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Author: Oluwapelumi Adejumo

Robinhood challenges Polymarket with election-linked contracts for US presidential race

Robinhood is broadening its offerings to attract more users by introducing investment contracts linked to the outcome of the November US Presidential election, according to an Oct. 28 statement. Event-based derivatives trading allows investors to speculate on specific occurrences, such as election outcomes or economic policy announcements…

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Cardano unlocks Bitcoin liquidity with BitcoinOS Grail Bridge integration

Cardano has integrated with the Bitcoin ecosystem through BitcoinOS’s Grail Bridge, unlocking the top digital asset’s substantial liquidity for its DeFi ecosystem. On Oct. 24, BitcoinOS explained that the move would expand Bitcoin’s reach and enable decentralized programmability on its network. The integration makes Cardano the first Layer 1 blockchain to use BitcoinOS infrastructure…

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US election hopes spark three-month high inflow of over $2 billion in crypto investments

Global digital asset investment products saw their inflows hit a three-month high of $2.2 billion last week — the largest weekly inflow since July— amid optimism surrounding the upcoming US elections, according to CoinShares’ latest weekly report. James Butterfill, Head of Research at CoinShares, attributed the surge to expectations from betting markets that the Republican

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