@Polymarket is reportedly seeking to raise 1$ billion at a valuation above $20 billion. The company was valued at $15 billion in April, when NYSE parent ICE invested $600 million. Polymarket’s annualized revenue has also surpassed 1$ billion #PolyMarket
🚨 A former FBI counterintelligence agent with Top Secret clearance has been charged after allegedly stealing nearly $1 million in crypto using seed phrases found in FBI systems. He reportedly invested the funds through DeFi, asked ChatGPT how to retire abroad with $1 million and began obtaining a Portuguese tax number. The FBI recovered about $925,000 in crypto and fired him the day he was arrested.
Bought Bitcoin for 8 years with his physical job, held through crashes, but lost it all in minutes due to the Coldcard hack. A 39-year-old man just lost 2 BTC ($130,000) from his Coldcard wallet. #Bitcoin
🚨 LATEST: Grayscale's Zach Pandl believes onchain vaults could be the next major crypto innovation to break into mainstream finance. The sector is currently worth around $7B, but he compares its long-term potential to the $1.5T CLO market. Could onchain vaults become crypto's next institutional breakthrough? 👀📈 #Crypto #DeFi #Onchain #Blockchain #RWA
🚀 BREAKING: SpaceX ($SPCX) is expected to report earnings for the first time ever this week. Will we finally get a closer look at the financials behind Elon Musk's space giant? 👀. #SpaceX
3 crypto exchanges are shutting down. The message is bigger than the closures. BitMEX, Bitcom and BitMart are leaving a market where trading volumes are lower, costs are rising and margins are shrinking. The era of easy growth is ending. Only exchanges with deep liquidity, strong trust and real scale will survive. #BitMEX #Bitcom #Bitmart
Tokenized stocks are growing fast. Their total market value reached $1.7 billion in June, up from $329 million a year ago. Monthly transfer volume also jumped from $53 million to $9.22 billion, a rise of more than 170x in just one year.
Tokenized stocks are growing fast. Their total market value reached $1 .7 billion in June, up from $329 million a year ago. Monthly transfer volume also jumped from $53 million to $9.22 billion, a rise of more than 170x in just one year.
🚨 JUST IN: $750B was added to the U.S. stock market at today's open. One of the strongest opening moves in recent months as investors piled into equities.
NEW: Wells Fargo has raised its price target on Snowflake ( $SNOW ) to $500, the highest on Wall Street. That's nearly double the stock's current price. The bank says AI is driving customers to spend more on Snowflake, making it one of the biggest beneficiaries of the AI boom. #WellsFargo #Snowflake #AI
Robinhood Chain has reached $325 million in TVL in less than a month. Not a single day of outflows. But while more money keeps flowing in, activity is slowing down. DEX volume fell 27% last week, while daily active users dropped 7%. Most of the new capital appears to be chasing Robinhood Earn's 7% APY on $USDG rather than trading.
Elon Musk’s net worth has fallen by roughly $650B from its all-time high. That is more than the current net worths of Jeff Bezos, Mark Zuckerberg, and Jensen Huang combined.