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Tether Investments is pushing for a bold three-way merger between Twenty-One, Strike, and Elektron — a deal that would create a publicly traded Bitcoin giant combining mining, treasury management, and financial services under one roof. It's an ambitious consolidation bet on crypto's long-term staying power.
Meanwhile, the prediction market space is heating up fast. Gemini, the exchange run by Tyler and Cameron Winklevoss, has secured a derivatives license and is now positioning itself to compete directly with Kalshi and Polymarket. The move comes just as a separate incident on Polymarket exposed a deeper problem — not the trading itself, but the reliability of the real-world data used to settle those bets. Two stories that together reveal prediction markets are growing faster than the infrastructure supporting them.
And over at X, the platform formerly known as Twitter is rolling out a fully rebuilt advertising system powered by artificial intelligence. It's a significant move for a platform that has struggled to hold onto ad revenue since its ownership changed hands, and a sign that Elon Musk's team is still betting on the ad model to fund its ambitions.
That's your update for today. Keep surfing. Tech Beat out.
