The US CFTC grants crypto exchange Gemini a Designated Contract Market license, allowing it to launch its prediction markets betting platform Gemini Titan
Daniel Kuhn / The Block :
Trump Media reports Q3 net sales down 3.8% YoY to $972.9K and a net loss of $55M, up from $19M in Q3 2024; its stock is down 70% from a January high
And Is On Track To Lose Far More Daniel Kuhn / The Block : Trump Media posts third straight loss as SPAC legal fees mount, CRO holdings rise Sander Lutz / Decrypt : Buying Billions in Bitcoin Couldn't...
The Ethereum Foundation pauses its grants program, which awarded $3M+ to 100+ projects since 2018, to rethink its spending strategy and reduce its burn rate
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American Exceptionalism Acquisition, a SPAC led by Chamath Palihapitiya and focused on energy, AI, DeFi, and defense, files for a US IPO, seeking to raise $250M
American Exceptionalism Acquisition Corp. A 25,000,000 Class A Ordinary Shares … Steve Goldstein / MarketWatch : Chamath Palihapitiya warns ‘no crying in the casino’ as he launches another SPAC after ...
Tether says it has ~250K Tether Gold tokens in circulation as of Q2 2025, backed 1:1 by a troy ounce of physical gold; the stablecoin was launched in Jan. 2020
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Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation
Prediction-Market Unicorn Hits $2 Billion Valuation Bogdan Patru / Bitcoin Insider : Prediction Market Kalshi Achieves Unicorn Status with $185 Raised at its $2B Evaluation, as BTC Bull Token Predicts...
The FDUSD stablecoin depegged 9% after Justin Sun raised concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD
Daniel Kuhn / The Block :
Sources: Katie Haun is raising $1B across two new crypto-focused funds as her Haun Ventures is close to deploying most of the $1.5B raised in 2022
Report Elena R / Coinpedia Fintech News : Katie Haun Raises $1 Billion for New Crypto Funds Daniel Kuhn / The Block : Haun Ventures seeks $1 billion to fund crypto startups: report X: Jeff Roberts / @...
MetaMask Head of Security Taylor Monahan says the Bybit hackers have moved at least 209,384 ETH, of ~400,000 stolen, onto Bitcoin, largely using THORChain swaps
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Coinbase acquires Spindl, the on-chain advertising platform founded by Antonio Garcia-Martinez, an ex-Facebook staffer and the author of the book Chaos Monkeys
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