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Nova Labs appoints Mario Di Dio as CEO after selling Helium Mobile to Noble Mobile.

Market News
17 Jun 2026
Crypto Briefing
View Source
Bearish
Nova Labs appoints Mario Di Dio as CEO after selling Helium Mobile to Noble Mobile.

Nova Labs has appointed Mario Di Dio as its new CEO following the sale of its consumer wireless service, Helium Mobile, to Noble Mobile, a company founded by Andrew Yang. Co-founder Amir Haleem stepped down from the CEO role to become chairman. The sale marks a strategic shift away from direct consumer services to focus on building and maintaining the Helium decentralized wireless network infrastructure. Meanwhile, Helium's native token HNT has fallen about 96% from its 2021 peak, and investors are watching Di Dio's upcoming June 17 fireside chat for insights on future partnerships, network use, and revenue prospects amid leadership changes and market challenges.

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Polygon burns 100 million POL tokens, cutting total supply by 1%.

Polygon burns 100 million POL tokens, cutting total supply by 1%.

Polygon Foundation CEO Sandeep Nailwal announced that 100 million POL tokens have been permanently burned, reducing the total supply by about 1%. This burn represents one out of every 100 POL tokens in circulation, potentially impacting token scarcit...

Protocol Fundamentals
Bullish
4 hours ago
DraftKings sees 10.4% customer growth and $11B volume surge, eyeing stronger H2 2026 despite near-term EBITDA challenges.

DraftKings sees 10.4% customer growth and $11B volume surge, eyeing stronger H2 2026 despite near-term EBITDA challenges.

DraftKings' prediction platform has driven a 10.4% year-over-year increase in unique customers and a volume surge from $2.3 billion to $11 billion in just three months. The company's ambitions to become a Super App and aggressive customer acquisition...

Analyst Insights
Bullish
4 hours ago
A wallet received 45,000 ETH worth $119.67M from Galaxy Digital's OTC desk, holding over $153M in total ETH.

A wallet received 45,000 ETH worth $119.67M from Galaxy Digital's OTC desk, holding over $153M in total ETH.

A wallet recently received 45,000 Ether (ETH) from Galaxy Digital's over-the-counter (OTC) desk in a transaction valued at approximately $119.67 million, with an average price of about $2,659 per ETH. After the transfer, the wallet combined these new...

Market News
Neutral
4 hours ago
Polygon burns 100 million POL tokens, cutting supply by 1% in a community-driven move

Polygon burns 100 million POL tokens, cutting supply by 1% in a community-driven move

Polygon Foundation permanently burned 100 million POL tokens, about 1% of its total supply, completing a planned token reduction. The burn contract was made accessible for community members to trigger, reflecting a community-driven approach. CEO Sand...

Protocol Fundamentals
Bullish
4 hours ago
Kurv Gold Enhanced Income ETF offers gold exposure with high monthly yield via dynamic options strategy.

Kurv Gold Enhanced Income ETF offers gold exposure with high monthly yield via dynamic options strategy.

The Kurv Gold Enhanced Income ETF (KGLD) provides investors with gold exposure combined with a monthly income through a dynamic options strategy. It maintains a strong correlation with the gold price benchmark IAU and outperforms typical call-writing...

Market News
Bullish
4 hours ago
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