Bitcoin
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Canton Network builder nears $300M raise led by a16z crypto
Digital Asset Holdings is reportedly raising about $300 million at a valuation near $2 billion, according to Bloomberg. Summary Digital…
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Morgan Stanley’s MSBT avoids outflows through the first month of trading
Morgan Stanley’s spot bitcoin ETF has completed its first month without a single day of net outflows, even as larger…
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Why 600 OpenAI workers just sold $6.6B in stock
OpenAI employees became some early financial winners of the AI boom after more than 600 current and former workers sold…
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Bank of England’s Andrew Bailey warns stablecoin oversight may become flashpoint with U.S.
Bank of England Governor Andrew Bailey has warned that international regulators could face a difficult confrontation with the United States…
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Crypto.com wins UAE license to unlock Dubai government crypto payments
Crypto.com said its UAE entity, Foris DAX Middle East FZE, received a Stored Value Facilities license from the Central Bank…
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Renegade recovers $190K after whitehat returns stolen crypto
Renegade.fi has recovered about $190,000 after a whitehat hacker exploited a vulnerability in one of its Arbitrum-based dark pools and…
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Anthropic raise would top OpenAI at $900bn
Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times.…
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Why Meta’s Muse Spark ditched open-source AI
Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Summary Meta…
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Why JPMorgan AI is no longer an experiment
JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in…
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OpenAI IPO nears as revenue crosses $25bn
OpenAI has crossed $25bn in annualized revenue and is actively preparing its OpenAI IPO for as early as the fourth…
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