Polymarket faces backlash over disputed $200M Zelensky ‘suit’ market

Polymarket, a crypto-based betting platform, has recently been involved in two controversies surrounding its resolution system, raising questions about the reliability of decentralized dispute mechanisms. One controversy centers on a $200 million bet on whether Ukrainian President Volodymyr Zelensky would wear a suit before the end of June. The wager’s outcome has sparked debate about…

Metaplanet Tops Tokyo Standard Market With $12.87B in June Trading Volume

Japanese Bitcoin investment giant Metaplanet, which has been continuously increasing its BTC holdings, has seen a significant rise in stock trading volume in June. According to Reuters, Metaplanet’s trading volume rose to 1.86 trillion yen ($12.87 billion) in June. Tokyo Stock Exchange data shows that the numbers are nearly double the 997.6 billion yen ($6.82…

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Dubai Approves First Tokenized Money Market Fund by QNB and DMZ Finance

Dubai’s financial regulator has approved the region’s first tokenized money market fund as the city seeks to lead in the digital asset finance space. Key Takeaways: Dubai has approved its first tokenized money market fund, led by QNB and DMZ Finance. The fund brings traditional assets like U.S. Treasuries on-chain for use in Web3 and…

XRP Price Pops and Drops — Can Bulls Regain Control?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance…

Solana’s tokenized stock market more than triples in two weeks to hit $48M

Solana’s tokenized stock market hit $48.53 million on July 4, up more than threefold from $15.28 million on June 20, according to on-chain data tracked by rwa.xyz. Solana’s tokenized stocks capitalization expanded more than threefold in two weeks, outpacing every other tracked network during the period.  Furthermore, the tokenized stock market on Solana represented 11.4%…

Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top

Bitcoin (BTC) is up 7% over the last two weeks, showing signs of strength despite expectations that the US Federal Reserve (Fed) will keep interest rates unchanged at its upcoming July 30 meeting. However, some indicators suggest that the market may be entering overheating territory. Bitcoin Market Entering Overheating Territory? According to a recent CryptoQuant…

Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

The software developer Polaris Office has become the latest major South Korean company to get aboard the KRW-pegged stablecoin bandwagon. Scores of notable banks, fintech companies, and IT firms have already registered trademarks for Korean won stablecoin projects this month as Seoul prepares to roll out regulations. And per MTN News, Polaris Office has now…

Polaris Office software running on a tablet PC.