Elizabeth Holmes’ partner reportedly fundraising for new blood-testing startup

Billy Evans, partner of Theranos founder Elizabeth Holmes, is working on a new startup that seeks to deliver “human health optimization” through blood testing, according to The New York Times. The Times reportedly spoke to two investors pitched on the startup, called Haemanthus, and also viewed some of Haemanthus’ marketing materials. In those materials, the…

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Coinbase CEO passes on Saylor’s Bitcoin balance sheet bet

Coinbase CEO Brian Armstrong revealed that the company once debated copying Michael Saylor’s aggressive Bitcoin-buying strategy. The 42-year-old billionaire, during a live Q&A session via X on May 9, discussed details regarding Coinbase’s balance sheet. While Armstrong considered putting most of the balance sheet into crypto, he ultimately chose a more cautious path. “There were…

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BIS Study Shows Low-Value Bitcoin Transfers Reshape Remittances Amid High Traditional Costs

A new study by the Bank for International Settlements reveals cross-border crypto asset flows surged to $2.6 trillion in 2021, with stablecoins and emerging markets reshaping global financial networks. High Inflation Spurs Bitcoin and Stablecoin Adoption in Emerging Markets, BIS Research Reveals The latest Bank for International Settlements (BIS) working paper #1265 reveals cross-border crypto…

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Vivek Ramaswamy’s Strive to establish Bitcoin treasury company in merger with Asset Entities, eyes $1B raise

Key Takeaways Asset Entities and Strive Asset Management are merging to establish a public Bitcoin treasury company. The new entity will allow Bitcoin holders to exchange assets for public stock tax-free. Share this article Asset Entities, a technology firm specializing in social media marketing and content delivery across platforms, announced today it has entered into…

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