Kalshi and Polymarket back $35 million fund as prediction markets boom despite regulatory pressure
Two early Kalshi employees are raising up to $35 million for 5c(c) Capital, a fund aimed at backing startups building...
Business
Senators to Introduce Bill to Ban Sports Betting on Prediction Markets
US Senators Adam Schiff and John Curtis are expected to introduce a bipartisan bill on Monday that would bar sports...
Core Scientific secures $500M financing from JPMorgan to enhance data center expansion
Core Scientific, a Nasdaq-listed company that operates data centers for Bitcoin mining and AI workloads, announced it has secured a...
Stablecoins Key Role in Agentic AI, Despite Limited Adoption: Bernstein
Stablecoins could benefit from the rise of AI-driven payments over time, even as early adoption remains limited and contested, according...
Bithumb Aims to Reappoint CEO Lee Jae-won Amid Recent Regulatory Pain
Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly seeking to reappoint CEO Lee Jae-won despite recent alleged...
Mark Zuckerberg is Reportedly Using a Personal AI agent to Speed Up Work
Meta CEO and co-founder Mark Zuckerberg is reportedly building an AI agent to help handle his work in managing the...
Fidelity Requests More Clarity From SEC on Tokenized Assets and DeFi
Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory...
Nevada Judge Blocks Kalshi From Operating in State
A Nevada judge has temporarily blocked Kalshi from operating in the state, finding that state authorities are reasonably likely to...
CFTC Staff Share FAQ on Crypto Collateral
The US Commodity Futures Trading Commission has given more details on its expectations for the use of crypto as collateral...
Brazil’s New Finance Minister Puts Crypto Tax Policy on Pause: Report
Brazil’s Finance Minister, Dario Durigan, is putting crypto tax policy on the back burner until after the country’s presidential elections...
SEC Crypto Guidance Is a Major Step, but More Is Needed: Analyst
The recent guidance from the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission establishing a...
Early CLARITY Act Deal Reached Between White House and US Lawmakers: Report
Rumors are circulating that a tentative deal has been struck between the White House and US lawmakers on stablecoin yield,...
SoftBank plans 10-gigawatt AI data center in Ohio powered by $33 billion gas buildout
SoftBank is planning to build a massive AI data center complex in Ohio capable of drawing up to 10 gigawatts...
Bluesky discloses $100 million Series B as user growth tops 43 million
Bluesky has disclosed a previously unannounced $100 million Series B round led by Bain Capital Crypto, a raise that was...
Ledger taps ex-Circle exec to lead finance ahead of potential US IPO
Ledger, the Paris-based crypto security firm known for its hardware wallets, has named John Andrews as its new Chief Financial...
UBS wins approval to convert US unit into nationally chartered bank
UBS, the Swiss multinational investment bank and one of the world’s largest wealth managers, has obtained final approval from the...
Carney Takes Regulation-First Approach to Crypto in Canada
Cryptocurrencies and blockchain technology have increasingly become part of Canada’s core financial system over the past year.In November, the country...
Crypto, Fintechs Race to Own Stablecoin Settlement Rails
Stablecoin issuers and fintech-linked firms are launching payment-focused blockchains as they try to control more of the settlement infrastructure behind...
Morgan Stanley Pushes Closer to Bitcoin ETF With Amended SEC Filing
US investment bank Morgan Stanley filed a second amended S-1 for its proposed spot Bitcoin exchange-traded fund (ETF), detailing seed...
Digital Assets Move Into Core Finance, Ripple Survey Finds
In a survey released on Thursday, Ripple said 72% of more than 1,000 global finance leaders believe companies must offer...
Gemini Sued Over Alleged Deception for Post-IPO Pivot
Gemini has been hit with a proposed class action in New York for allegedly misleading investors during and after the...
Super Micro Cofounder Charged for Allegedly Funnelling AI Servers to China
US authorities say the co-founder of Super Micro Computer, Inc. has been charged and arrested over an alleged multi-billion dollar...
