Victor Seda

Passionate about blockchain, and the decentralized internet.A writer in the morning, goalie in the evening.The aim is to keep my readers informed about the ever-evolving world of web3 with a unique blend of expertise and storytelling.

$292M Kelp DAO Hack Exposes Critical DeFi Security Gaps as Wall Street Moves Onchain

A $292 million exploit of Kelp DAO has forced the cryptocurrency industry to confront fundamental security vulnerabilities in decentralized finance, even as traditional financial institutions accelerate their move into onchain markets. Industry insiders say the incident serves as a critical wake-up call rather than a barrier to institutional adoption of DeFi. In the weeks preceding…

$292M Kelp DAO Hack Exposes Critical DeFi Security Gaps as Wall Street Moves Onchain

Meta Launches USDC Stablecoin Payouts for Creators in Philippines and Colombia

Meta has introduced USDC stablecoin payouts for select creators on its platforms in the Philippines and Colombia, marking the tech giant’s return to the stablecoin market years after abandoning its Libra project. The service allows creators to receive payments directly into crypto wallets on the Solana and Polygon blockchains, with expansion to additional markets planned….

Meta Launches USDC Stablecoin Payouts for Creators in Philippines and Colombia

Dollar Weakens Against Yen as Japan Signals Possible Intervention

The U.S. dollar weakened against the Japanese yen on Thursday as Japanese officials signaled that currency intervention may be imminent, while ongoing tensions in the Middle East continued to influence global markets. Japanese Finance Minister Satsuki Katayama indicated that the timing for “decisive” action in the foreign exchange market was approaching. The comments sent the…

DOLLAR WEAKENS against THE YEN AS JAPAN SIGNALS INTERVENTION

Paul Tudor Jones Calls Bitcoin the Strongest Inflation Hedge, Tops Gold

Legendary investor Paul Tudor Jones has ranked Bitcoin above gold as the best inflation hedge available, citing the cryptocurrency’s fixed supply against gold’s yearly production increases. Speaking on the Invest Like the Best podcast Tuesday, Jones made an explicit case for Bitcoin’s superiority during periods of aggressive monetary and fiscal stimulus, pointing to 2020 as…

Paul Tudor Jones Calls Bitcoin the Strongest Inflation Hedge, Tops Gold

Polymarket Denies Data Breach After Hacker Claims to Sell 300,000 User Records

Prediction markets platform Polymarket has rejected claims of a security breach after a hacker posted on the dark web claiming to have stolen over 300,000 user records, calling the allegations “complete and utter nonsense” and stating the information is publicly accessible. A hacker using the pseudonym “xorcat” posted on DarkForums on Tuesday claiming to have…

Polymarket Denies Data Breach After Hacker Claims to Sell 300,000 User Records

UBS Predicts USD/JPY Support Through April End on Equity Rebalancing Flows

UBS Group AG expects equity rebalancing flows to provide support for the US dollar against the Japanese yen through the remainder of April, according to the investment bank’s latest currency model analysis. The projection comes as institutional investors engage in typical end-of-month portfolio adjustments. The Swiss banking giant’s model indicates that USD/JPY is less likely…

UBS Predicts USD/JPY Support Through April End on Equity Rebalancing Flows

Prediction Markets Reflect Wisdom of Informed Minority, Not the Crowd, New Study Finds

A study has challenged the long-held belief that prediction markets harness the “wisdom of the crowd,” revealing instead that these platforms primarily reflect the insights of a small, well-informed minority of participants. The research, which analyzed trading patterns and outcomes across major prediction market platforms, found that market accuracy stems not from aggregating diverse opinions…

Prediction Markets Reflect Wisdom of Informed Minority, Not the Crowd, New Study Finds