American Bitcoin, a crypto venture backed by Eric Trump, has raised $220 million from private investors to purchase bitcoin and mining equipment, with plans to go public via a merger with Gryphon Digital Mining. Crypto Firm American Bitcoin Goes Big With New Raise Amid Plans for Public Listing A crypto venture connected to the Trump…
Tron appears to have become the dominant force in the global movement of USDT, recently beating Ethereum’s daily stablecoin volume by over five times. According to CryptoQuant analyst Carmelo Alemán, on June 29, users transferred more than $6.94 million in USDT via Tron, compared to just $1.31 million on Ethereum. This demonstrates a persistent and…
Today, Google is celebrating its new “AI Mode” feature with a special Google Doodle. The Doodle – which pops up on Chrome’s new tab page across devices – features Google’s new gradient logo and directs the search engine’s users to its improved AI Mode, one that Google calls its “most powerful AI search.“ Google first…
Nearly 200 companies now hold billions in Bitcoin, but a new report cautions that only a few can avoid the dangers of a potential death spiral. Bitcoin’s (BTC) corporate adoption is accelerating fast, with nearly 200 entities now holding over 3 million BTC on their balance sheets. But as new players seem to rush in,…
The U.S. Securities and Exchange Commission (SEC) is expected to rule on the Grayscale Digital Large Cap Fund (GDLC) this week, and an expert thinks a green light is almost guaranteed. Nate Geraci, president of the ETF Store, predicted a “high likelihood” of approval, with such a decision potentially unlocking the path for the first…
A pro-Russia disinformation campaign is leveraging consumer artificial intelligence tools to fuel a “content explosion” focused on exacerbating existing tensions around global elections, Ukraine, and immigration, among other controversial issues, according to new research published last week. The campaign, known by many names including Operation Overload and Matryoshka (other researchers have also tied it to…
The Katana mainnet has officially launched, introducing a new decentralized finance (DeFi) platform designed to enhance liquidity and yield opportunities in the sector. With over $240 million in pre-deposits within weeks of its announcement, Katana is now live, offering users the chance to earn from day one through a liquidity mining incentive of 1 billion…
Key Takeaways Figma’s S-1 filing discloses $70 million in Bitcoin ETF holdings and board approval for an additional $30 million BTC purchase via USDC. Figma has allocated a total of $100 million toward Bitcoin investments as part of its corporate treasury strategy. Share this article Design software company Figma filed for an initial public offering…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ripple Vs. SEC lawsuit is nearing a conclusion following the crypto firm’s decision to drop its cross-appeal. Now, a crypto commentator has drawn the XRP community’s attention to July 3 as an important date to look forward to, as the SEC…
Venture capital firm Catalio Capital Management announced today the closing of its more than $400 million Fund IV, as first reported by Bloomberg. The fund will continue the firm’s thesis of backing healthcare and biotechnology companies. The firm was founded in 2020 and has made more than 100 investments, according to Pitchbook. Catalio’s Fund IV,…
