Headlines

Kalshi raises $1b, HIVE secures $129m

Crypto and crypto-linked companies announced at least $1.24 billion across 10 disclosed financings during Oct. 24–30, led by Kalshi’s $1 billion Series G, while Ibis unveiled a separate $250 million institutional lending facility. Summary Ten disclosed financings totaled approximately $1.24 billion, with Ibis announcing separate institutional lending capacity. Kalshi secured $1 billion at a $40…

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Binance Hackers Deploy ‘Never-Seen-Before’ Crypto Laundering Tactics

Key Takeaways Recurring wallet activity suggests automated laundering of stolen assets. Stolen Binance assets mixed with funds from September’s Bitget theft. Attackers exchanged $325 million in stablecoins for $285 million in ether. Thousands of Transfers Point to Automated Laundering Blockchain analytics firm Chainalysis identified suspected automated laundering on Oct. 30 after a Binance theft it…

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Pile-ins, payouts, and pacing pressure: the investors behind the VCs open up

The limited partners who provide the capital to venture firms — the “money behind the money” — are feeling great right now. They’re in uncharted territory in many ways, but also potentially exceedingly lucrative territory. Normally, LPs typically spread their bets across many firms to diversify their own portfolios. They write checks to emerging managers…

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