Analysis
TradFi
Deutsche central bank joins Singapore’s Project Guardian to advance tokenization, digital funds
The German central bank will participate in the pilot projects launched under Project Guardian to explore asset tokenization and cross border transactions.
Deals
Binance Labs invests in BIO Protocol to advance DeSci, disrupt traditional funding
Binance Labs' investment supports BIO Protocol's effort to redefine early-stage research funding with blockchain.
Legal
Trump administration considering Robinhood legal chief for SEC chair role
Dan Gallagher is a favored candidate among crypto executives who contributed significantly to Trump's campaign and is currently the frontrunner for the top SEC role.
Adoption
Detroit becomes first city to fully adopt crypto payments for taxes, fees
Detroit paves the way for blockchain entrepreneurs and unbanked residents with secure crypto payment options.
DeFi
DEGEN L3 migration hindered by Conduit standoff and financial losses
Deteriorating relations with Conduit have forced DEGEN to weigh drastic measures for users' protection.
Regulation
France considering Polymarket ban after local trader makes $80 million on Trump win
National Gaming Authority may block Polymarket, citing gambling concerns despite platform's blockchain appeal.
Exchanges
WazirX announces plans to launch DEX amid fallout from record crypto theft
The DEX launch seeks to restore trust after a major security breach exposed vulnerabilities in centralized exchanges.
ETF
Spot Bitcoin ETFs on track for record-breaking day following Trump win
BlackRock's IBIT spot Bitcoin ETF hit $1 billion in trading volume within 20 minutes of trading on the day after Trump won the elections.
DeFi
Polymarket’s accurate forecast of Trump win highlights gaps in mainstream media, pollsters
Polymarket's swift Trump prediction showcases the dynamic efficiency of decentralized markets over established media.
Stablecoins
Circle CEO sees stablecoins as linchpin for global trade
Circle CEO Jeremy Allaire said stablecoins have the potential to streamline cross-border trade and drive efficiencies in emerging markets.
Technology
Election day frenzy drives Polymarket open interest to record levels
Polymarket records $174 million in daily trading volume on Election Day, breaking previous high and setting stage for future growth.
Analysis
Bitcoin primed for post-election rally despite US investor caution – CryptoQuant
While global demand surges, US investors exhibit caution despite Bitcoin aligning with past election cycle trends.