Revolut Plans to Launch a Crypto Derivatives Division: Now Hiring
TL;DR Revolut is preparing a crypto derivatives division and is seeking a general manager to build the operation from scratch. The UK derivatives market gained...
Strategy Prepares a $250M Preferred Stock Offering to Expand Its Bitcoin Treasury
by guido
TL;DR Strategy launches a $250M public offering of preferred shares with a 10% annual dividend to fund further Bitcoin purchases. Yesterday it added 705 BTC,...
Polygon Surpasses $2 Billion in NFT Sales and Leads the Market Recovery
by guido
TL;DR Polygon reached $2 billion in total NFT sales, driven by steady growth from Courtyard and tokenized real-world assets. Between November and May, monthly sales...
FalconX Takes Control of Monarq Asset Management
by guido
TL;DR FalconX took a majority stake in the parent company of Monarq Asset Management to expand its asset and cryptocurrency management business. Monarq manages hundreds...
Trump Media Closes $2.44 Billion Private Offering to Create a Bitcoin Treasury
by guido
TL;DR Trump Media closed a private offering worth $2.44 billion, combining the sale of 55.8 million shares and zero-coupon convertible notes totaling $1 billion. It...
Dogecoin Suffers Massive Liquidations and Drops 7%
by guido
TL;DR Dogecoin lost $21.71 million in long liquidations after falling 7% in 24 hours, hovering near the $0.20 mark. Total liquidations in DOGE reached $22.33...
Donut Browser: An AI-Powered Browser for Blockchain Transactions
by guido
TL;DR Donut Labs raised $7 million to build a crypto browser powered by AI agents capable of autonomously executing blockchain transactions. The project will integrate...
Sophon (SOPH) Drops 27.9% After Market Debut
by guido
TL;DR Sophon dropped 27.9% on its first trading day following a 900 million token airdrop and a wave of profit-taking. Binance assigned it a “seed...
Bitcoin Conference 2025: ‘Orange is the New Gold’
by guido
TL;DR The Winklevoss twins projected BTC at $1M during Bitcoin Conference 2025, calling it “orange is the new gold.” Bitcoin climbed 1.2% after their comments,...
NFT Market Rebound After Five Months of Declines
by guido
TL;DR NFT sales climbed to $430 million in May, breaking a five-month streak of consecutive market declines. The number of buyers jumped 50%, surpassing 936,000,...