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Category: Technology

Former Grayscale CEO Michael Sonnenshein Joins Aptos Labs as Adviser

Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI’s chief product officer, Kevin Weil. Aptos Labs said it will harness Sonnenshein’s knowledge to bring more traditional financial institutions to the network.

Mudslinging Sullies Prediction Markets Just as Sector’s Prospects Brighten

Kalshi paid social media influencers to talk trash about its rival Polymarket’s founder, Shayne Coplan, an incendiary article in Pirate Wires revealed. Someone apparently decided to launch a retaliatory smear campaign against Kalshi. (Polymarket denies any involvement.) All of this is happening just as things were starting to look bright on the regulatory and reputational […]

Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another ‘Long Island Iced Tea’ Fad?

Following MicroStrategy’s successful bitcoin buying strategy, many companies, some microcaps and unrelated to crypto, started announcing similar steps. The strategy has led to significant short-term share price rallies for some of these companies, but according to market observers, the long-term success remains uncertain. While optimists see this as a step toward more mainstream bitcoin adoption, […]

XRP, DOGE Lead Crypto Losses as Weekend Pullback in Bitcoin Causes $500M Liquidations

Bitcoin experienced a significant drop from $98,500 to $95,500 on Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures. Despite the pullback, market sentiment remains optimistic, with analysts still holding a view of bitcoin reaching the landmark $100,000 figure on various […]