Polymarket is a decentralized prediction market platform that operates using Polygon. Recently, it gained significant attention by enabling users to bet on the outcomes of US political elections, a practice primarily prohibited within the traditional US betting framework. The platform’s market for the 2024 US Presidential Election, for instance, has seen substantial engagement, with over The post How does Polymarket’s $364 million US election crypto prediction market work? appeared first on CryptoSlate.

Bitcoin ownership in the United States spans diverse demographics and political orientations, challenging common assumptions about its supporters, according to a new report. The Nakamoto Project’s recent survey on Bitcoin adoption provides a comprehensive analysis of ownership trends among Americans. Conducted in partnership with Qualtrics, the study involved a representative sample of 3,538 adults collected The post US Bitcoiners lean liberal but report shows politics less divisive than many think appeared first on CryptoSlate.

The entire reserve of PUSH tokens held on WazirX was stolen following the recent security breach, resulting in the theft of over $230 million in digital assets. The hack, which occurred on July 18, 2024, has sent shockwaves through the crypto community and led to a significant drop in the value of affected tokens. Per Push Protocol, The post 5 million of circulating PUSH supply stolen in WazirX hack, token falls 48% appeared first on CryptoSlate.

Former US president Donald Trump is rumored to be planning to announce his desire to make Bitcoin a “strategic reserve asset” during an upcoming crypto conference, a move that could significantly impact the digital asset’s global status and value. CryptoSlate reported the potential for this move on July 4 after Bitcoin SoftWar author Jason P Lowery The post Bitcoin as US Reserve Asset: Can Trump do it and what would it mean? appeared first on CryptoSlate.

A widespread technical issue with CrowdStrike’s centralized software has led to a global outage affecting various sectors, including planes, railways, and media. The problem, which emerged on July 19, 2024, has caused Windows computers to display the Blue Screen of Death (BSOD), disrupting numerous services and businesses worldwide. CrowdStrike, a leading cybersecurity firm, acknowledged the The post Centralized IT service outage downs planes, trains, banks, LSE and TV channels globally appeared first on CryptoSlate.