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Shayne Coplan, founder and CEO of the blockchain-based prediction market Polymarket, has become the world’s youngest self-made billionaire, according to the Bloomberg Billionaires Index. The milestone follows Intercontinental Exchange (ICE) announcing Tuesday that it would invest as much as $2 billion in the company at an $8 billion pre-money valuation. ICE owns the New York Stock Exchange, one of the world’s most powerful financial institutions.Coplan, now 27, launched Polymarket in June 2020 after spending a year studying how prediction markets could improve decision-making. The platform lets users wager on real-world outcomes, from elections to sports to economic indicators, using cryptocurrency.Polymarket’s…

BlackRock’s IBIT fund sits atop all exchange-trade funds this week.The fund has taken in $3.5 billion.Every single Bitcoin ETF had inflows last week.BlackRock investors are relentless. Larry Fink’s firm led exchange-traded fund flows across every sector last week, topping the list with $3.5 billion in flows into its Bitcoin ETF, IBIT. That’s 10% of all net inflows into ETFs. In second and third place came Vanguard and State Street. Their flagship S&P 500 trackers, SPLG and VOO, hauled in $2.4 billion and $2.3 billion, respectively. What’s impressive, however, is that both are getting lapped by a two-year-old. BlackRock’s IBIT has…

A Bitcoin technical indicator has squeezed to its tightest ever level as volatility diminishes and the asset remains rangebound despite recent peaks.  “Bitcoin’s weekly Bollinger Bands recently hit record tightness,” reported chartered market technician Tony Severino on Wednesday. For now, the cryptocurrency has failed to break out above the upper band with strength, despite reaching an all-time high of $126,000 earlier this week. According to past local consolidation ranges, “it could take as long as a hundred days to get a valid breakout (or breakdown, if BTC dumps instead),” he said. Bollinger Bands are a technical analysis tool used…

While other platforms rely on algorithms and automated systems, we believe in the power of human conversation to build authentic business relationships. Every maker on our platform has shared their story with us personally, creating trust that no algorith Innovative retail platform Intention Boutique challenges mass marketplace conventions by personally vetting every seller through live conversations-prioritizing authenticity and ethics over scale. The curated alternative serves intentional shoppers seeking transparency, non-toxic products, and purpose-driven commerce that honors small-batch craftsmanship.Revolutionary thinking in e-commerce emerges as Intention Boutique Inc demonstrates how values-driven marketplace models can successfully challenge mass retail conventions through authentic seller…

US crypto exchange Gemini is set to expand its offerings in Australia with the launch of a new locally registered entity, and is taking a wait-and-see approach to recent draft laws expected to broaden oversight of the crypto sector.Gemini’s head of Asia Pacific, Saad Ahmed, told Cointelegraph that Australia’s crypto penetration is “quite significant, somewhere in the range of 23 to 25%” which leaves the exchange with “headroom for growth.”On Thursday, the exchange said it created a local entity registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, enabling it to provide access to…

We want to alert our readers and the broader crypto community that our official @TheCryptoBasic account on X (formerly Twitter) has been hacked. The attacker is currently using the account to post scam links, fake token promotions, and other malicious content pretending to be from our team. These posts are not from us. We are in direct contact with X Support and @Safety to recover the account as quickly as possible. In the meantime, please follow these important steps to stay safe:- Advertisement – 🚨 What You Should Do: Report any suspicious tweets or messages coming from the hacked profile.…

Jupiter, a decentralized trading platform on Solana, has announced plans to launch its stablecoin in partnership with Ethena Labs. The new token, called JupUSD, is scheduled to go live in mid–Q4 2025. According to an X post on Wednesday, JupUSD will be integrated across all Jupiter products, serving as collateral on its perpetual futures exchange, a liquidity asset in Jupiter’s lending pools and a trading pair.According to Jupiter, the stablecoin will be 100% collateralized by Ethena Labs’ USDtb, a dollar-pegged token backed by short-term US Treasury assets. Over time, USDe, Ethena’s synthetic dollar, will be added as collateral to optimize…

BNB, Mantle, and Aster lead gains amid a renewed memecoin frenzy on BNB Smart Chain.The “Made in China” category on CoinGecko rallied sharply this past week, led by digital assets such as BNB, Mantle (MNT), and Aster. This category, which comprises cryptocurrencies with strong ties to China, now has a total market cap of $244 billion, up 5.2% over the past 24 hours and outperforming the broader crypto market, which has declined 0.4% during the same period.Top ‘Made in China’ CoinsMNT, the native token of the Ethereum Layer 2 (L2) network, was the standout performer, surging 42.5% over the past…

The U.K.’s Financial Conduct Authority (FCA) has officially lifted its four-year ban on retail access to bitcoin and crypto exchange-traded notes (cETNs). Starting today, firms can offer retail investors exposure to bitcoin and other cryptoassets through ETNs traded on FCA-approved investment exchanges such as the London Stock Exchange or Cboe UK.  The change came into effect today after months of consultation and signals a more open — though still cautious — regulatory stance toward crypto. “Since we restricted retail access to cETNs, the market has evolved, and products have become more mainstream and better understood,” said David Geale, executive director…

Terrill Dicki Oct 08, 2025 21:27 Explore the dynamics of open and closed modes for founders, emphasizing the importance of creativity and effective execution in the business landscape. The Dual Modes of Thinking for Founders In the fast-paced world of startups and entrepreneurship, the ability to toggle between different modes of thinking can significantly impact a founder’s success. Ali Yahya, a contributor to a16z, discusses the concept of “open mode” and “closed mode” in a recent article. These modes represent two distinct ways of approaching tasks and challenges, each with its own set…