybit Hack Fees

ParaSwap Rebrands to Velora Following Tense DAO Vote on Bybit Hack Fees

Decentralized exchange aggregator ParaSwap has rebranded to “Velora,” the company announced Thursday, signaling a major change in both name and platform. The move comes just two weeks after a close DAO vote on whether ParaSwap should return fees earned from swaps linked to the Lazarus Group’s Bybit hack. The relaunch introduces Delta v2.5, a system

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US CFTC Withdraws Two Crypto Staff Advisories Due to ‘Market Maturity’

US CFTC Withdraws Two Crypto Staff Advisories Due to ‘Market Maturity’

The US Commodity Futures Trading Commission (CFTC) has recently withdrawn two pieces of crypto-related staff guidance in yet another shift in the country’s regulatory efforts. Both decisions were effective immediately. Notably, these advisories signaled a significantly increased review of the digital asset sector at the time they came into effect. Therefore, the decision to remove

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Russian Bailiffs ‘Can Now Turn Criminals’ Bitcoin Into State Revenue’

Russian Bailiffs ‘Can Now Turn Criminals’ Bitcoin Into State Revenue’

Russian bailiffs say they have developed new methods to help them convert Bitcoin (BTC) seized in criminal cases into cash for the Treasury. In a video posted on the Federation Council’s RuTube page, Dmitry Aristov, the head of the Federal Bailiff Service (FSSP), called Bitcoin a “problematic asset.” Russian Bailiffs’ Bitcoin Problem Solved? Aristov made

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Crypto Mining Malware and Open Source Malware Packages Doubled in Q1 2025

Crypto Mining Malware and Open Source Malware Packages Doubled in Q1 2025

The amount of crypto mining malware has doubled in the first quarter of 2025 relative to the quarter prior, according to a new quarterly malware report from software security platform Sonatype. Notably, of nearly 18,000 malicious packages found in Q1 of this year, 7% were crypto mining malware. The report highlights that this is double

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UK Trade Associations Urge Special Crypto Envoy Appointment and Action Plan

UK Trade Associations Urge Special Crypto Envoy Appointment and Action Plan

A coalition of leading UK trade associations has called on Prime Minister Keir Starmer’s government to appoint a special envoy for crypto and develop a comprehensive action plan to support the digital assets and blockchain sector. In a recent letter addressed to Varun Chandra, Starmer’s special adviser on business and investment, six UK digital economy

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Coinbase CEO Brian Armstrong Advocates For Onchain Interest-Based Stablecoin Legislation

Coinbase CEO Brian Armstrong Advocates For Onchain Interest-Based Stablecoin Legislation

Key Takeaways: Coinbase CEO Brian Armstrong argues that stablecoin holders should be allowed to earn interest, similar to traditional savings accounts. With major stablecoin bills moving through Congress and a pro-crypto administration in place, Armstrong sees this as a crucial moment to shape consumer-friendly policies in the U.S. The discussion comes as World Liberty Financial,

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Australian Crypto Investor Andre Rebelo Sentenced to 25 Years for Murdering His Mother

Australian Crypto Investor Andre Rebelo Sentenced to 25 Years for Murdering His Mother

Key Takeaways: A crypto investor’s hidden financial strain fuels an unthinkable act against a close family member. The case challenges our assumptions about wealth and exposes risky behavior behind online allure. It sparks debate on how financial pressures can distort personal values and family ties. Andre Rebelo, an Australian crypto investor and former partner of

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Mastercard Targets Venmo-Style Network for Blockchain Transactions

Mastercard Targets Venmo-Style Network for Blockchain Transactions

Key Takeaways: Major financial institutions like Mastercard are participating in early-stage pilots to test how blockchain could support functions like cross-border settlements and tokenized assets. Consumer-facing crypto card programs are a key part of Mastercard’s strategy to link traditional finance with blockchain applications. Blockchain is being used not as a replacement, but as an extension

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