Polymarket Launches US Relaunch in November
@Polymarket plans to relaunch trading services in the US by November, focusing on sports betting, following a no-action letter from the CFTC. #Update #Crypto $POLY
Crypto News
General category for all types of news related to the cryptocurrency world.
Microsoft AI Bans Sex Robots Amid Boom
Microsoft AI Chief Mustafa Suleyman confirms Microsoft will not develop sex robots, contrasting with rivals like OpenAI exploring adult AI. #Update #Tech
Tesla Explores CEO Change Amid Musk Exit
Tesla is considering internal CEO candidates as shareholders vote on Elon Musk’s $1 trillion pay package, which could influence his future role in AI and innovation. #Update #Corporate
OceanPal Launches AI Arm with $120M Deal
@OceanPal has launched an AI division with a $120M PIPE deal, backed by investors like Kraken and Fabric Ventures, aiming for 10% of the $NEAR supply. #Update #Crypto $NEAR
Kalshi Sues NY Over Sports Betting Ban
@Kalshi is suing the New York State Gaming Commission over a ban on sports betting contracts, claiming CFTC authorization. The outcome may impact derivative trading regulations. #Update #Legal
Crypto Yield Surges as Institutions Demand Substance
@Tesseract’s James Harris emphasizes the necessity for regulatory compliance and risk management in crypto yield products as MiCA introduces new standards across the EU, impacting institutional adoption. #Update #Crypto $BTC
Securitize Launches SPAC Deal at $1.25B Valuation
@Securitize is pursuing a public listing via a SPAC deal at a $1.25B valuation, with existing investors like ARK Invest and BlackRock maintaining stakes, plus $225M from PIPE financing. #Update #Crypto
KR1 Launches LSE Main Market Listing
@KR1 plans to transfer its listing to the London Stock Exchange next month as UK regulators ease crypto rules. #Update #Finance
Metaplanet Launches 13% Share Buyback Program
@Metaplanet has initiated a 13% share buyback program, utilizing a $500M credit facility to enhance shareholder value and optimize capital efficiency. #Update #Crypto $METIS
Trump Eyes Third Term Run Doubts Persist
President Trump hints at a third term run, but Polymarket traders assign only a 13% likelihood. #Update #Politics
Metaplanet Stock Surges 10% on Buyback
@Metaplanet announced a new capital allocation policy, share repurchase program, and $500M credit facility, boosting stock by over 10% to 519 JPY, with a weekly gain exceeding 25%. #Update #Crypto $BTC
Stablecoin Adoption Soars Amid Venezuela Sanctions
Venezuela’s reliance on US-dollar pegged stablecoins like $USDT grows amid military threats and hyperinflation, with stablecoins comprising half of the economy’s hard currency. #Update #Crypto $USDT
xAI Launches Grokipedia Rival to Wikipedia
Elon Musk’s @xAI launches Grokipedia, an AI-driven encyclopedia challenging Wikipedia with real-time fact-checking and editing. #Update #Tech
Stablecoin Adoption Soars Amid Venezuela Crisis
Venezuela’s reliance on US-dollar pegged stablecoins like $USDT is increasing amid military threats and hyperinflation, with stablecoins now accounting for half of the nation’s hard currency #Update #Crypto $USDT