Circle Prepares Its IPO with Demand Exceeding Initial Supply by 25 Times
TL;DR Circle plans an initial public offering with an expected price range between $27 and $28 per share, supported by demand exceeding 25 times the...
blockchain
Crypto Projects: What Role Does Venture Capital Play and Why Do So Many Fail?
TL;DR In 2024, investment in crypto projects reached $13.7 billion, but nearly half are no longer active, and over 75% generate less than $1,000 in...
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
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
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
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
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%
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...
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 Optimization:...
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 integrate...