Stablecoin payments startup KAST raised an $80M Series A; sources say the raise is at a $600M valuation and KAST expects a $100M annual revenue run rate in 2026
KAST, a stablecoin payments firm, has raised $80 million in its latest funding round, as venture capitalists continue to pour money …
Nasdaq partners with Kraken to develop a framework for 24/7 tokenized stock trading, targeting a 2027 launch, focusing on corporate governance like proxy voting
Nasdaq sought approval in September to let investors trade tokenized versions of its listed stocks and other exchange-traded products
A study of 1,488 US workers finds AI use can reduce burnout but also cause “AI brain fry”, a mental fatigue from using AI tools beyond one's cognitive capacity
On New Year's Day, programmer Steve Yegge launched Gas Town, an open-source platform that lets users orchestrate swarms …
Sources: Kalshi and Polymarket are each eyeing valuations of ~$20B in fundraising talks; Kalshi was valued at $11B in December and Polymarket at $9B in October
Wall Street Journal:
A look at the rivalry between Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan, who have competing visions for how prediction markets should grow
There's one word Kalshi CEO Tarek Mansour is loath to say: Polymarket. — Like a politician swiping his never-to-be-spoken …
Filing: the US SEC settles with Tron founder Justin Sun over a 2023 case that alleged securities fraud; Tron-affiliated company Rainberry will pay the $10M fine
Filing: the US SEC settles with Tron founder Justin Sun over a 2023 case that alleged securities fraud; Tron-affiliated company Rainberry will pay the $10M fine
Sources: Kalshi and Polymarket are each eyeing valuations of ~$20B in fundraising talks; Kalshi was valued at $11B in December and Polymarket at $9B in October
Prediction market rivals are speaking to investors about roughly doubling their previous valuations
A look at the rivalry between Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan, who have competing visions for how prediction markets should grow
There's one word Kalshi CEO Tarek Mansour is loath to say: Polymarket. — Like a politician swiping his never-to-be-spoken …
US regulators say banks don't need to hold extra capital against losses when dealing with blockchain-based securities, calling their rules “technology neutral”
U.S. banking regulators clarified on Thursday that banks should not have to hold additional capital against losses …
US regulators say banks don't need to hold extra capital against losses when dealing with blockchain-based securities, calling their rules “technology neutral”
U.S. banking regulators clarified on Thursday that banks should not have to hold additional capital against losses …
Filing: the US SEC settles with Tron founder Justin Sun over a 2023 case that alleged securities fraud; Tron-affiliated company Rainberry will pay the $10M fine
Rainberry, a company affiliated with the Tron network, will pay a $10 million fine. Charges against Sun will be dismissed.
Filing: the US SEC settles with Tron founder Justin Sun over a 2023 case that alleged securities fraud; Tron-affiliated company Rainberry will pay the $10M fine
Rainberry, a company affiliated with the Tron network, will pay a $10 million fine. Charges against Sun will be dismissed.
A senior US defense official says the Pentagon formally told Anthropic that the startup and its products “are deemed a supply chain risk, effective immediately”
The Pentagon said it has formally notified Anthropic PBC that it's deemed the artificial intelligence company and its products a risk to the US supply chain …
The FBI arrests the son of a federal contractor who managed critical services and charges him with stealing ~$46M in crypto from the US Marshals Service
John Daghita was publicly accused of the crime by blockchain sleuth ZachXBT in January. — In brief
Revolut, which has about 70M clients in 40 markets, applies for a US bank charter and appoints former Visa executive Cetin Duransoy as its new US CEO
Britain's Revolut applied for a U.S. bank charter and appointed former Visa (V.N) executive Cetin Duransoy as its new CEO for the United States …
NYSE parent company ICE invests in crypto exchange OKX at a $25B valuation, without sharing the investment's size or terms, and will take a seat on OKX's board
Last summer, Haider Rafique flew out to Atlanta to meet with the chairman of the New York Stock Exchange.
Authorities from 14 countries shut down LeakBase, seize its domains, and arrest multiple people allegedly tied to the cybercrime forum, which had 142K+ members
The marketplace was one of the world's largest hubs for cybercrime with more than 142,000 members.
A Europol-coordinated law enforcement operation disrupts Tycoon2FA, a phishing-as-a-service platform linked to tens of millions of phishing messages each month
An international law enforcement operation coordinated by Europol has disrupted Tycoon2FA, a major phishing-as-a-service (PhaaS) …
Google, Microsoft, Meta, Amazon, OpenAI, and others sign a pledge at the White House to bear the cost of new electricity generation to power their data centers
Google (GOOGL.O), Microsoft (MSFT.O), Meta (META.O), Amazon (AMZN.O) and several artificial intelligence companies signed a pledge …