Crypto venture capital activity in Q1 2025 showed a fascinating divergence: while the number of deals decreased significantly compared to the same period in 2024 (405 deals, down 39.5% from 670), the total value of these deals more than doubled,…
Worldcoin, OpenAI’s digital identity project, faces significant hurdles in the US due to varying state privacy laws and global regulatory scrutiny. Its iris-scanning technology and crypto token payout system, designed to verify human identity online, have prompted investigations and bans…
Kima, a decentralized settlement protocol, has integrated into Mastercard’s sandbox program, facilitating stablecoin-powered top-ups for prepaid cards directly from self-custody wallets. This integration allows Mastercard partners to leverage Kima’s infrastructure for topping up prepaid cards using stablecoins like USDC and…
The Q-Day Prize, a competition to break a simplified version of Bitcoin’s cryptography using a quantum computer, highlights the potential threat of quantum computing to existing cryptographic systems. The prize, 1 Bitcoin, underscores the urgency of developing quantum-resistant solutions. Bitcoin’s…
Bitcoin’s price remains stagnant despite positive US inflation data. The April US Consumer Price Index (CPI) showed a smaller 12-month increase than expected (2.3% vs. 2.4%), which is generally positive news for risk assets. However, BTC/USD failed to break above…
Synthetix, a decentralized finance (DeFi) platform, is poised to expand its presence in the crypto derivatives market through the planned re-acquisition of the crypto options platform, Derive. This strategic move, detailed in a May 14th blog post, involves a token…
Semler Scientific, a medical device company, experienced a significant drop in its share price following the release of its first-quarter earnings report. The report revealed a 44% decrease in total revenue to $8.8 million, compared to the same period in…
Former Cred Executives Plead Guilty to Wire Fraud Two former executives of the bankrupt cryptocurrency lending platform Cred, CEO Daniel Schatt and CFO Joseph Podulka, have pleaded guilty to wire fraud charges. Their plea agreement, filed in a California District…
eToro, a crypto and stock trading platform, successfully completed a larger-than-expected initial public offering (IPO), raising $620 million. The company priced its shares at $52 each, exceeding its initial projected range of $46-$50. Over 11.92 million shares were sold, with…
Thailand is pioneering a novel approach to public finance by issuing $150 million worth of digital investment tokens, effectively making government bonds accessible to retail investors. This initiative, announced by Finance Minister Pichai Chunhavajira, aims to leverage the burgeoning digital…
