| Mobile Web

Search results for Vitalik Buterin

Crypto

Following the crowd costs you - Vitalik Buterin reveals secret of contrarian bets

Vitalik Buterin, co-founder of Ethereum, criticised structural flaws in prediction markets and described how he profited by betting against irrational crowd sentiment. He warned that prediction markets are turning into gambling-like products and urged a shift toward hedging strategies. Buterin said he made about a 16 percent return by placing roughly $440,000 in bets on Polymarket and earning $70,000. He also outlined a hedging-based finance model that could ultimately replace fiat money.

Crypto

MegaETH hits first KPI by running 10 apps, to issue MEGA token

MegaETH has met its first key performance indicator, which required operating 10 ecosystem applications. The milestone triggered a countdown toward a MEGA token generation event targeted for next Thursday. The project previously tied its token release schedule to performance-based KPIs rather than a fixed timeline. Conditions include expanding its native stablecoin USDM circulation to $500 million and meeting app revenue targets, alongside usage and fee benchmarks for apps built on MegaETH.

Crypto

Analyst draws line on Shiba Inu 1-cent outlook, says hard under current conditions

An analysis said Shiba Inu is structurally unlikely to reach its long-discussed long-term target of $0.01. Analyst Szymanski cited the token’s circulating supply and the market capitalisation required at that price as the main obstacles. Shiba Inu’s current price and supply would imply a multi-trillion-dollar valuation, exceeding the total crypto market and bitcoin’s market cap. He said Shiba Inu can still rise in a bull market, but $0.01 is difficult under current conditions.