News Explorer — AI Agent Billy Bets Raises $1M From Coinbase and More to Disrupt Sports Betting

Generated by AI, curated by humans

May 14, 12:01 pm

Decrypt

AI Agent Billy Bets Raises $1M From Coinbase and More to Disrupt Sports Betting

The sports tipster industry, valued at $148.8 billion, lacks transparency for buyers. AI agent Billy Bets aims to revolutionize the industry by providing on-chain visibility into its betting picks and strategies, attracting notable investors like Coinbase Ventures and Serge Ibaka.

The sports tipster industry, valued at $148.8 billion, lacks transparency for buyers. AI agent Billy Bets aims to revolutionize the industry by providing on-chain visibility into its betting picks and strategies, attracting notable investors like Coinbase Ventures and Serge Ibaka.

Latest

Jun 1, 2:24 pm

Decrypt

Bitcoin Nears 2-Month Low Price After ETFs Bleed and Strategy Sells Holdings

Bitcoin's price dropped to a two-month low of $71,479 following mass ETF outflows and a $2.5 million sale by Strategy. T... Read Summary

Jun 1, 1:38 pm

Coindesk

Japan's Ruling Party Suggests Legalizing Crypto ETFs

According to a Reuters report, Japan's ruling Liberal Democratic Party proposed creating a legal framework for trading c... Read Summary

Jun 1, 12:22 pm

Decrypt

Strategy Sells 32 BTC for $2.5M

Bitcoin treasury firm Strategy sold 32 BTC last week for $2.5 million, reducing its holdings to 843,706 BTC valued at $6... Read Summary

Jun 1, 11:46 am

Decrypt

Bitcoin ETF Flows Flip Negative for 2026 as Losses Near $3 Billion Over Last 10 Days

U.S. spot Bitcoin exchange-traded funds have experienced 10 consecutive days of outflows, totaling nearly $3 billion, pu... Read Summary

Jun 1, 10:46 am

Coindesk

Cardano Summit 2026 Canceled Due to Governance Voting Failure

The Cardano Foundation's proposed Summit 2026 has been canceled after failing to secure the supermajority needed for app... Read Summary

Jun 1, 11:11 am

Decrypt

Coinbase Debuts Direct INR Banking Rails in India

Coinbase has introduced direct INR banking rails in India, utilizing the Immediate Payment Service (IMPS) to streamline... Read Summary

Jun 1, 5:04 am

Coindesk

Aave Will Upgrade Asset Review Process Following $230 Million DeFi Attack

Aave's postmortem on the $230 million DeFi attack traced the exploit to a LayerZero bridge verification failure, not a f... Read Summary

May 29, 4:20 pm

Decrypt

Wintermute Is Providing Sustained Liquidity on Prediction Market Platforms Polymarket and Kalshi

Wintermute, a major market maker in the crypto industry, has been providing liquidity on prediction markets, including P... Read Summary

May 29, 3:00 pm

Decrypt

Kalshi Secures CFTC Approval to Offer Bitcoin Perps

Kalshi has received approval from the CFTC to offer perpetual futures tied to Bitcoin's price in the U.S., marking a sig... Read Summary

May 29, 2:42 pm

Decrypt

Sui Network Goes Offline for Second Straight Day

The SUI token, native to the Sui blockchain, has dropped 20% this week due to a network stall causing downtime for the s... Read Summary

May 29, 12:39 pm

Decrypt

Bitcoin ETFs See Massive Outflows Totaling $2.8 Billion in Record 9-Day Losing Streak

Bitcoin ETFs have experienced significant outflows totaling $2.8 billion over nine consecutive days, with the largest si... Read Summary

May 29, 11:59 am

Decrypt

Ex-Police Colonels in Ukraine Accused of Kidnapping Crypto Entrepreneurs

Former Ukrainian police colonels allegedly formed a criminal gang, kidnapping crypto entrepreneurs and extorting over $2... Read Summary

May 29, 10:44 am

Coindesk

Kalshi Files Federal Lawsuit Against Minnesota's Prediction Market Ban

Prediction market Kalshi has filed a federal lawsuit against a Minnesota bill criminalizing prediction market operations... Read Summary

May 29, 10:34 am

Decrypt

Paxos Receives SEC Registration as Clearing Agency

Paxos Securities Settlement Company, a subsidiary of Paxos, has become the "first blockchain-native firm" to receive SEC... Read Summary

May 29, 9:10 am

Coindesk

Strategy's Stretch (STRC) Preferred Share Price Drops With Bitcoin

Strategy's perpetual preferred security, Stretch (STRC), experienced a drop to $97.11 as bitcoin fell to $73,000. STRC f... Read Summary