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Shayne Coplan Becomes Youngest Self-Made Billionaire After Polymarket's $2B Investment

Shayne Coplan, the founder and CEO of Polymarket, has been hailed as the youngest self-made billionaire after a significant investment deal. The Intercontinental Exchange (ICE) announced it would invest up to $2 billion in Polymarket, valuing the company at $8 billion. Coplan, now 27, launched Polymarket in June 2020, focusing on leveraging cryptocurrency for a platform where users can wager on real-world outcomes, with notable success during the high-stakes environment of the 2024 U.S. presidential election. However, the journey included hurdles, such as a $1.4 million penalty for allegedly offering illegal trading, but the company transitioned from regulatory issues to operating legally in the U.S. after acquiring a licensed exchange. This trajectory has attracted wide attention and reshaped the landscape of gambling and financial forecasting, blending blockchain technology with predictive markets.

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Jack Dorsey's Square Unveils Bitcoin Payments, Wallet for Retailers

Jack Dorsey's Block has launched a new product enabling small businesses to accept Bitcoin and manage it through an integrated wallet using the Square point-of-sale system. Merchants can convert received funds into Bitcoin without incurring fees, with the ability to convert up to 50% of daily sales into

Pantera Backs TransCrypts with $15M Seed Round to Expand Blockchain Identity Platform

Pantera Capital has led a $15 million seed round for TransCrypts, a blockchain startup that enables individuals to own and share verified credentials. The funds will be used to expand the company's credential verification system into healthcare and education, following its recent HIPAA certification. TransCrypts offers a platform

Don’t be Stupid: Why Grant Cardone Says Bitcoiners Shouldn’t Chase Gold’s Historic Rally

Grant Cardone, a real estate investor, cautions Bitcoiners against chasing the recent surge in gold prices, which have risen over 50% this year. He believes Bitcoin is a more valuable and superior store of wealth compared to gold. Cardone argues that while investors might be tempted to invest in gold

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