The Defiant

Why DAO Governance Always Turns Political

The article argues that DAO governance inevitably becomes political because decision‑making power concentrates among token holders, developers, and early investors. It highlights how voting mechanisms, token distribution inequities, and off‑chain influence create factions and lobbying within decentralized communities. Real‑world examples...

Base AI Tokens Outperform Altcoin Market

AI tokens on Base are outpacing the broader altcoin market, with established projects VVV and TIBR posting 16% and 23% gains respectively over the past 24 hours. New entrant CONWAY briefly surged to a $12 million market cap before tumbling 55%...

Crypto Markets Tick Up Following Supreme Court Tariff Ruling

Crypto markets nudged higher on Friday after the U.S. Supreme Court invalidated President Trump’s emergency tariffs. Bitcoin traded near $67,728, up 1.2%, while Ethereum rose 1.5% to $1,970, pushing total market capitalization to roughly $2.4 trillion, a 1.3% daily gain. Leveraged...

Fusaka Upgrade Fuels Record Address Poisoning on Ethereum

The recent Fusaka upgrade slashed Ethereum gas fees by sixfold, creating record‑low transaction costs. This price drop sparked a dramatic rise in address‑poisoning attacks, with daily dust transactions jumping from roughly 30,000 to 167,000 and peaking at 510,000. In just...

Only 1 in 10 Weak Token Launches Recovered in 2025: Arrakis

Arrakis Finance analyzed 125 token generation events in 2025 and found that 85% of tokens ended the year below their launch price. Early sell pressure, especially from airdrop recipients and mispriced liquidity, determined token trajectories more than broader market cycles....

Lightspark Teams Up with Cross River Bank for Fiat Payments via Bitcoin

Lightspark, a Bitcoin Lightning Network startup, has partnered with FDIC‑insured Cross River Bank to enable 24/7 fiat settlement of Lightning transactions via the FedNow service. The collaboration aims at B2B, cross‑border and retail payments where instant settlement can improve cash‑management...

Kraken Acquires Magna for Early Token Support

Kraken announced the acquisition of token‑management platform Magna, closing the deal on Friday as it readies for a forthcoming IPO. The purchase is intended to let Kraken engage with token‑issuer teams early in their development, potentially giving the exchange a...

Kraken Acquires Magna for Early Token Support

U.S.-based exchange Kraken announced the acquisition of token‑management platform Magna, with the deal closing on Friday. Terms were undisclosed, but Kraken co‑CEO Arjun Sethi said the purchase will enable early support for token issuers as the exchange readies for a...

Ethereum Foundation Sets 2026 Protocol Priorities

The Ethereum Foundation released its 2026 protocol roadmap, emphasizing scalability, user experience, and security. It aims to raise the gas limit beyond 100 million, advance account abstraction, and improve interoperability while hardening Layer 1 against attacks. The plan follows the June 2025 establishment...

Aptos Pivots Tokenomics Towards Performance-Driven Deflation

Aptos announced a shift to performance‑driven tokenomics, capping APT at 2.1 billion and locking 210 million tokens permanently. The proposal raises gas fees tenfold while keeping them among the world’s cheapest, and halves the base staking reward to 2.6 %. These changes aim...

Hack VC-Backed Nillion to Shut Down Its Chain on Cosmos, Shift Focus to Ethereum

Nillion announced that its privacy‑focused NilChain will cease operations on Cosmos on March 23 and migrate to Ethereum. The move follows a brief 10% rally in the NIL token, which now trades around $0.053. NilChain’s shutdown mirrors a wider exodus from...

Exclusive: Eric Trump Calls Maldives Hotel First of Many Real Estate Tokenization Projects

World Liberty Financial announced the tokenization of loan revenue from the Trump International Hotel & Resort in the Maldives, marking the first project in a broader on‑chain real‑estate strategy. The initiative is being built with real‑estate developer DarGlobal and tokenization...

Etherfi, Scroll’s Top Fee-Generator, Leaves for Optimism

Etherfi, a decentralized neobank and crypto‑card issuer, announced it will migrate its Cash accounts, over 70,000 active cards and roughly 300,000 user accounts from Scroll to Optimism’s OP Mainnet. The move will shift about $160 million in total value locked and...

Anchorage Digital Launches Regulated 'Stablecoin Solutions'

Anchorage Digital has introduced Stablecoin Solutions, a federally regulated service that lets banks settle USD transactions globally in near‑real time via blockchain. The offering bundles minting, redemption, custody, treasury and settlement under Anchorage Digital Bank, N.A., overseen by the OCC,...

PayPal’s PYUSD Supply Crosses $4 Billion

PayPal’s PYUSD stablecoin surpassed a $4 billion market capitalization, cementing its status among the largest digital dollars. On Arbitrum One, PYUSD’s circulating supply rose to roughly $256 million, making it the fourth‑largest stablecoin on the layer‑2 network. The surge is linked to...

Hyper Foundation Backs New DC Lobby with 1M HYPE for Clearer DeFi Rules

Hyper Foundation Invests $1M HYPE in New DC DeFi Policy Center

Hyper Foundation announced a $1M HYPE grant to launch a new Washington, DC‑based policy center aimed at clarifying DeFi regulations. The Hyperliquid Policy Center will lobby policymakers to shape clearer rules for the decentralized finance ecosystem, underscoring the foundation’s commitment...

Erik Voorhees’ Venice AI Leads Altcoin Market

Erik Voorhees’ Venice AI protocol has become the week’s top altcoin performer, with its VVV token climbing 135% to $4.28 and a fully‑diluted valuation of $336 million—a 375% surge from its November trough. The protocol uses a dual‑token architecture that grants...

Ethereum Staking Breaks New Highs as Price Slumps

Ethereum’s staking participation surged past the 30% threshold, with roughly 36.9 million ETH—about 30.4% of the circulating supply—locked across 967,000 validators. The price of ETH has retreated from its summer peak near $5,000 to around $2,000, creating a stark contrast between...

Gemini Space Station Shares Slide 14% Amid Executive Shake-Up

Gemini Space Station’s stock slumped about 14% to roughly $6.50 after an 8‑K disclosed that its COO, CFO and CLO all resigned effective immediately. Co‑founder Cameron Winklevoss will absorb the COO duties while an interim CFO has been appointed. The...

Zora Launches Attention Markets on Solana

Zora introduced an "attention markets" token platform on Solana, allowing users to tokenize and trade real‑world trend exposure. Within 30 minutes the flagship $attentionmarkets token posted a $70,000 market cap and $170,000 in volume, with only three tokens surpassing $10,000....

Pumpfun Rolls Out 'Cashback Coins'

Solana‑based launchpad Pumpfun introduced “Cashback Coins,” a new fee‑routing option that lets creators allocate all creator fees to traders or keep traditional fees. The choice must be locked in before a token launch and cannot be changed later. The move...

Dragonfly Raises $650M for New Fund to Back DeFi, Prediction Markets and Stablecoins

Dragonfly Capital announced the close of its fourth venture fund, raising $650 million to back projects in decentralized finance, stablecoins and prediction markets. The fund marks the firm’s largest commitment yet, reflecting confidence that the crypto sector remains in an early...

World Markets Launches ‘No ADL’ DEX on MegaETH

World Markets (WM) debuted its decentralized exchange on the MegaETH network, integrating spot trading, perpetual contracts, and lending into a single on‑chain account. The platform eliminates auto‑deleveraging (ADL), promising protection for delta‑neutral positions and preventing forced liquidations that plagued earlier...

MegaETH TVL Rises 65% in a Week, but TGE Conditions Remain Unmet

Ethereum Layer‑2 MegaETH’s mainnet saw total value locked surge 65% in its first week, reaching roughly $66.48 million. Stablecoins now account for the bulk of on‑chain assets, with the chain’s stablecoin market cap climbing to $99.2 million, up 56%. Decentralized exchange Kumbaya...

Flying Tulip Announces Public Token Sale for Feb 16

DeFi protocol Flying Tulip, founded by Yearn Finance’s Andre Cronje, is set to launch its public token sale on Feb 16, with the token trading on Feb 23. The sale follows prior fundraising rounds that raised over $290 million, and prediction markets value...

What Happened to Compound’s Crypto Lending Empire?

Compound, an early DeFi lending pioneer launched in 2018, saw its TVL plunge from a $12 billion peak in November 2021 to $2.2 billion a year later after a buggy governance update over‑paid COMP tokens. The over‑payment bug, coupled with a mandatory...

Crypto Flows Tied to Suspected Human Trafficking Reached ‘Hundreds of Millions’ in 2025: Chainalysis

Cryptocurrency payments linked to suspected human‑trafficking services surged 85% in 2025, reaching hundreds of millions of dollars. The bulk of activity originates from Southeast Asian groups, with nearly half of Telegram‑based escort transactions exceeding $10,000. Stablecoins dominate the flow, while...

MANTRA Jumps 33% After MEXC Supports Token Swap

Mantra’s OM token surged 33% after MEXC announced support for a 1:4 swap to the newly rebranded MANTRA token. The market cap jumped from $55 million to $72 million, though the price remains 99% below its February 2025 peak of $8.5. The swap...

Polymarket Launches 5-Minute Crypto Markets and Teases Airdrop

Polymarket has launched ultra‑short 5‑minute prediction markets that let users bet on Bitcoin’s 5‑minute candle direction, and it is offering market‑maker rebates to attract liquidity. The rollout coincides with internal hints of a $POLY token airdrop for power users, following...

Lighter Enables Unified Collateral for Spot and Futures Trading

Decentralized perpetuals exchange Lighter saw its native token LIT surge 13% after rolling out unified collateral accounts for spot and futures trading. The upgrade enables users to use a single collateral pool across trading pairs and marks the first phase...

Truth Social Files for Digital Asset ETFs

Truth Social Funds has filed a registration statement with the SEC for two digital‑asset exchange‑traded funds – the Truth Social Cronos Yield Maximizer ETF and the Truth Social Bitcoin and Ether ETF. The Cronos ETF will track CRO, while the...

Crypto Markets Rally After Softer-Than-Expected US Inflation Report

Crypto market capitalization jumped nearly 5% to $2.44 trillion after the U.S. CPI report showed inflation at 2.4%, below expectations. Bitcoin surged past $69,000, up 4.5%, while Ethereum reclaimed the $2,000 level with a 7.5% gain. Despite the price rally, on‑chain...

Prediction Market Aggregator Stand Launches Counter-Trading Tool

Prediction market aggregator Stand introduced a new feature that automatically places opposite bets to traders who consistently lose. The tool aims to replace traditional copy‑trading, which has become ineffective as top wallets can front‑run followers. Research shows about 70% of...

Bluefin-Acquired Nexa Terminal Shuts Down Blaming Sui’s ‘Extremely Low’ Volume

Crypto trading terminal Nexa, acquired by Bluefin, announced its shutdown after just a year. The decision cites “extremely low” trading activity on the Sui blockchain, where only a handful of coins see meaningful volume. Sui’s DeFi metrics have collapsed, with...

Onchain Options Volumes Hit All-Time Highs as Lending Yields Dry Up

On‑chain options activity surged to record levels, posting $44 million of volume in the first week of February and $28 million in the final week of January. More than 80% of this trade flow is dominated by two protocols—Ithaca and Derive—which together...

Andre Cronje’s Flying Tulip Gears Up for Public Sale

Andre Cronje’s Flying Tulip is set to begin its public sale on February 16, with the FT token becoming tradable on February 23. The DeFi super‑application aims to bundle perpetual derivatives, spot trading, and lending under one roof, echoing the niche Infinex...

CME Group to Launch Futures for Cardano, Chainlink, and Stellar

CME Group announced plans to launch regulated futures contracts for Cardano (ADA), Chainlink (LINK) and Stellar Lumens (XLM) on February 9, pending regulatory clearance. The contracts will be offered in both standard and micro sizes, mirroring the structure of its existing...

MegaETH Unveils Token Buyback and TGE Plan

MegaETH, a real‑time Ethereum Layer 2, will launch its mainnet on February 9, but the token generation event (TGE) is conditional on meeting at least one of three performance milestones. The KPIs include $500 million USDM circulating, deployment of ten apps with over...

XRP Jumps Nearly 20% as Ripple Teases Major XRPL Upgrades

XRP surged nearly 20 % on Feb 6, trading around $1.50 and lifting its market cap to about $91.3 billion with $16.5 billion in 24‑hour volume. The rally outpaced Bitcoin and Ethereum amid a broader crypto downturn. Ripple’s teaser of major XRPL upgrades promises...

Zcash Down Over 50% Since Winklevoss-Backed DAT’s Last Purchase

Zcash (ZEC) has slumped roughly 60% from its November 2025 high, erasing most of its Q4 rally. Cypherpunk Technologies, the Winklevoss‑backed ZEC treasury, now holds about 290,000 ZEC—1.76% of total supply—and aims for a 5% stake, but has paused buying....

RNBW Tanks 65% Below ICO Price on First Day of Trading

Rainbow’s self‑custodial wallet launched its native RNBW token on Base on Feb. 5, opening at $0.05 before sliding to $0.032 by day‑two. Early investors who bought at the $0.10 ICO price are now over 65% underwater, compounded by delayed token distribution...

Eurozone to Discuss Stablecoins in Bid to Strengthen Euro's Role

Eurozone finance ministers will meet on Feb. 16 to consider euro‑denominated stablecoins and central bank digital currencies (CBDCs) as part of a broader push to raise the euro’s global profile. The European Commission is drafting proposals that could include tokenized deposits,...

JP Morgan Strategist Prefers Bitcoin to Gold Long Term

JP Morgan quantitative strategist Nikolaos Panigirtzoglou argues Bitcoin is undervalued and now more attractive than gold for long‑term investors. He points to a record‑low Bitcoin‑to‑gold volatility ratio and modest liquidation levels despite recent price weakness. Bitcoin fell 13.3% on the...

Tether Invests $100 Million in US 'Crypto Bank' Anchorage Digital

Tether announced a $100 million strategic equity investment in Anchorage Digital, the United States’ first federally chartered crypto‑focused bank. The funding aims to strengthen secure, regulated financial infrastructure and supports Anchorage’s role as issuer of Tether’s new USAT stablecoin, designed to...

Hong Kong Investors Would Double Fund Allocations With Tokenized Products: Aptos Labs

A pilot survey of 500 Hong Kong and mainland Chinese retail investors found that 61 % would double their fund allocations if tokenized products offered instant settlement and 24/7 access. Almost all respondents (≈97 %) prioritized features such as instant settlement, round‑the‑clock availability,...

Tether Makes $100M Strategic Equity Investment in Anchorage Digital

Tether announced a $100 million strategic equity investment in Anchorage Digital on Feb 5, 2026, aiming to bolster secure, regulated crypto‑banking infrastructure. The deal underscores a partnership between the leading stablecoin issuer and the first federally chartered crypto bank in the U.S.

Losses Top $17 Billion at Crypto Treasury Companies

Digital asset treasuries (DATs) that surged in 2025 have collectively posted $17 billion in unrealized losses as of February 2026. The 20 largest DATs are down $17 billion, driven largely by Bitmine Immersion’s $7.5 billion ETH loss and Michael Saylor’s $2.2 billion BTC decline....

Cap Airdrops $12 Million in Stablecoins to Early Users

Cap Protocol concluded its Frontier rewards phase on Feb. 4 by airdropping 12 million cUSD, its dollar‑pegged stablecoin, to early participants. The project framed the distribution as crypto’s first stablecoin airdrop, emphasizing a fixed‑value reward over volatile governance tokens. With roughly $315 million...

Payments Protocol by Coinbase, Shopify Processes Just $1.2M USDC Since June: Growthepie

Shopify, Coinbase and Stripe launched an open‑source Commerce Payments Protocol that lets merchants accept USDC on Base. Since the June 2025 rollout, growthepie reports only $1.2 million in USDC transactions across roughly 5,700 merchants and 3,200 customers. The bulk of that...

Euro Stablecoin Boom Will Be Driven by RWA Tokenization, Not Payments: S& P Global

S&P Global Ratings forecasts that euro‑pegged stablecoins will expand dramatically, growing between 800‑ and 1,600‑fold by 2030 to a market size of €25 billion‑€1.1 trillion. The surge will be powered chiefly by tokenized real‑world‑asset (RWA) investments rather than everyday payments. Currently, the...

Limitless Token Rallies as Monthly Volume Tops $200 Million

Limitless, a prediction‑market protocol on Coinbase’s Base L2, saw its native LMTS token surge 135% this week as January notional trading volume topped $200 million, a 56% jump from December. The platform processed $200 million in trades, while over 23 million LMTS tokens—about...

Trading Bot Bankr Expands to Solana with Token Launches on Raydium

Bankr, an AI‑driven crypto trading bot, has added Solana support, enabling creators to launch tokens on Raydium, the sixth‑largest Solana DEX. The announcement sparked a 21% rise in BankrCoin (BNKR) to $0.00063, keeping the token up over 120% weekly. Bankr’s...

ETHZilla Takes 15% Stake in Zippy for $21M to Tokenize Manufactured Home Loans

Nasdaq‑listed ETHZilla Corporation announced a $21 million investment to acquire a 15 % fully‑diluted stake in Zippy, a digital platform for manufactured‑home loans. The deal includes cash and ETHZilla stock, and gives ETHZilla a board seat as the companies partner to tokenize...

Galaxy Acquires Alluvial Finance to Boost Institutional Staking Infrastructure

Galaxy announced the acquisition of Alluvial Finance, aiming to expand its institutional liquid‑staking infrastructure. The deal will keep Liquid Collective under the oversight of its non‑profit foundation, signaling a strategic move into the crypto staking market.

Ostium Labs Secures $24M Series A Funding Led by Jump Crypto and General Catalyst

Ostium Labs, a decentralized tokenized RWA exchange, announced a new Series A round raising $24 million, including a $20 million lead from Jump Crypto and General Catalyst. The round also saw participation from Coinbase Ventures, Wintermute Ventures, Crucible Capital and early users,...

Sonnet BioTherapeutics Merges with Rorschach LLC to Form First HYPE Treasury Company

Sonnet BioTherapeutics announced a merger with Rorschach LLC, creating the inaugural major HYPE treasury company. The deal, valued at approximately $888 million, was approved and is expected to boost HYPE’s market presence.

SpaceComputer Secures $10M Seed Funding to Build Secure Blockchain Compute Satellites

SpaceComputer announced a $10 million seed round to develop an orbital network for secure blockchain computing. The round was co‑led by Maven11 and Lattice, with participation from Superscrypt, the Arbitrum Foundation, Nascent, Offchain Labs, Hashkey, Chorus One and several individual investors.

0xbow Secures $3.5M Seed Funding to Expand Privacy Pools

DeFi privacy platform 0xbow announced a $3.5 million seed round to grow its Privacy Pools technology. The round was led by Starbloom Capital and included investors such as Coinbase Ventures, BOOST VC and Status Research & Development GmbH. Funds will be used...

Monad Announces $187 Million Public Token Sale on Coinbase Platform

Monad, a Layer‑1 blockchain, unveiled its tokenomics and announced a public sale of 7.5% of MON tokens on Coinbase’s new token‑sale platform, targeting a $187 million raise at a $2.5 billion valuation. The announcement sparked community backlash over allocation ratios but signals...

Immunefi Announces $5M ICO on CoinList Ahead of 2026 Token Generation Event

Immunefi, the leading Web3 bug bounty firm, unveiled a public token sale on CoinList to raise $5 million, with the sale running Nov 12‑19. The offering will allocate 374 million IMU tokens at $0.01337 each, targeting a token generation event in February 2026. Proceeds...

Securitize to Go Public via $1.25B SPAC Deal with Cantor Equity Partners II

Securitize announced it will become a publicly listed company through a business combination with SPAC Cantor Equity Partners II, valuing the combined entity at about $1.25 billion. The transaction is expected to list the new company on Nasdaq under the ticker...

MegaETH ICO Set to Raise up to $50M as over $1B in Bids Compete for MEGA Tokens

MegaETH is closing its initial coin offering on 2025-10-30 with a $50 million cap, though more than $1 billion in commitments have been placed for MEGA token allocations. The sale is run via Sonar, allows token lockups for discounts, and...

Ripple Completes $1.25B Acquisition of Hidden Road, Rebrands It as Ripple Prime

Ripple has completed its acquisition of global prime broker Hidden Road for $1.25 billion and rebranded the business as Ripple Prime. The deal expands Ripple into institutional prime brokerage and supports greater use of its stablecoin RLUSD and XRP in...

Pumpfun Acquires Multichain Memecoin Trading Terminal Padre

Pumpfun has acquired Padre, a multichain memecoin trading terminal operating on Solana, Base, Ethereum, and BNB Smart Chain, expanding Pumpfun's memecoin trading stack and challenging trading bots. The deal was announced on 2025-10-24; no financial terms were disclosed.

Aave Labs Acquires Stable Finance to Simplify Stablecoin Savings

Aave Labs has acquired San Francisco fintech startup Stable Finance, bringing founder Mario Baxter Cabrera and the full engineering team into Aave Labs to accelerate consumer-facing DeFi products and simplify stablecoin savings. The Stable app will be phased out as...

Kalshi Raises $300M From Paradigm, Sequoia and Andreessen Horowitz

Kalshi raised $300 million from venture firms including Paradigm, Sequoia, and Andreessen Horowitz to support its crypto and on‑chain expansion. The funding backs Kalshi's push into on‑chain prediction markets and integrations such as its partnership with oracle RedStone.

Hyperliquid Strategies Files S-1 to Raise up to $1B in Public Offering

Hyperliquid Strategies filed an S-1 prospectus on Oct 22, 2025 outlining plans to offer up to $1 billion in a public offering of 160 million shares to build a digital asset treasury. The filing signals the company's intent to go...

DraftKings Acquires Railbird to Launch DraftKings Predictions

DraftKings announced the acquisition of Railbird as it prepares to launch a new prediction markets platform, DraftKings Predictions. Polymarket Clearing will serve as the designated clearinghouse for the product's backend infrastructure.

Kinetiq Raised $1.75M From Hyperliquid‑ecosystem Investors

Kinetiq (the Kinetiq Foundation) raised $1.75 million from investors active within the Hyperliquid ecosystem, the Foundation revealed. The funding was disclosed alongside the launch of Kinetiq's KNTQ governance token and follows the protocol's rapid TVL growth since launching in July...

Coinbase Acquires Echo for $375 Million to Expand On‑Chain Fundraising

Coinbase has acquired blockchain fundraising platform Echo in a cash-and-stock deal valued at approximately $375 million. The acquisition will integrate Echo’s Sonar public token sale platform into Coinbase’s on‑chain capital formation tools and bring Echo co‑founder Jordan “Cobie” Fish to...

Greenlane Raises $110M Private Placement to Fund BERA DAT with Polychain Lead

Greenlane Holdings announced a $110 million private placement to fund its new BERA digital asset treasury (DAT), led by Polychain Capital and including institutional/crypto investors such as Blockchain.com, Kraken, North Rock Digital, CitizenX and dao5, supported by the Berachain Foundation....

Turtle Raises $5.5M to Expand Programmable DeFi Liquidity Infrastructure

On‑chain liquidity distribution protocol Turtle raised $5.5 million, bringing total funding to $11.7 million. The capital will fund engineering hires, product infrastructure, and cross‑chain integrations; investors include GSR, FalconX, Anchorage VC and founders from Polygon, 1inch and Gnosis.

Kalshi Raises $300M in Growth-Stage Financing as Prediction Markets Go Mainstream

Kalshi secured $300 million in financing as it positions itself as a regulated, institutional prediction market; the raise accompanies broader investor interest in the space as incumbents and exchanges eye the market.

Stripe-Backed Tempo Raises $500M Series A at $5B Valuation

Tempo, a payments-focused blockchain developed by Stripe and Paradigm, raised $500 million in a Series A round led by Thrive Capital and Greenoaks, valuing the company at $5 billion. Additional participants included Sequoia, Ribbit Capital, and SV Angel; Stripe and...

Ventuals Raises $38M in HYPE Deposits Within 30 Minutes to Fund HIP-3 Markets

Ventuals launched a HYPE liquid staking vault to fund its HIP-3 permissionless derivatives market, collecting roughly $38 million (just over 1 million HYPE) within the first 30 minutes and reaching 1.29 million HYPE by time of reporting. The launch included...

Umbra Completes Oversubscribed ICO, Caps Raise at $3M After $150M+ Commitments

Privacy protocol Umbra concluded its ICO on 2025-10-10, pricing UMBRA at $0.30 and capping the raise at $3 million (roughly $8.55M FDV) after more than $150M in commitments. The token launched on secondary markets trading ~5x ICO price; the sale...

Plume to Acquire Dinero to Add Liquid Staking and Compliance Infrastructure

Plume announced plans to acquire Dinero to integrate liquid staking products and compliance infrastructure into Plume’s real-world asset blockchain. The acquisition aims to strengthen Plume’s DeFi capabilities and compliance features for tokenized assets.

Intercontinental Exchange Invests $2 Billion in Polymarket

Intercontinental Exchange (ICE) made a $2 billion investment in decentralized prediction market platform Polymarket, signaling major corporate backing for the sector. The investment was highlighted amid record trading volumes across prediction markets and increased mainstream partnerships.

ICE Invests $2B in Polymarket to Expand Into Prediction Markets

Intercontinental Exchange (ICE) has invested $2 billion in Polymarket in a strategic corporate funding round, making ICE a global distributor of Polymarket data and supporting Polymarket's expansion into prediction markets. The partnership positions ICE to distribute Polymarket's data while providing...

Orange Cap Games Acquires Moonbirds Ahead of BIRB Token Launch

Moonbirds, the NFT collection, was acquired by Orange Cap Games and is set to launch its BIRB token on Solana amid a surge in trading volume. The article notes the collection’s trading volume rose over 1,000% in 90 days and...

Avalanche Treasury Co. To Merge with Mountain Lake Acquisition in $675M Deal

Avalanche Treasury Co. announced a planned $675 million merger with SPAC Mountain Lake Acquisition. The transaction includes $460 million in assets and a discounted purchase of AVAX tokens from the Avalanche Foundation, effectively bringing Avalanche Treasury public via the SPAC...

IHC Backs ADI Chain to Launch Dirham-Backed Stablecoin

Abu Dhabi-based conglomerate IHC has backed ADI Chain, an L2 blockchain project building a dirham-backed stablecoin to onboard the region’s financial system onto blockchain. The backing is a corporate investment to support ADI Chain’s development and stablecoin launch; financial terms...