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A16z Urges SEC to Overhaul Digital Asset Safeguarding for Advisers
Andreessen Horowitz (a16z) has formally requested the SEC to overhaul digital asset custodial rules for registered investment advisers.The firm proposes that RIAs should be...
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AI Startups Grab 58% of Global VC Funding in Q1 2025 as FOMO Surges
AI startups dominated global venture capital in Q1 2025, securing 57.9% of all funding compared to 28% in Q1 2024.OpenAI's massive $40 billion funding...
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China Sells Seized Crypto Through Offshore Firms Despite Trading Ban
Chinese local authorities are selling confiscated cryptocurrency through offshore companies despite the country's trading ban, holding approximately 15,000 Bitcoins worth $1.4 billion by the...
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Base Token on Zora Crashes 92% After Reaching $13M Valuation
Base's social media post on Zora automatically minted as an ERC-20 token, reaching a $13 million valuation before crashing 92% to $1 million.The incident...
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Stablecoins Flourish Due to Banking Hours Limitations, Expert Says
Stablecoins emerged to address limitations in the US banking system, particularly the restricted 9-to-5 banking hours in a 24/7 cryptocurrency market.Yield-bearing cryptocurrencies are gaining...
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Miami Firm Battles Stillwater Over Cryptocurrency ATM Ban
Miami-based Athena Bitcoin is challenging Stillwater's new ordinance banning cryptocurrency ATMs, claiming it violates Minnesota state law.Stillwater police have reported over 30 crypto-related Scams...
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Panama City to Accept Bitcoin, Ethereum for Public Services
Panama City has approved cryptocurrency payments for public services including taxes, permits, and fees.The city will initially accept Bitcoin, Ethereum, USDC, and Tether (USDT)...
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Bitcoin Faces Resistance at $86,000 as Analysts Question Trend Reversal
Bitcoin faces continued macroeconomic pressure despite bouncing from local bottom near $75,000, with analysts divided on whether a trend reversal is imminent.Early signs of...
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Fomo raises $75M for social crypto trading as rules ease
Fomo has raised $75 million in venture capital at a $550 million valuation, led by Index Ventures, despite broader...
Microsoft’s Edge Store Hit by Stealthy “StegoAd” Malware
Microsoft shut down a large-scale malicious extension campaign on its Edge Add-ons store, dubbed StegoAd, which had up to...
Wells Fargo Cuts Nvidia Target But Keeps Buy Rating
Wells Fargo's Aaron Rakers reduced NVIDIA's price target from $375 to $315 but maintains a "buy" rating.The AI stock...
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