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View More NewsDonald Trump Jr.-linked investment firm 1789 Capital is reportedly investing about $300 million in Polymarket, a blockchain-based prediction market.1789 Capital, where Donald Trump Jr. is a partner, will make the $300 million investment as part of a $1 billion round that would value Polymarket at $21 billion, people familiar with the matter told the Wall Street Journal on Monday. The investment would bring 1789 Capital’s total investment in Polymarket to about $500 million and make it one of the platform’s largest backers.Cointelegraph has approached 1789 Capital and Polymarket for comment.ICE remains Polymarket’s largest disclosed investor. In a July 30 10-Q filing,…
In brief Strive bought another 1,800 BTC for roughly $143 million at an average price of $79,431 per coin, raising its total holdings to 23,156 BTC, worth about $1.76 billion, CEO Matt Cole said. The purchase extends an aggressive accumulation strategy for the firm, which trades as ASST after merging with Asset Entities.. It lands amid renewed sector buying: Strategy broke a two-month pause with a $370 million purchase, and Bitmine made its largest Ethereum buy since June. Strive is continuing to stack Bitcoin, snapping up another 1,800 BTC worth roughly $143 million as the asset manager expands one of…
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Beijing’s Cold War with the West entered a new phase this month. The chastened creators of AI agent Manus are preparing a return to Singapore, after witnessing the forced collapse of their US$2 billion sale to Meta. Manus was originally developed in China, before its parent company relocated to the city-state. But three months after the big sale to Meta was announced, the founders were summoned back to Beijing and prevented from leaving until the deal was scrapped.In the midst of the Manus fallout, China’s State Council issued revised exit and entry regulations. Citizens can be prohibited from travelling outside…
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The two-month-old network processed a record 5.52 million transactions on Aug. 30 as users launched 22,600 tokens and memecoin trading tools drove most of…
Webull, a self-directed brokerage and trading platform, is expanding its Canadian offering to include cryptocurrencies, adding Canada to a crypto footprint that already includes…
In brief The SEC and CFTC are moving on crypto rulemaking while market-structure legislation sits in summer recess, with a joint look at how…
Regulating commercial location tracking has reached a turning point. Last year, we published our rubric for what comprehensive and protective location privacy laws should…
from the of-course-they-did dept It took longer than I thought it would, but the Trump administration’s appeal of the court ruling and injunction that…
From Judge Gerald Lebovits (Manhattan trial court) in Tuesday’s Garlington v. Austin: In this action, plaintiff, Erik Garlington, brings claims for defamation … against…
Circle, issuer of the world’s second-largest stablecoin, USDC, posted estimate-beating first-quarter earnings as revenue rose 20% and it raised $222 million for its Arc…
Key takeaways:Bitcoin derivatives show limited conviction among pro traders, but ETF flows and Strategy could play a role in the next higher rally. Reduced odds…
In brief FBI Director Kash Patel wrote that the bureau has expanded its use of AI tools across investigations and internal operations. Patel claimed…
Frankly, I find the charge of genocide against Israel to be obviously absurd, one of those claims that true believers insist upon precisely because…
In July 1998, the Rome Statute created the legal basis for the International Criminal Court (ICC), a body designed to “guarantee lasting respect for…
Two Trump-branded ventures aimed at retail buyers are both in difficult positions months after their debuts, though for different reasons.Roughly 600,000 buyers have paid…