Freedom Index
The News Roundup
View More NewsIn brief A group of accounts made more than $600,000 on Polymarket on trades related to the U.S./Iran ceasefire. The accounts belong to a cluster identified by on-chain analytics firm Bubblemaps, which has previously profited on contracts related to military operations. Prediction markets have come under scrutiny this year thanks to allegations of insider trading on the platforms. A group of suspected insiders scored big on Polymarket on Tuesday, profiting more than $600,000 in combined trading contracts related to the U.S. and Iran ceasefire, according to on-chain analytics firm Bubblemaps. Accounts belonging to the cluster, a trio of which were active…
South Korea’s ruling Democratic Party is reportedly preparing a draft bill that would classify stablecoins as foreign exchange payment instruments and require tokenized real-world assets (RWAs) to be backed by assets held in trust. Citing an integrated draft of the proposed Digital Asset Basic Act, the Seoul Economic Daily reported on Wednesday that stablecoins used in cross-border transactions would be treated as “means of payment” under the Foreign Exchange Transactions Act, placing related businesses under oversight even without separate registration.The draft bill would also require issuers of tokenized RWAs to place underlying assets in managed trusts under the Capital Markets Act. If…
AI & Crypto
Read MorePolitics
Don't Miss!
Opinions & Debates
This week, we’re going to be talking about Israel—which is sometimes a subject I try to avoid—not because I don’t have opinions about the topic. I do. But because it’s one of those subjects on which debate and discussion often seems both divisive and futile.As some of you know, in a previous life, I was an opinion writer and reporter for the National Post newspaper here in Canada. I often travelled to Israel and wrote about that country, typically from what most would call a Zionist perspective.But for all the dozen of articles I wrote on the subject, I’m not…
Latest News
The onchain value of stablecoins on the Ethereum network has reached an all-time high of $180 billion, according to blockchain analytics firm Token Terminal.Ethereum…
More than two years after the first 11 spot bitcoin ETFs began trading in the U.S., a 12th, issued by a top-10 Wall Street…
The Morgan Stanley Bitcoin Trust will be the cheapest Bitcoin ETF on the market at an ultra-low 0.14% fee.Morgan Stanley’s Bitcoin exchange-traded fund is…
XRP broke above resistance, but it is not yet clear if this move marks a real shift or just a short-term bounce. The move…
The US Securities and Exchange Commission’s former top enforcement official reportedly clashed with the regulator’s top brass before resigning last week, with part of…
I WANT FREE MINDS AND FREE MARKETS! Help Reason push back with more of the fact-based reporting we do best. Your support means more…
Bitcoin’s mining concentration problem just showed up on the blockchain itself, triggering a small “reorg.”At the center of the story is Foundry USA, the…
TRON DAO has scaled up its artificial intelligence fund by a factor of ten, from $100 million to $1 billion, targeting investments in and…
In brief Balancer Labs is winding down after a $128 million exploit left the company facing legal exposure and no sustainable revenue. The protocol…
Although drivers stuck in I-95’s infamous traffic might not know it, Virginia actually has the best highways in the country. That’s according to the…
Monday’s ceasefire trade lasted about 18 hours.Bitcoin climbed 3.1% to $70,352 on Tuesday morning, recovering from the weekend’s slide below $68,000, with ether (ETH),…
Shares in NovaBay Pharmaceuticals jumped nearly 19% after the company announced it would change its name to Stablecoin Development Corporation as part of its…