Nasdaq-listed Solmate Infrastructure, a Solana-focused treasury and infrastructure company, has raised about $11.4 million via a registered direct offering of Class B common stock. Summary Solmate is issuing 2,298,000 Class B shares at $4.97 each The registered direct offering is expected to raise roughly $11.4 million The deal is slated to close around May 27,…
California Governor Gavin Newsom issued an executive order Thursday addressing the imminent “disruptions” of artificial intelligence on jobs. The Democratic governor and widely-rumored 2028 presidential contender directed the state to explore a number of measures to prevent nightmare scenarios for workers affected by AI job loss. The executive order focuses on policies for severance, employment…
“Zcash is built to be a rebel – and rebels rarely win popularity contests,” Gemini stated. The recent price performance of the leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and many others, reflects the broader weakness in the market, reinforcing the outlook that we are currently in a bear cycle…
Leveraged whale positions surge to 80,636 BTC — their highest since December 2023 — even as macro headwinds batter the market and retail confidence wavers Bitcoin has not had an easy May. The leading cryptocurrency has now declined for five consecutive trading days between May 15 and May 19, marking its second longest losing streak…
Storage furniture is too often drab and functional, intended to blend into the background of your home. Mustard Made is an exception. The company’s storage lockers come in a variety of loud colors that announce themselves in a room. Mustard Made makes some of our favorite storage solutions here on the WIRED Reviews team, especially…
Key Takeaways Missouri AG Catherine Hanaway sued Coinflip on May 20, 2026, seeking up to $1,826,000 in civil penalties under the MMPA. Coinflip’s 140-plus Missouri BTMs charge fees up to 21.9%, with one 80-year-old veteran losing up to $200,000 in a single scam. The lawsuit seeks a court injunction halting Coinflip operations in Missouri until…
Asset tokenization platform Securitize is moving ahead with a SPAC merger on Nasdaq, aiming to accelerate its expansion beyond stablecoins into a broader universe of tokenized securities. Summary Securitize plans to go public via a merger with Nasdaq-listed SPAC Cantor Equity Partners II (CEPT) CEO Carlos Domingo says the company is already profitable in asset…
The question that has haunted crypto markets since Bitcoin peaked at a record high last October may finally have a definitive answer. According to a new research note from Norwegian crypto analytics firm K33 Research, the bear market’s worst is likely behind us — and it bottomed at $60,000 in February. K33 Research argued in…
President Donald Trump has delayed signing an executive order that would allow the government to evaluate AI models before they’re released. Trump claimed he is not happy with the language of the order: “I didn’t like certain aspects of it,” he told the White House press pool. “We’re leading China, we’re leading everybody, and I…
A negative Coinbase Premium Index suggests that US-based institutional buyers have been largely absent from the market. Ethereum (ETH) has lost more than half its peak value in nine months, and the buyers who normally step in to cushion the fall are nowhere to be found. According to on-chain analyst Easy On Chain, the…
