Key Takeaways Polymarket CMO Matthew Modabber sent $2.5M+ via personal PayPal to 800+ people in 14 months, per POLITICO. At least 20 paid creators posted about Polymarket 490+ times on X with no disclosure, per POLITICO. Polymarket spent $112M on a CFTC-licensed exchange as it pushes to re-enter the U.S. market. $2.5 Million Through a
Evernorth, a for-profit XRP treasury stock working on its Nasdaq listing, is giving a sweet deal to a nonprofit that Larsen created. Source link
After a very profitable decade on Microsoft’s board, Reid Hoffman is stepping down, the company announced Thursday. Hoffman joined the board after Microsoft bought his company LinkedIn for $26.2 billion in 2016. Hoffman was on Microsoft’s board when it invested its first $1 billion into OpenAI in 2019. Hoffman was one of OpenAI’s original investors
Kraken has opened access to the upcoming SpaceX IPO through tokenized shares across more than 110 markets, bringing a traditionally exclusive Wall Street process to retail investors. Summary Kraken has launched tokenized access to the upcoming SpaceX IPO through its xStocks platform. Eligible users in more than 110 markets can apply for IPO allocations and
Key Takeaways Oobit reported USDT holds up near 100% of the stablecoin market volume across Latam, cementing Tether’s dominance. Spurring 202% growth in Brazil, Oobit links self-custody wallets to Visa’s 150M merchant network. Colombia became Oobit’s 9th live market, scaling daily cash-like crypto usage for local economies. Oobit Highlights Tether’s Domain Of Latam’s Stablecoin Markets
Pardoned BitMEX founder Ben Delo is funding a political network in Westminster that’s attracted a host of right-wing figures. Source link
A new Solana governance proposal called SIMD-0550 aims to double the speed at which the network’s inflation rate is. It targets to eliminate $1.5 billion in future SOL token emissions at current prices and compresses the timeline to reach the terminal inflation floor from 5.7 years down to 2.8. The proposal was submitted by Helius
Cybercriminals are probing a quiet layer of fuel infrastructure: the systems that monitor what is inside storage tanks. According to a new government advisory, reports have emerged of threat actors targeting Automatic Tank Gauge (ATG) systems used to monitor fuel and liquid storage tanks across the US. Officials say these actors have already compromised internet-facing
The planned network aims to connect traditional banking rails with blockchain infrastructure for around-the-clock settlement capabilities. The biggest banks on Wall Street are reportedly going to launch a tokenized deposit network in the first half of 2027. The effort is being led by the Clearing House, a real-time payments company co-owned by major financial
Key Takeaways On June 5, ETH plunged 10% to $1,545, leading a market-wide sell-off that erased $468M in leverage. ZEC crashed over 40% after an AI tool found a security flaw, ceding its top privacy coin spot to Monero. Fhenix founder Guy Zyskind expects the ZEC exploit to shift industry focus toward FHE privacy tech.