• Polymarket raises $4M
    Innovators,  Technology

    With $4M round, Polymarket predicts success

    Can Shayne Coplan’s prediction market turn bets into information? Investors like Olaf Carlson-Wee’s Polychain and Naval Ravikant are wagering yes

    Blockchain-based prediction markets like Polymarket allow people to bet on real world events—essentially making them put their money where their mouth is on questions ranging from who will win a presidential debate to whether Drake will release a new studio album this year. Broadly, the idea to use the free market to get better and more accurate information than is available through the tornado of misinformation and bias unleashed by social media.

  • Dorsey Bitcoin inherently political
    Bitcoin,  Innovators

    Twitter’s Jack Dorsey: Bitcoin is inherently political

    In criticizing Coinbase CEO Brian Armstrong’s refusal to endorse BLM, Jack Dorsey argues that political activism is in crypto’s DNA

    Jack Dorsey suggested in a tweet sent on Sept. 30 that Bitcoin cannot be separated from political activism, which makes Coinbase CEO Brian Armstrong’s decision to not take a position on the Black Lives Matter movement pointless.

  • Kadena to launch DEX
    Innovators,  Technology

    ‘Ethereum 2.0 has lost credibility’: Kadena launches rival DEX

    President Stuart Popejoy says Kadenaswap will be able to handle 480,000 transactions per second—and offer a safer smart contract language

    Ethereum 2.0 has lost credibility as a project that will ship in any kind of predictable timeframe,” Kadena President Stuart Popejoy told Modern Consensus. “Ethereum’s congestion and high gas prices are providing a strong incentive for DeFi projects to consider other platforms."

  • Elliptic CEO James Smith steps down
    Innovators,  Technology

    Elliptic CEO Dr. James Smith steps down for development role

    The co-founder of the leading blockchain intelligence firm will be replaced by COO Simone Maini, who has increasingly led the sales and corporate culture development efforts

    Elliptic co-founder Dr. James Smith stepped down as CEO of the growing blockchain intelligence firm on April 28 in order to focus his energy on developing the growing firm’s technology and engineering development as chief scientist. In his place, former COO Simone Maini is taking the reins.