Hut 8 (HUT), a bitcoin miner turned energy and AI compute company, has refinanced its bitcoin-backed credit facility, replacing its existing Coinbase …
Bets
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On stage, co-founder and CEO JP Richardson opened by talking about the company’s derailment at the New York Stock Exchange in May …
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Markets
U.S. senators won't be weighing in on prediction markets bets after banning themselves
by shayaanby shayaanThe Senate agreed unanimously to revise its rules to ban members and their staffs from wagers on prediction markets platforms. www.coindesk.com
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Markets
XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
by shayaanby shayaanBacked by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to …
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Markets
Big Tech's multi-billion dollar AI bets are still on track as Mag 7 giants report earnings
by shayaanby shayaanThe four Mag 7 giants reported quarterly results on Wednesday, showing that they are still on track to spend multi-billion on AI. …
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The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether’s head of government affairs, reported spending more than $3 million …
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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several …
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Scams
US Soldier Was Blocked on Kalshi Before Taking Maduro Bets to Polymarket
by shayaanby shayaanIn brief A U.S. soldier charged with using classified military intelligence to bet on the removal of Venezuelan President Nicolás Maduro failed …
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Scams
Trump Says World Becoming a ‘Casino’ as Soldier Charged Over Polymarket Maduro Bets
by shayaanby shayaanIn brief U.S. president Donald Trump said the world has become “somewhat of a casino” following the rise of prediction markets. A …
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Markets
U.S. arrests soldier for Polymarket bets on Nicolas Maduro raid he participated in
by shayaanby shayaanThe U.S. Department of Justice said Thursday it had arrested a soldier in the U.S. Army for placing bets on Polymarket about …