Gemini reportedly sells UK and EU units to KAST for under $10M
Gemini has reportedly sold its UK and European operations to stablecoin payments company KAST for less than $10 million, following its decision to leave those markets earlier this year. Summary Under $10 million was paid for the regional operations, according…
Jensen Huang Resigns as Nvidia CEO and Tokenized NVDA Plummets: Who Will Be the Next CEO?
Jensen Huang resigns as Nvidia’s CEO, president and board member with immediate effect on Thursday, November 12, the company’s board said, ending a 33-year run at the chipmaker he co-founded after a week of reports about two alleged affairs. Chief…
Polymarket Lays Off Employees and Ends Contractor Deals, Denies Reports of 30% Workforce Cuts
The company did not disclose how many employees and contractors were affected by the cuts. Polymarket has laid off employees and ended several contractor agreements as part of a broader company restructuring. Cuts have mainly affected its marketing, customer…
Kalshi ends Trump Jr. advisory role over Polymarket ties
Kalshi has ended Donald Trump Jr.’s advisory contract after his venture capital firm, 1789 Capital, deepened its investment in rival prediction market Polymarket. Summary Kalshi says both sides agreed to end the role, with discussions beginning in August. 1789 Capital…
North Korea Is Creating Fake Meme Coins to Launder Millions From the $6.4B Binance Hack
Six meme coins created on NEAR helped North Korean hackers move stolen funds, with almost no genuine trading activity involved. North Korean hackers are creating their own meme coins to move stolen stash from the Binance hack, according to…
Solana’s RWA Market Explodes 600% in a Year as Ethereum Struggles to Keep Up
Solana is rapidly closing the RWA gap with Ethereum as its tokenised market share grows from 4.5% to 26% in one year. Solana’s on-chain economy is growing beyond meme coins. In fact, a new report suggests that real-world assets…
Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report
Four consecutive weeks of crypto fund outflows hit $3.74 billion, but altcoins outperform as US investors retreat from the market. Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative…
Hayden Davis Resurfaces After LIBRA Crash, But His Latest Trades Are Deep in the Red
Bubblemaps found that Hayden Davis, who was involved with LIBRA and YZY tokens, has resumed on-chain trading, but recent Solana meme coin bets resulted in nearly $3 million losses. A year after Bubblemaps first detailed the on-chain mechanics behind…
Gemini reportedly sells UK and EU units to KAST for under $10M
Gemini has reportedly sold its UK and European operations to stablecoin payments company KAST for less than $10 million, following its decision to leave those markets earlier this year. Summary Under $10 million was paid for the regional operations, according…
Jensen Huang Resigns as Nvidia CEO and Tokenized NVDA Plummets: Who Will Be the Next CEO?
Jensen Huang resigns as Nvidia’s CEO, president and board member with immediate effect on Thursday, November 12, the company’s board said, ending a 33-year run at the chipmaker he co-founded after a week of reports about two alleged affairs. Chief…
Futurebit Bitcoin Mining Rigs Hit Retail Stores as Solo Miners Keep Winning Big
Key Takeaways Futurebit is bringing home bitcoin mining to retail, partnering with Micro Center to sell its Apollo III machines at four U.S. locations starting Nov. 13. The Apollo III delivers up to 18 TH/s using 3nm ASIC chips, with…
Polymarket Lays Off Employees and Ends Contractor Deals, Denies Reports of 30% Workforce Cuts
The company did not disclose how many employees and contractors were affected by the cuts. Polymarket has laid off employees and ended several contractor agreements as part of a broader company restructuring. Cuts have mainly affected its marketing, customer…
Kalshi ends Trump Jr. advisory role over Polymarket ties
Kalshi has ended Donald Trump Jr.’s advisory contract after his venture capital firm, 1789 Capital, deepened its investment in rival prediction market Polymarket. Summary Kalshi says both sides agreed to end the role, with discussions beginning in August. 1789 Capital…
Wall Street Watchdog Fights Massive CFTC Stock Perps Push
Key Takeaways Better Markets backed a lawsuit against the CFTC to stop its approval of perpetual U.S. stock derivatives. The group argues these products are security-based swaps lacking fixed dates, requiring SEC regulation. They warn the 6-to-1 leverage and automatic…
Mark Zuckerberg’s Meta AI Predicts a Historic Comeback for Solana
Mark Zuckerberg’s Meta AI predicts something potentially enormous could happen to Solana by January 1, 2027. Meta says SOL could be set for a parabolic run, based on a hypothetical landmark catalyst that isn’t impossible but remains highly unlikely. Meta…
Is Midnight (NIGHT) Catching Up With Zcash (ZEC)? Network Data Offers a Clue
When Charles Hoskinson predicted in September that Midnight would be “bigger than Zcash,” NIGHT traded near $0.027 and ZEC stood near $1,600. Midnight, the privacy-focused chain developed by the team behind Cardano, hit a new record on November 10…
Binance Founder CZ Says Nvidia Made a Mistake Letting CEO Jensen Huang Resign
Key Takeaways Huang left Nvidia’s CEO, president, and board positions immediately. Directors opened an inquiry into a reported foreign intelligence effort. Kress will retain her finance role while serving as interim CEO. CZ Challenges Nvidia’s Leadership Change Binance co-founder Changpeng…
Cardano Academy launches on-chain credential practicum
Cardano Academy has partnered with Andamio to launch a practicum that lets participants submit a build or pitch and claim a credential recorded on Cardano after a reviewer accepts their work. Summary Participants submit a build or pitch for review…