Tag: Elections

These crypto ETFs are ‘call options’ on the US elections

coiner

The United States presidential election on Nov. 5 may determine the fate of more than a half dozen proposed cryptocurrency exchange-traded funds (ETFs) waiting on a green light from regulators. In 2024, asset managers submitted a flurry of regulatory filings to list ETFs holding altcoins, including Solana (SOL), XRP (XRP) and Litecoin (LTC), among others. Issuers are also waiting on approval for several planned crypto index ETFs designed to hold diverse baskets of tokens. In effect, these filings are “call options on a Trump victory” in the US presidential race,…

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Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

coiner

Bitcoin is helping secure the truthfulness of Guatemala’s election results. Thanks to OpenTimestamps, a tool created by bitcoin developer Peter Todd a few years ago, Guatemalan tech startup Simple Proof is able to safeguard key documents about the country’s presidential elections from fraud and tampering. Todd’s tool, which leverages hash functions and the bitcoin blockchain, is able to timestamp pieces of information and make it easier to spot attempts at fraud and manipulation. The idea of timestamping documents is fairly old. Individuals and societies have relied on this technique for…

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