• Sep 07, 2024

Will Polymarket Launch a Token? Why Some Traders Are Betting on an Airdrop

Will Polymarket have an airdrop? This year's staggering rise of the crypto prediction market has fueled speculation that the platform will debut its own token, and potentially reward its growing pool of users. And some of those users already appear to be making moves to improve their chances of scoring big. To be clear, Polymarket has yet to announce plans for a token, and the company did not reply to Decrypt's request for comment. But amid surging trading volume alongside the U.S. election cycl...

• Sep 07, 2024

This Week on Crypto Twitter: Telegram Founder’s Reemergence Sparks Split

Illustration by Mitchell Preffer for Decrypt While Crypto Twitter can often be brutally black-and-white when it comes to narrativizing major events, this week saw the industry splinter into shades of gray after Telegram CEO Pavel Durov broke a days-long silence following his release from police custody in France.  In a lengthy letter to the public on this week—posted first to Telegram and then to Twitter—Durov weighed in for the first time on his arrest and indictment last week by French authori...

• Sep 07, 2024

Fed Must Decide If Quarter-Point Cut Will Be Enough for Workers

(Bloomberg) -- The Federal Reserve is set to begin unwinding its tightening campaign this month as inflation cools and the labor market slows. The big question policymakers now face is whether a small interest-rate cut will be enough to keep the economy in expansion mode.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Stude

• Sep 07, 2024

This week in Bidenomics: Cooler, please

• Sep 07, 2024

Why 401 (k) investors ignore 'keep cool' advice when markets tank

• Sep 07, 2024

Falling Pump Prices Blunt Trump’s Inflation Attacks on Harris

(Bloomberg) -- Steadily falling gasoline prices are providing a tailwind for US Vice President Kamala Harris’ campaign for the nation’s highest office as Donald Trump seeks to rile inflation-weary consumers by attacking her record on energy. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on Ca

• Sep 07, 2024

The jobs report answered one key question — but left us guessing on another

The August jobs report was supposed to clear up a suite of questions about the economy and what comes next. It only answered one of them.

• Sep 07, 2024

The job market is flashing a classic pattern that signals a recession is coming, Citi says

"The takeaway from the range of labor market data is clear – the job market is cooling in a classic pattern that precedes recession."

• Sep 07, 2024

Aptos CEO Mo Shaikh shares his journey to web3 and market opportunities in Asia and Middle East

As a young immigrant in Brooklyn, Mo Shaikh often pondered over his father's taxi earnings. Shaikh went on to study finance, economics and psychology at Hunter College, then got an MBA at University of Rochester. After he graduated, he started to cut his teeth in the professional world at places like BlackRock and Boston Consulting Group.

• Sep 07, 2024

CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days

The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her as-yet-unpublished rationale.