A Polymarket market with over $80 million in bets on whether MicroStrategy (now Strategy) would sell Bitcoin by May 31 has entered a dispute. The company disclosed selling 32 BTC between May 26 and May 31, but only revealed this publicly on June 1. Polymarket proposed a “No” resolution, arguing the sale confirmation was not public before the deadline, but users challenged this, saying the sale happened within the timeframe regardless of disclosure timing. The final decision now rests with UMA tokenholders, who will interpret whether the timing of the sale or its public confirmation determines the outcome. This dispute highlights challenges in prediction markets when event timing and disclosure differ.
Alphabet announced a massive $80 billion equity raise to fund its AI infrastructure, including $30 billion in public offerings and a $40 billion at-the-market program. This move follows an increase in its annual capital spending forecast to $180-$190...
SpaceX filed an amended S-1 with the SEC ahead of its IPO later this month, revealing plans to issue significant equity for future transactions, possibly including a Tesla merger. The filing reaffirmed SpaceX's Mars colonization goal, linking Class B...
Tesco has partnered with Perceptyx to improve how it collects and acts on employee feedback across its global workforce of 340,000. The collaboration introduces AI-powered tools to enable continuous listening and faster, more consistent responses to ...
RedotPay has introduced RedotPay Connect, a new B2B payment gateway that allows merchants to accept stablecoin payments and instantly settle in local currencies like USD, EUR, and GBP. This platform reduces merchant fees by up to 70% compared to trad...
Municipality Finance Plc has issued NOK 1 billion notes under its Medium Term Note (MTN) programme, with a maturity date set for November 3, 2031. These notes carry a floating interest rate tied to the 3-month Nibor plus 10 basis points per annum. Th...
