Draftkings, Flutter Grab Market-Maker Role, Undercut Peer-to-Peer Prediction Claim

Key Takeaways Draftkings CEO Jason Robins eyes “top two or three” global market-maker spot via the Railbird exchange. Flutter began market-making for a major third-party prediction platform in April; own platform launches soon. Flutter cut FY 2026 guidance to $18.305B revenue; Draftkings maintained its $6.5–6.9B FY range. Sportsbooks Move From Prediction-Market Products to Infrastructure Draftkings…

Read More

XLM Price Prediction: Stellar Has Been Stuck Below $0.20 for Months

Stellar (XLM) has spent most of 2026 trading below $0.20, even as the ecosystem continues to expand into stablecoin infrastructure, cross-border payments, and tokenized real-world assets (RWA). While many other altcoins have rallied strongly following hot market narratives, XLM has primarily fluctuated within the $0.15–$0.18 range for several months, despite continuous growth in Stellar network…

Read More

Ripple Gets Major Boost For Prime Brokerage Growth: $200M Debt Facility Announced

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Monday, Ripple announced that it had secured a $200 million debt facility from Neuberger Specialty Finance, an asset-based investment company dedicated to providing high-yield credit.  The company said the financing is intended to support continued expansion of its multi-asset prime brokerage…

Read More

Bitcoin Miner Cleanspark Posts $378M Loss in Q2

Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings. A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss to $378.3M for the March 2026 quarter. CEO Matt Schultz targets AI/HPC commercialization as Cleanspark doubled MW under contract with 585 MW of ERCOT capacity. Cleanspark…

Read More

Ilya Sutskever Stands by His Role in Sam Altman’s OpenAI Ouster: ‘I Didn’t Want It to Be Destroyed’

Elon Musk’s trial against OpenAI and Microsoft entered its final stretch on Monday, with testimony from Microsoft CEO Satya Nadella, former OpenAI chief scientist Ilya Sutskever, and current OpenAI chairman Bret Taylor. Sutskever drew the spotlight, revealing an ownership stake in OpenAI’s $850-billion for-profit arm that is currently worth about $7 billion. That makes him…

Read More