MARA Expands Power Capacity With $1.5B Long Ridge Deal

MARA agreed to buy Long Ridge Energy & Power in a deal valued at about $1.5 billion.MARA will assume at least $785 million of debt backed by a bridge loan.The deal includes a 505-megawatt gas plant in Hannibal, Ohio.MARA said the site could support more than 1 gigawatt of power capacity over time.The company plans to start its first AI and critical IT buildout in 2027.  MARA Holdings agreed to acquire Long Ridge Energy & Power in a deal valued at nearly $1.5 billion. The company will also assume at least $785 million in debt supported by a bridge loan. The transaction outlines a clear expansion plan tied to AI and critical IT infrastructure.  MARA Expands Power Capacity with Long Ridge Acquisition  MARA confirmed the purchase includes a 505-megawatt combined-cycle gas plant located in Hannibal, Ohio. The site also includes more than 1,600 acres with water access and existing fiber connections.  The company stated that the location offers fuel supply and grid access within the PJM network. It also confirmed that the site could support over one gigawatt of total power capacity over time.  MARA said the acquisition will increase its owned and operated power capacity by about 65%. It also expands its development pipeline

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Stratosphere Acquires Movimentum to Become the Leading Web3 Growth Marketing Agency

Stratosphere today announced its acquisition of Movimentum in a cash and equity transaction, bringing together two established teams with deep experience across Web3 growth, marketing and go-to-market execution. The move brings complementary expertise together under one brand, expanding Stratospheres execution and distribution capabilities.  More than a simple expansion, the acquisition aligns talent, execution and market insight, positioning Stratosphere to support founders and brands seeking sharper positioning, wider distribution and more effective growth.  Across both teams, the combined clientele includes many of the most recognized names in the space, including Polymarket, Jupiter, Bonk, Bored Ape Yacht Club (BAYC), Avalanche, DeLorean, Magic Eden, Meteora, Mocaverse, OpenSea, Pudgy Penguins, Polkadot and Polygon.  Beyond its Web3 portfolio, Stratosphere has delivered campaigns for globally recognized brands and leading media organizations, including Lamborghini, Oracle Red Bull Racing, Forbes and NBCUniversal. The firm is also working alongside emerging AI companies such as Targon and Venice, reflecting its growing focus on AI, data and digital infrastructure.  “This is about bringing strong people, proven execution and real market experience together under one direction,” said former CEO of Movimentum and new COO of Stratosphere, Tony Sco. “Both teams have built meaningful credibility in the space and this move gives us a stronger foundation to

05-01

Prediction markets topped $50 billion in 2025, driven by frequent small trades

For operators who wish to offer prediction markets under their own brand without having to start from scratch, a business called Shift Markets has offered a white-label software application.  The program enables several hedging strategies, connects to liquidity sources like Kalshi and Polymarket, and interfaces with pre-existing platforms.  “Prediction markets are expanding too quickly for trading platforms to ignore,” said Ian McAfee, chief executive of Shift Markets. “Most operators already see the opportunity, but dont have a clear path to enter without rebuilding their platform. Our software gives them a practical way to do that while maintaining full control over their product and user experience.”  Prediction market competition heats up  At the same time, established names are losing ground to upstart competitors.  With the debut of its mainnet beta in November, XO Market is establishing itself as a direct rival to Kalshi and Polymarket.  The creation of markets is the primary distinction.  XO Market allows users to construct their own markets and receive a portion of the revenue such markets generate, in contrast to traditional platforms that rely on internal staff to choose which events to list.  The platform has already processed over $150 million in trading activity since its introduction.  XO Market raised $6 million to support its

05-01

Mortgage your home for dividends? Strategy CEO’s pitch raises eyebrows

On March 10, 2021, Strategy (formerly MicroStrategy) founder Michael Saylor encouraged investors to use leverage and even mortgage their homes to buy bitcoin (BTC). Five years later, the companys CEO Phong Le is talking about mortgages again, but this time in relation to buying Stretch (STRC) instead of BTC.  Le talked about STRC, a stock with no guarantees of principal repayment that currently pays variable, 11.5% annualized dividends, on Natalie Brunells popular Bitcoin show.  “It almost looks like a paycheck, right? It‘s just coming in,” Le claimed in an incredible comparison of income to STRC’s variable dividends that his board of directors may suspend at any time.  He also recommended STRC to people who “might have a mortgage to pay, or they might have utility bills to pay, or a car bill.”  Then came the incredible changeover from Saylor‘s mortgage-for-BTC to CEO Le’s new mortgage-for-STRC. He told brunell:  I, just last week, bought $250,000 of STRC. The reason I did it was just to sort of go through the experience, which I enjoy doing.  I have monthly obligations. I have a 1.75% 30-year mortgage, right? And if I can, instead of paying down that mortgage, put it into an instrument that pays me 11.5%, thats 10x

05-01

KelpDAO commits 2,000 ETH to DeFi united recovery fund for rsETH restoration

ECB held rates at April 30 meeting but Lagarde stressed rising inflation and growth risks from Iran war, signaling June hike possibility.KelpDAO contributed 2,000 ETH from treasury to Aave-led DeFi United recovery planFunding aims to restore rsETH peg support following April 18 bridge exploitDeFi United has raised over $300 million from ecosystem participants to close backing shortfall  KelpDAO announced April 30 it has completed its committed contribution to the recovery fund, providing 2,000 ETH in treasury funds to the DeFi United recovery plan led by Aave, aimed at restoring peg support for rsETH and promoting the systems return to normal operation. The funding represents a one-time investment intended to restore rsETH to its nominal exchange rate following the $292 million exploit that struck on April 18.  “As part of that commitment, we are contributing 2,000 ETH from our treasury directly to DeFi United,” KelpDAO stated. The protocol emphasized that its internal commitment before any public statement was that “rsETH holders will not be abandoned,” noting the contribution is a direct manifestation of that pledge.  Multi-Protocol Recovery Effort  DeFi United, in collaboration with multiple ecosystem participants including Mantle, Consensys, Arbitrum, Lido Finance, and LayerZero, has formulated a recovery path that includes re-capitalization of the bridging

05-01

Mortgage your home for dividends? Strategy CEO’s pitch raises eyebrows

On March 10, 2021, Strategy (formerly MicroStrategy) founder Michael Saylor encouraged investors to use leverage and even mortgage their homes to buy bitcoin (BTC). Five years later, the companys CEO Phong Le is talking about mortgages again, but this time in relation to buying Stretch (STRC) instead of BTC.  Le talked about STRC, a stock with no guarantees of principal repayment that currently pays variable, 11.5% annualized dividends, on Natalie Brunells popular Bitcoin show.  “It almost looks like a paycheck, right? It‘s just coming in,” Le claimed in an incredible comparison of income to STRC’s variable dividends that his board of directors may suspend at any time.  He also recommended STRC to people who “might have a mortgage to pay, or they might have utility bills to pay, or a car bill.”  Then came the incredible changeover from Saylor‘s mortgage-for-BTC to CEO Le’s new mortgage-for-STRC. He told brunell:  I, just last week, bought $250,000 of STRC. The reason I did it was just to sort of go through the experience, which I enjoy doing.  I have monthly obligations. I have a 1.75% 30-year mortgage, right? And if I can, instead of paying down that mortgage, put it into an instrument that pays me 11.5%, thats 10x

05-01

Alternatives to Cision and Muck Rack: OMI Adds a Decision Layer That Precedes Media Databases

Most PR stacks start with the same assumption: pick a media database, build a list, and start outreach.  Cision and Muck Rack dominate that workflow. They solve a clear problem—how to find journalists and manage communication at scale. But they dont answer a more fundamental question:  Which media outlets are worth targeting in the first place?  That gap has become more visible as media ecosystems grow more fragmented and campaign budgets face closer scrutiny.  This is where a different category begins to take shape.  What Cision and Muck Rack Are Designed to Do  Cision and Muck Rack are media database platforms. Their core value is operational:Access to large journalist and outlet databasesContact discovery and relationship managementOutreach workflows and monitoringCoverage tracking and reporting  They are built to execute PR campaigns efficiently.  In practice, teams use them to build media lists, identify relevant contacts, send pitches, and track results. This model works well once the target outlets are defined, but the limitation is upstream.  Where the Workflow Breaks  Before outreach begins, every campaign depends on a series of decisions that databases dont structure:Which outlets align with campaign goalsWhich publications actually drive visibility or engagementWhich placements justify their costHow to compare outlets using consistent criteria  Teams often try to answer these questions using traffic

05-01

US Senate Passes Resolution Banning Senators From Prediction Market Trading

The US Senate unanimously approved a resolution from Senator Bernie Moreno that bars sitting senators from trading on prediction markets. The measure took effect immediately under the chambers internal Standing Rules.  The voice vote came one week after Moreno introduced the resolution on April 24. It targets event contracts offered by platforms such as Polymarket and Kalshi.  Inside the Prediction Market Ban  Moreno said the resolution amends Rule XXXVII of the Senate Standing Rules. It bars senators from entering agreements that depend on the occurrence, nonoccurrence, or scope of a specific event.  Proud to say my bill to ban members of Congress from insider trading on prediction markets just passed the Senate UNANIMOUSLY!  Serving in Congress is an honor, not a side hustle. Americans deserve to know that their leaders are here for the right reason!  That language directly captures event contracts on Polymarket and Kalshi. Users on those platforms wager on elections, legislation, economic data releases, and geopolitical outcomes.  An amendment from Senator Alex Padilla narrowed the text. The change prevents the rule from sweeping in conventional financial products such as insurance policies. Enforcement runs through the Senate Ethics Committee.  Industry Backs the Move  Kalshi chief executive Tarek Mansour applauded the rule. He noted that the platform already

05-01

South Korea’s Shinhan Card Partners With Solana to Bring Stablecoin Payments to 28 Million Users

Shinhan Card, South Koreas largest card issuer with 28 million cardholders, has signed a memorandum of understanding with the Solana Foundation. The deal covers stablecoin payment technology and joint development of next-generation payment infrastructure.  This isn‘t a small partnership. It’s one of the largest TradFi-to-crypto collaborations announced in Asia this year, and it puts Solana at the center of how a major Korean financial institution thinks about the future of payments.  Whats Actually Being Built By Solana & Shinhan  Shinhan Card and Solana already completed a preliminary proof-of-concept last year. This new MoU expands that work into an advanced PoC on the Solana testnet. The two teams are building real payment scenarios between customers and merchants while testing the networks technical stability under conditions closer to actual use.  A big part of the work focuses on non-custodial online wallets. Users keep full control over their assets without relying on a third party. That matters because it changes the trust model entirely. Traditional card payments depend on the bank or processor holding everything.  Non-custodial wallets put that responsibility on the user. Shinhan Card wants to figure out how to make that work safely at the scale of 28 million customers.  The Hybrid TradFi-DeFi Model  The partnership goes beyond

05-01

Investor Jack Selby: Markets underpricing the risk of Middle East AI pullback

A potential pullback by Middle East sovereign wealth funds could drain hundreds of billions of dollars from the artificial intelligence boom and threaten key data center projects, according to tech investor Jack Selby.  Middle East investors — including sovereign wealth funds and government entities — account for roughly a quarter of global investments committed to AI over the next five years, said Selby, managing director of Peter Thiels family office, Thiel Capital. If the war in Iran drags on, and the United Arab Emirates, Saudi Arabia and other countries divert their investments to rebuilding at home, the lost capital could ripple through data centers as well as public and private tech companies, he said.  “I think markets have underappreciated how important the Middle East region is for capex spending as it relates to AI and AI infrastructure,” Selby told CNBC in an interview. “If the Middle East starts taking some of these projects offline or canceling some of these projects, the impact on the market could be much, much, much larger than what they currently suggest.”  Selbys warning has implications for high-net-worth investors, family offices and funds betting on the AI trade. A Wall Street Journal report this week about missed revenue targets

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