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Global digital asset and AI infrastructure firm Galaxy Digital has launched a new OTC (over-the-counter) prediction markets trading desk, which is expected to give institutional investors a platform to place bets on prediction events at a scale larger than retail traders.  The new service, run throu…

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ChatGPT crossed 1 billion global monthly active users in May, becoming the fastest application ever to reach that number, according to Sensor Tower. It hit the milestone roughly three years after launch, outpacing Google Maps, TikTok, Instagram, and YouTube. The milestone comes at a time when both O…

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An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month.

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Coinbase Ventures has purchased ENA tokens on the open market and announced a partnership with Ethena to build onchain savings products for more than 100 million combined users. Cryptopolitan has previously reported on Coinbase’s growing presence in the Hyperliquid ecosystem, where the exchang…

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Bitcoin Magazine

U.S. Treasury Sanctions Iran’s Largest Crypto Exchange in Sweeping Economic Warfare Push The U.S. Treasury designated Nobitex and three other Iranian crypto platforms—along with key executives—under counterterrorism and financial-sector authorities, intensifying U.S. efforts …

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Pingu Exchange (PINGU) announced its closure date as July 31 and was quickly joined by 0xPPL, which also announced that it would be ending all operations at the end of June. The development adds to the growing list of projects shutting down in the crypto ecosystem.  The news reveals a growing patter…

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Movement, the blockchain project that faced a token-dumping scandal that led to the removal of its co-founder Rushi Manche last year, has relaunched as a standalone Layer 1 network targeting stablecoin payments and remittances in emerging markets. Current CEO Torab Torabi announced the pivot, adding…

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Bitcoin Magazine

A Little Story About Inflation – An Excerpt from Bitcoin: The Honest Money An excerpt from Bitcoin: The Honest Money uses the rising cost of ice cream to explain how inflation devalues money, wages, savings, and time. This post A Little Story About Inflation – An Excerp…

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Key takeaways: Cardano is a third-generation blockchain platform launched in 2017 by Ethereum co-founder Charles Hoskinson. Designed for decentralized applications and smart contracts, it uses Ouroboros—a unique, energy-efficient Proof-of-Stake consensus mechanism. Cardano’s two-layer architec…