This week’s vote on stablecoin legislation ensures that finance will continue to be dollar-denominated and governed by American values, says Kristin Smith. We are closer than ever to cementing America’s global leadership in digital asset innovation. Next week, the Senate will hold its final vote on the Guiding and Establishing National Innovation for U.S. Stablecoins […]
The crypto advocate is preparing to lead ProCapBTC in bid to mirror the bitcoin treasury strategy pioneered by Strategy’s Michael Saylor, the Financial Times reported. What to know: Anthony Pompliano, a longtime cryptocurrency evangelist and CEO at Professional Capital Management, is set to become CEO of ProCapBTC, a new investment vehicle aiming to acquire large […]
Specific details around the size and valuation of the offering remain undisclosed. What to know: Gemini Space Station Inc., the crypto exchange and custody platform founded by Cameron and Tyler Winklevoss, has taken a significant step toward becoming a publicly traded company. The firm announced Friday that it has confidentially submitted a draft registration statement […]
The BidenCash marketplace was used to buy and sell stolen credit cards as well as related personal information. What to know: The U.S. seized 145 darknet and internet domains as well as cryptocurrency funds linked to BidenCash, a market for buying and selling stolen credit card details and associated personal information, the Attorney’s Office for […]
High throughput blockchain Keeta is facilitating credit data platform SOLO to create PASS, an on-chain bank-grade financial identity layer. What to know: High throughput blockchain Keeta and credit data platform SOLO, companies both backed by former Google CEO Eric Schmidt, are introducing an on-chain credit bureau to give digital asset owners access to mortgages, small […]
The company could become the latest crypto firm to sell as bitcoin’s rally fuels an acquisition boom. What to know: CoinFlip, a Chicago-based operator of more than 5,500 cryptocurrency ATMs globally, is exploring a potential sale as merger and acquisition activity heats up across the digital asset sector, according to Bloomberg. The company is working with an […]
The company’s bitcoin output rose 35% month-over-month, hitting its highest level since the 2024 halving. What to know: Bitcoin miner MARA Holdings (MARA) produced 950 BTC in May, a 35% increase from the previous month and its strongest output since the Bitcoin halving in April 2024, the company said Tuesday. The firm also set a new internal […]
The group’s massive bet on Jony Ive’s hardware venture isn’t a strategy. It’s desperation, says Shaw Walters, the founder of Eliza Labs, and creator of ElizaOS. OpenAI just spent $6.4 billion acquiring io, Jony Ive’s nascent hardware venture. As someone who grew up idolizing the Jobs-Ive partnership—Mac Addict subscription, Marathon on shareware, one of everything they […]
The messaging app, with over 1 billion users, plans to use $955 million to buy back existing bonds and the remaining $745 million for growth. What to know: Telegram has secured $1.7 billion by issuing five-year convertible bonds, aiming to refinance existing liabilities and push out repayment deadlines. The messaging app, which now counts over […]
The structured product gives exposure to BTC price changes and USD/RUB exchange shifts. What to know: Sberbank, Russia’s largest bank, has introduced a new structured bond that tracks the price of bitcoin BTC$105,033.01 and the dollar-to-ruble exchange rate. Initially available over the counter to a limited pool of qualified investors, the bonds let holders earn based on […]