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Sam Altman’s World Raises $135M in Token Sale to a16z and Bain Capital Crypto

Sam Altman’s World Raises $135M in Token Sale to a16z and Bain Capital Crypto

Sam Altman’s blockchain project World Network has raised $135 million in a private token sale of its WLD token. The sale was to venture capital giants a16z and Bain Capital Crypto and will be used to...
May 22, 2025
bitcoin
Senate's New Stablecoin Draft Doesn't Target Trump's Crypto, Tweaks Big-Tech Approach

Senate's New Stablecoin Draft Doesn't Target Trump's Crypto, Tweaks Big-Tech Approach

The latest draft of the U.S. Senate’s stablecoin legislation includes enough changes that Democratic senators may now have an easier time getting back on board, though consumer advocates say it still...
May 16, 2025
bitcoin
PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential

PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential

Banks need to be part of crypto for stablecoins to succeed—that was the message from Jose Fernandez da Ponte, PayPal’s senior vice president of digital currencies, during a panel discussion at Consens...
May 16, 2025
bitcoin
Stabledollars: The Third Act of Dollar Reinvention

Stabledollars: The Third Act of Dollar Reinvention

The SEC has been investigating crypto exchange Coinbase (COIN) over whether it misstated its user numbers in past securities filings and marketing materials. The probe began under the former presiden...
May 12, 2025
bitcoin
DogeOS Raises $6.9M to Launch Dogecoin App Layer

DogeOS Raises $6.9M to Launch Dogecoin App Layer

DogeOS, an application development layer for the Dogecoin ecosystem, announced the successful closing of a $6.9 million funding round led by Polychain Capital. This capital infusion will fuel the expa...
May 11, 2025
bitcoin
Bitcoin Nears $100K as Trump Teases ‘Big’ Trade Deal

Bitcoin Nears $100K as Trump Teases ‘Big’ Trade Deal

Bitcoin zoomed close to $100,000 early Thursday as President Donald Trump said a tariff deal with a “big, highly respected country” is to be announced soon. Trump will hold a “major” trade deal news c...
May 9, 2025
bitcoin
Stabledollars: The Third Act of Dollar Reinvention

Stabledollars: The Third Act of Dollar Reinvention

Eight decades of dollar history can be read as a three-act play. Act I was the Eurodollar—off-shore bank deposits that sprang up in 1950s London so the Soviet bloc, European exporters, and eventually...
May 9, 2025
bitcoin
Reflections on Those MSTR Bitcoin ‘Earnings’

Reflections on Those MSTR Bitcoin ‘Earnings’

MSTR earnings came out May 1. My morning media stops last Thursday (here and here) asked for a preview. We don’t talk about stocks, so I planned to zoom out and hit themes. While preparing, I had to s...
May 7, 2025
bitcoin
In $2.9B Deal, Coinbase Agrees to Buy Deribit to Expand in U.S. Crypto Options Market

In $2.9B Deal, Coinbase Agrees to Buy Deribit to Expand in U.S. Crypto Options Market

Coinbase agreed to pay $2.9 billion to buy bitcoin (BTC) and ether (ETH) options platform Deribit, according to a press release, marking its official push into the highly profitable crypto derivatives...
May 7, 2025
bitcoin
DOGE Mining Firm Z Squared to Go Public Through Merger

DOGE Mining Firm Z Squared to Go Public Through Merger

Z Squared, a firm that specializes in mining dogecoin (DOGE), the dog-themed memecoin that was propelled to mainstream recognition by Elon Musk in 2021, is merging with biopharmaceutical company Coept...
Apr 28, 2025
bitcoin
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