The Bank of England has softened its proposed framework for systemic sterling stablecoins, dropping individual holding limits and replacing them with a …
Billion
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Kalshi has exceeded a $2 billion annualized revenue run rate as the prediction market operator has begun early discussions with investment banks …
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Scams
Amazon Won’t Release Sam Altman Film ‘Artificial’ Following $50 Billion OpenAI Investment
by shayaanby shayaanIn brief Amazon has pulled its nearly finished Sam Altman film “Artificial” from its release schedule and is now shopping it to …
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TL;DR Sui reportedly handled around $65 billion in stablecoin transfers in a five-day stretch after its gasless stablecoin update. The update reduces …
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VanEck says investors are shifting focus from contract announcements to execution risk as miners chase AI revenue. www.coindesk.com
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Finance
Crypto traders chased $1 billion in SpaceX shares and tokenization fell short
by shayaanby shayaanCrypto traders poured money into products tied to Elon Musk’s rocket and satellite business SpaceX (NASDAQ: SPCX), but blockchain markets still could …
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Finance
Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion
by shayaanby shayaanA significant transformation is currently underway across the established cryptocurrency market. The top crypto exchanges are morphing into multi-asset financial platforms, breaking …
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Smart Contracts
Americans Traded Up to $34 Billion on Offshore Prediction Markets: Study
by shayaanby shayaanIn short A new study commissioned by the Coalition for Prediction Markets shows that Americans bet up to $34 billion on offshore …
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Finance
BlackRock is seeking at least $5 billion of SpaceX shares before the IPO
by shayaanby shayaanLarry Fink’s BlackRock (NYSE: BLK) is trying to buy at least $5 billion of SpaceX stock before the rocket company starts trading …
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The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles …