Prediction market Polymarket is pursuing new funding that could enhance its valuation to $10 billion, as Business Insider reported on Sept. 12. Two folks with data of the matter mentioned the valuation discussions characterize at the least a threefold improve from the $1 billion Polymarket achieved in a funding round that closed this summer season….
BNB reached a new all-time high of $907.38 on Sept. 10, marking the token’s second main milestone in lower than three weeks. The document comes as crypto markets surged previous $4 trillion in whole market capitalization, after a broader rally that added $100 billion in 24 hours. BNB posted 29% good points in 2025 alone…
Trump Media & Technology Group (TMTG) closed a cope with Crypto.com to accumulate 684.4 million Cronos (CRO) tokens, marking one of the biggest company commitments to the digital asset to this point. The transaction, valued at roughly $178 million at present costs, was structured as a 50% inventory and 50% money trade, in keeping with…
Bitfinex-backed Plasma introduced a strategic partnership with EtherFi on Aug. 29, positioning the stablecoin-focused neobank as a day-one launch companion for the blockchain’s mainnet beta. EtherFi will transfer over $500 million from its Ethereum (ETH) staking vault to Plasma’s platform, offering liquidity for stablecoin-backed yield methods. The collaboration integrates EtherFi throughout Plasma’s DeFi ecosystem, offering…
American Bitcoin, the mining firm partly owned by Donald Trump Jr. and Eric Trump, is preparing to go public on the Nasdaq in September, Reuters reported on Aug. 28. The firm, launched in March, is 80% owned by Toronto-based Hut 8, one in every of North America’s largest crypto miners. The Trump brothers collectively own…
Ethereum-focused SharpLink’s inventory climbed greater than 15% to commerce above $20 after the corporate’s board permitted a $1.5 billion inventory repurchase program. In its Aug. 22 press statement, SharpLink defined that the authorization permits for buybacks by way of a number of channels, together with open-market purchases and privately negotiated offers. The corporate emphasised that…
Wormhole Foundation (WF) entered the bidding competition for Stargate Finance, challenging LayerZero’s proposed $110 million acquisition. In an Aug. 20 statement via X, WF argued that LayerZero’s offer significantly undervalues the cross-chain bridge protocol. LayerZero Foundation announced its acquisition proposal on Aug. 10, offering to purchase all circulating STG tokens at $0.1675 per token through…
TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant to…
Bitcoin investment firm Twenty One Capital is set to receive 5,800 BTC from stablecoin issuer Tether as it prepares for its upcoming public listing, according to a July 29 statement. This inflow would bring the firm’s total Bitcoin holdings to over 43,500 BTC, making it the third-largest corporate holder globally. It would rank just behind…
Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC deposits on its platform, CoinDesk reported, citing sources familiar with the matter. The deliberations reflect a broader industry trend as platforms seek to internalize stablecoin-related revenue, particularly in closed ecosystems. The source told the news…