Robinhood Ventures Fund II has raised $225.5 million and opened at $22.50 on the New York Stock Exchange, 10% below its $25 initial public offering price. Summary RVII raised $225.5 million after offering 8 million shares at $25 each. The fund opened at $22.50 on the NYSE, 10% below its IPO price. Its portfolio targets…
As you’ve no doubt noticed, there’s a lot to read on the internet. Vast numbers of new articles are published every day. There’s still quite a lot of it not being written by AI, too. Trying to keep up with everything can feel exhausting, and that’s where read-it-later apps come in. These apps will queue…
Galaxy Israel’s Lior Lamesh said the future of finance will run on open, programmable rails. Bank Leumi will offer Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) trading to roughly 2.5 million retail customers from early 2027 through a partnership with Galaxy Digital (GLXY), the two companies said on August 14, in what they describe…
A woman identified as Jane Doe 4 has joined a lawsuit filed by three Tennessee teenagers against Elon Musk’s xAI over the role the company’s chatbot Grok allegedly played in creating child sexual abuse material. According to a report in The Washington Post, the woman alleged that her stepfather used Grok to manipulate a photo…
Key Takeaways Mubadala and ADIC held 22.94 million IBIT shares worth nearly $764 million on June 30. Mubadala and ADIC took a $118 million Q2 hit without reducing their net IBIT shares. Q3 filings will show whether Mubadala and ADIC hold, add or cut 22.94 million IBIT shares. Mubadala Investment Company and the Abu Dhabi…
XRP price has steadied near $1 as whale transfers to Binance fell to their lowest level since 2021, although weak demand and bearish chart signals continue to limit a recovery. Summary XRP price traded near $1.00 after losing about 3.2% over the past seven days. Binance whale inflows fell to $61 million on a three-month…
Microsoft has spent years retreating from China. AI may be a reason it does not leave entirely. Reuters reports that the company has closed at least 15 offices and joint ventures in China and came close to executing a complete exit in 2023, as geopolitical tensions, tighter Chinese technology policies, and U.S. export controls have…
Ethereum remains trapped in a difficult consolidation phase, with weak liquidity and subdued trading activity preventing either side from establishing control. While ETH is holding near $1.88K, the latest short-term structural break introduces additional downside risk. Ethereum Price Analysis: The Daily Chart The daily chart continues to show a market suffering from a clear lack…
Before there was Donald Duck or Goofy or even Mickey Mouse, there was Oswald the Lucky Rabbit. And now Oswald is finally getting his very own TV miniseries. At this year’s D23 fan event, Disney announced that Oswald the Lucky Rabbit will star in a live-action animated three-part TV miniseries on Disney+. The “Oswald” miniseries is written,…
Key Takeaways Roughnecks mined just 4 BIP-110 blocks after Bitcoin split at block 961632 on Aug. 8. BIP-110 has 400,000+ transfers waiting, with zero exchange support or market price. A great deal of those transfers are accidental. BIP-110 backers plan a September Blake2b PoW shift to escape SHA-256 difficulty. What Happened? The BIP-110 faction broke…
