Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion, Bloomberg reported on Thursday night, confirming earlier reports that it had downsized its IPO. The …
The Sei Foundation, the nonprofit development organization behind the layer-1 blockchain Sei (SEI), is exploring the acquisition of bankrupt personal genomics company 23andMe and putting the genetic veri of 15 million users on blockchain rails. The …
The market capitalization of tokenized gold climbed to a record $1.4 billion in March with trading volumes soaring to yearly highs, CoinDesk Data’s monthly stablecoin report shows. The growth in market value and activity happened alongside the …
In the beginning, there were only CPUs, then GPUs, for bitcoin mining. Then came the mighty ASIC in 2013, and with it, the “shoebox” form factor that has become emblematic of the bitcoin mining industry. What comes next? Will the shoebox design …
Shares of GameStop (GME), the embattled görüntü game retailer turned memestock darling, plunged 25% on Thursday, more than erasing all the gains since the company earlier this week announced it will add bitcoin (BTC) as a treasury reserve asset. GME …
The U.S. Federal Bureau of Investigation (FBI) seized more than $200,000 in cryptocurrency from several wallets and exchange accounts linked to the Palestinian militant group Hamas, according to a Thursday announcement. According to the FBI, more …
Paul Atkins, the former member of the U.S. Securities and Exchange Commission that President Donald Trump has tapped to run the agency, assured a different direction for the agency on crypto from the last four years, though he wasn’t pressed with big …
Remittance app Abound raised $14 million in a seed round following investment from crypto heavyweights Circle Ventures and the Near Foundation. The app aims to be a financial bridge between non-resident Indians (NRIs) and India, and has processed …
CoreWeave is looking to downsize its initial public offering just one day before hitting the market, Semafor reported. The AI infrastructure firm was previously expected to raise $3 billion at a $30 billion valuation, according to the story, but the …
Tether, issuer of $144 billion dollar stablecoin USDT, has boosted its stake in Latin American agricultural firm Adecoagro (AGRO). The $12.41 per share offer, which is subject to certain closing conditions, would take Tether’s stake in Adecoagro from …
