Key Takeaways Polymarket CMO Matthew Modabber sent $2.5M+ via personal PayPal to 800+ people in 14 months, per POLITICO. At least 20 paid creators posted about Polymarket 490+ times on X with no disclosure, per POLITICO. Polymarket spent $112M on a CFTC-licensed exchange as it pushes to re-enter the U.S. market. $2.5 Million Through a…
After a very profitable decade on Microsoft’s board, Reid Hoffman is stepping down, the company announced Thursday. Hoffman joined the board after Microsoft bought his company LinkedIn for $26.2 billion in 2016. Hoffman was on Microsoft’s board when it invested its first $1 billion into OpenAI in 2019. Hoffman was one of OpenAI’s original investors…
U.S. spot Bitcoin ETFs have recorded $3.05 million in net inflows on Thursday, ending a record 13-day withdrawal streak that erased more than $4.4 billion from the funds since mid-May. Summary Spot Bitcoin ETFs recorded $3.05 million in inflows, ending a record 13-day outflow streak that drained over $4.4 billion. BlackRock’s IBIT led the turnaround…
Amazon’s warehouse robots are starting to sound less like machines waiting for commands and more like coworkers taking direction. At its Delivering the Future event in London, Amazon unveiled an upgraded version of Proteus that can interpret natural-language instructions and turn them into coordinated material-movement tasks. The update is part of a broader European robotics…
Key Takeaways Oobit reported USDT holds up near 100% of the stablecoin market volume across Latam, cementing Tether’s dominance. Spurring 202% growth in Brazil, Oobit links self-custody wallets to Visa’s 150M merchant network. Colombia became Oobit’s 9th live market, scaling daily cash-like crypto usage for local economies. Oobit Highlights Tether’s Domain Of Latam’s Stablecoin Markets…
While everyone else was getting ready for the weekend, Bitcoin took a plunge. The popular cryptocurrency was trading below $60,000 for at least part of Friday. This marked the first time since Donald Trump’s reelection in late 2024 that Bitcoin had dropped below that line, per Bloomberg. It’s also more than half the value of…
Bitcoin has fallen to nearly $59,000 after dropping more than 20% in a week, prompting Michael Saylor to respond publicly after CNBC host Jim Cramer blamed him for the cryptocurrency’s latest selloff. Summary Michael Saylor pushed back after Jim Cramer blamed him for Bitcoin’s slide below $60,000 following Strategy’s sale of 32 BTC. CryptoQuant and…
There are dozens of LED hair-growth gadgets on the market, ranging from a $50 product on AliExpress that’s been shopped onto a model to comically bad effect to the $2,500 Capillus Spectrum, which boasts an aggressive array of laser diodes. Contrary to what I would have suspected, women are actually the current dominant consumer group…
Key Takeaways On June 5, ETH plunged 10% to $1,545, leading a market-wide sell-off that erased $468M in leverage. ZEC crashed over 40% after an AI tool found a security flaw, ceding its top privacy coin spot to Monero. Fhenix founder Guy Zyskind expects the ZEC exploit to shift industry focus toward FHE privacy tech….
A new Solana governance proposal called SIMD-0550 aims to double the speed at which the network’s inflation rate is. It targets to eliminate $1.5 billion in future SOL token emissions at current prices and compresses the timeline to reach the terminal inflation floor from 5.7 years down to 2.8. The proposal was submitted by Helius…
