Chanos Bets Against Strategy: Here’s Why
TL;DR Jim Chanos believes Strategy’s premium over its Bitcoin holdings is unsustainable and suggests exploiting the arbitrage opportunity. Hedge funds are taking advantage of a low 0.3% fee…
blockchain
Polygon Surpasses $2 Billion in NFT Sales and Leads the Market Recovery
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…
FalconX Takes Control of Monarq Asset Management
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…
Trump Media Closes $2.44 Billion Private Offering to Create a Bitcoin Treasury
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.…
Dogecoin Suffers Massive Liquidations and Drops 7%
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…
Amboss Launches Rails: Empowering Bitcoin Yield and Lightning Network Growth
TL;DR Amboss unveils Rails: A self-custodial platform that lets Bitcoin holders earn yield through payment routing and liquidity leasing on the Lightning Network. AI-Driven…
Donut Browser: An AI-Powered Browser for Blockchain Transactions
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…
Sophon (SOPH) Drops 27.9% After Market Debut
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…
Bitcoin Conference 2025: ‘Orange is the New Gold’
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…
TON Foundation Appoints Former Visa Executive Nikola Plecas as VP of Payments
TL;DR TON Names a Crypto Leader: The TON Foundation appoints former Visa executive Nikola Plecas as VP of Payments to lead the development of…
NFT Market Rebound After Five Months of Declines
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…