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Polygon Nears Deal to Acquire Bitcoin ATM Operator Coinme, Transaction Value Could Reach $125 Million

17 hours ago

**Polygon Nears Deal to Acquire U.S. Bitcoin ATM Operator Coinme for $1B-$1.25B** Polygon is close to acquiring Coinme, a U.S. Bitcoin ATM operator, with a deal value pegged between $1 billion and $1.25 billion, sources familiar with the matter said on January 9. The transaction remains in a confidential stage. The acquisition is advised by investment bank Architect Partners. Coinme—one of the earliest Bitcoin ATM operators in the U.S.—rolled out its first compliant Bitcoin kiosk in May 2014. It now operates across roughly 49 U.S. states, supporting major cryptocurrencies at offline locations like supermarkets. Polygon closed a $450 million funding round in 2023, led by Sequoia Capital India. The potential deal is viewed as a key move for the firm to expand into crypto payments and offline access points.
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BNB Chain $100M Incentive Program to Acquire $50K Worth of "I F***ing Came" and "Binance Life"

Official sources reported on January 10 that BNB Chain has launched a $100 million new incentive program to purchase meme coins “I Stepped in Poop” and “Binance Life,” acquiring $50,000 worth of each token. Note: While the initial tweet announcement referenced “Stepped in Poop” and “Life,” further verification confirms the actual tokens purchased are “I Stepped in Poop” and “Binance Life.”

1 hours ago

S&P 500 Index Hits Intraday All-Time High

On January 10, per Bitget market data, the S&P 500 Index hit an intraday all-time high, climbing 0.6%.

1 hours ago

LA Team Associated Address Transfers $1.6M Worth of Tokens to Binance

January 10th: A wallet that received LA tokens from the team wallet five months ago has transferred $1.6 million worth of LA to Binance, per monitoring from OnChainSchool.pro. The wallet still holds $13.8 million in LA tokens.

1 hours ago

Including Former House Speaker, 30 Democratic Lawmakers Support Insider Trading Ban for Prediction Markets

On January 10, The Block reported that 30+ Democrats—including former House Speaker Nancy Pelosi—are actively supporting legislation to bar elected officials from placing politically related bets on prediction markets, following a gambling incident tied to former Venezuelan President Nicolás Maduro’s arrest. Titled the “2026 Financial Prediction Market Public Integrity Act,” the bill was formally introduced Friday by New York State Assemblyman Ritchie Torres. Earlier, a Polymarket account wagered on Maduro being “ousted” by the end of this month, netting $400,000 in profits—sparking insider trading concerns. The legislation’s rollout aligns with growing worries over such activity.

1 hours ago

Citi Adjusts Fed Rate Cut Path, Expects Cuts in March, July, and September

Jan. 10: Citigroup forecasts 25-basis-point interest rate cuts from the Federal Reserve in March, July, and September this year, per market sources—revising its prior projection which called for cuts in January, March, and September.

1 hours ago

The U.S. Supreme Court is expected to issue a ruling on the tariff case on January 14.

Jan. 10 — Market sources report the U.S. Supreme Court is expected to rule on the Trump tariff case Wednesday, Jan. 14.

1 hours ago

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