Kalshi has raised about $1.12 billion through an equity offering since April, with a new U.S. securities filing showing roughly $380 million remains available under the nearly $1.5 billion offering. Summary Kalshi has sold $1.12 billion in equity since April, according to an SEC filing. About $380 million remains available under the nearly $1.5 billion…
Target has set itself apart from big box retailers like Walmart by having trendy clothes, homegoods branded by reality TV stars and, of course, in-store Starbucks. With malls and traditional department stores in decline, Target has even become the go-to destination for stay-at-home parents who need to get out of the house (and maybe get…
Key Takeaways USDC and USDT card top-ups hit $13.8B by August 2026, pushing stablecoins into daily spending. Base led tracked spending at $1.2B, showing crypto card growth is spreading across multiple chains. Visa and Mastercard still power most cards; subsidy-free growth is next. Stablecoin Cards Move Beyond Trading as Consumer Spending Rises Stablecoins are starting…
ZEC recently surged to an 8-year high. However, it has lost $100 since then. Grayscale’s Zcash fund began trading on NYSE Arca as the Zcash ETF (ZCSH) this Tuesday, August 25, billed by the firm as the first exchange-traded product in the world to offer spot exposure to Zcash (ZEC) and carrying a sponsor’s…
More than 76% of consumers in India prefer talking to businesses over a phone call, according to a recent study from Truecaller. Since voice is still consumers’ preferred way to communicate, that leaves a big opportunity to automate support and outreach calls using voice AI in the country. Voice AI startup Ringg, which already processes…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Traditional financial institutions often operate under a dangerous assumption: if they do not offer crypto trading or digital asset custody, they are immune to digital asset risk. Former regulator and current TRM Labs APAC Compliance…
Bitcoin Core contributor Jon Atack reported on Aug. 23 that a restaurant in El Zonte, El Salvador, received its first Bitcoin payment of the month when he paid for lunch. Summary One El Zonte restaurant reportedly recorded only one Bitcoin payment during August, according to Atack. Atack explicitly described the restaurant encounter as anecdotal, not…
Meeting bots have crashed one too many calls, so Microsoft is giving IT departments a bouncer. Microsoft is rolling out a Teams policy that can automatically block detected external bots from joining meetings, removing the need for organizers to approve or reject them manually. The feature builds on Teams’ existing bot-detection system, which currently sends…
Key Takeaways Varso Gas sold a $1.53M Powerball ticket whose 180-day claim window ended Aug. 20. California schools could receive $1.53M, adding to $1.1B in unclaimed prizes since 1985. Varso Gas gets a 0.5% bonus, about $7,500, whether the Powerball prize is claimed or not. The 180-day clock ran out on 8/20 for a $1,532,761…
Brent Kovar promised 30% returns and a 100% money-back guarantee. He is now facing up to 280 years in prison. A federal jury has convicted Las Vegas businessman Brent C. Kovar of defrauding at least 400 investors of $24 million through a crypto investment scheme. Kovar owned Profit Connect, a Las Vegas-based company that…
