Sports Betting Investment Doubles for Gen Z
Bank of America survey finds 20% of Americans view sports betting as investment; Gen Z twice as likely. Event contracts seen more investment-like. #Update #Finance
Bank of America survey finds 20% of Americans view sports betting as investment; Gen Z twice as likely. Event contracts seen more investment-like. #Update #Finance
Banco do Brasil invests $5M in Citi’s digital note via Euroclear, pioneering Latam blockchain move and boosting cross-border transactions. #Update #Finance
Ireland excludes crypto from new investment scheme to protect $197B in deposits, mandates strict wallet verification for transfers over $1,150 by 2027. #Update #Crypto
Inveniam Capital Partners to acquire blockchain project MANTRA by June 30, 2026, after $20M investment; operations to merge for RWA and AI tech in DeFi. #Update #Crypto
Morpho raises $175M, achieving unicorn status with a $2B valuation. Led by Paradigm, a16z crypto, and Ribbit Capital, it aims to create an open global credit network using blockchain. #Update #Crypto $USDC
@Etherfi has committed ~$3B in $ETH to ETHGas for a 3-year exclusive partnership, establishing a forward market for Ethereum blockspace and enhancing transaction efficiency. #Update #Crypto $ETH
Y Combinator invests $500K in Totalis using $USDC via Solana, marking its first all-stablecoin deal, highlighting faster blockchain funding. #Update #Crypto $USDC
Over $235 million was raised by 12 projects in the crypto space, including @KAST with $80M for payment platform expansion and @OmniPact with $50M for P2P protocols. #Update #Crypto $KAS
A solo miner rented computing power for $75 and confirmed a Bitcoin block, earning over $200,000, showcasing the potential of cloud-based mining solutions. #Update #Crypto $BTC
Major tech firms are investing $700B in AI infrastructure, likened to oil; new financial instruments like GPU-backed securities may emerge, facing challenges from rapid obsolescence and regional data center disparities. #Update #Crypto $BTC
@TRM Labs has raised $70 million in Series C funding led by Blockchain Capital, achieving a $1 billion valuation. The firm focuses on blockchain analytics and financial crime prevention in Web3. #Update #Crypto
@SoftBank plans a potential $30 billion investment in @OpenAI, boosting its stock by 8.8%. OpenAI seeks $100 billion in funding for an $830 billion valuation. #Update #Crypto $BTC
@Paradigm leads a $7.1M seed round for @Noise, an innovative platform allowing users to bet on internet trends, set to launch on Base Mainnet soon. #Update #Crypto
Bitcoin hits a new all-time high over $124,000 in 2025 as major public companies invest in digital assets and the U.S. establishes a Bitcoin reserve; total crypto investments exceed $22 billion. #Update #Crypto $BTC