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Camila Grigera NaonFortune |
Infrastructure provider KAIO will build the architecture necessary to tokenize Mubadala’s private‑markets fund.
Overall prediction market bets tied to the World Cup on Kalshi and Polymarket have collectively exceeded $29 billion in total trading volume.
The new platform lets banks and fintechs mint, move, and manage stablecoins directly through its network.
The New York-based startup raised a Series A led by Union Square Ventures.
The Miami-based startup, whose clients include MasterCard, raised a Series A led by Nava Ventures.
Dragonfly and Firstmark led the Series A round, with backing from Coinbase and Capital One.
Rising inflation, Bitcoin’s four-year cycle, and excess leverage continue to draw the cryptocurrency’s price down.
The Bitcoin giant has reversed its crypto-hoarding strategy amid a broader market downturn.
The company raised $400 million after merging with a special-purpose acquisition vehicle on Thursday.
The president’s crypto wealth largely comes from his memecoin and his family’s crypto company, World Liberty Financial.
Other big-name participants include BlackRock, American Express, and Google.
Strategy continues its shift away from aggressive Bitcoin accumulation as market conditions deteriorate.
Worries over Strategy and interest rates have pressured crypto, but Bitwise’s Matt Hougan argues the shakeout is setting up a new rally.
Other participants in the Series C fundraise include Index Ventures and Y Combinator.
A recent Wall Street Journal investigation found that the prediction market hired influencers to stage fake trades as part of its marketing campaign...
Sen. Ruben Gallego sent letters outlining his concerns on Thursday to the Department of Labor and Federal Trade Commission.
Sens. Cynthia Lummis and Ruben Gallego submitted a resolution that opposes a presidential pardon for the notorious crypto fraudster.
The Miami-based startup is building a WhatsApp-first premium card for non-U.S. clients, to replace a once-popular AmEx product.
Robinhood is cutting hundreds of jobs even as profits rise and new products like prediction markets help bolster growth.
The use of USD1 for UFC bonuses exposes how presidential exemptions from key ethics rules blur the line between public duty and private profit.
Club Atlético Osasuna’s insurance firm turned to prediction markets to hedge against getting booted to a lower division.
After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.
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