Sandeep Nailwal’s Polygon takeover is his chance to ‘go all in’
Co-founder and new CEO Sandeep Nailwal opens up about dissolving Polygon’s board, closing zkEVM and why claiming sole leadership is the network’s best shot at relevance. Go to Source
Month: June 2025
DDC Raises $528 Million to Buy BTC After Losing Money for at Least Four Years in a Row
The company’s shares were temporarily halted from trading on the New York Stock Exchange (NYSEAM) in April after its stock price fell below ten cents per share. Can Bitcoin Save DDC? Firm Raises $528M After 4-Year Losing Streak A little-known Asian food company named DDC Enterprise Limited (NYSEAM: DDC) or “DayDayCook” has raised $528 million … Read more
Netflix to Premiere “House of Streams” as Bitcoin Reaches New Highs
This content is provided by a sponsor. PRESS RELEASE. House of Streams, a new reality 9-part series that blends live-streaming culture with traditional formats, will debut on Netflix in the UK and Ireland on June 18. Filmed entirely in Malta and produced and funded by Stream House Media Productions (SHriMP.co), the series introduces a novel … Read more
Crypto users vulnerable as Trump dismantles consumer watchdog
The Trump administration, supported by major US crypto firms, has largely dismantled the Consumer Financial Protection Bureau, leaving consumers vulnerable. Go to Source
No Rate Cut, No Filter: Trump Slams Fed Chair With Nicknames and Jabs
Ahead of Wednesday’s Federal Reserve announcement, U.S. President Donald Trump took a jab at Fed Chair Jerome Powell, joking that he’s called him every name in the book in a bid to convince him to lower the federal funds rate. Powell Ignores Name-Calling as Fed Expected to Hold Rates at 99.9% The U.S. Federal Open … Read more
Bitcoin Bet: Healthcare Firm Prenetics Invests $20M After Market Cap Drops 94%
Prenetics Global Limited has disclosed plans to establish a corporate bitcoin treasury despite a 94% stock decline since its 2022 public debut. Prenetics Allocates to Bitcoin The Nasdaq-listed health sciences company purchased $20 million worth of bitcoin (187.42 BTC at $106,712/ BTC) via Kraken, it announced on June 18. The move follows a 1-for-15 reverse … Read more
Senate passes GENIUS stablecoin bill amid concerns over systemic risk
The US Senate voted to pass the GENIUS Act, a bill regulating stablecoins, but observers believe lawmakers may have ignored stability concerns in Treasury markets. Go to Source
The empire strikes out: Institutionalists failed to kill the stablecoin bill
Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establishment resistance. Go to Source
Bitcoin eyes $105K pre-FOMC as Trump reveals Iran asked for dialogue
Trump offers light relief for Bitcoin price action while calling Fed Chair Jerome Powell a “stupid person” with interest-rate cut hopes absent. Go to Source
How a fake tweet from Paraguay pushed Bitcoin to $110K
A fake post from the Paraguayan president’s X account claimed Bitcoin was now legal tender, triggering a sharp 4% price spike. Go to Source
