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Crypto startups scaring away VCs with 80x valuations: 10T Holdings
Venture capital firms are increasingly cautious about investing in crypto startups that demand exceptionally high valuations relative to their income, as this practice can reduce p...
Read Full Article →Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI
Bitfarms reported a substantial increase in first-quarter net losses despite higher revenue, reflecting challenges in Bitcoin mining profitability and ongoing investments to expand...
Read Full Article →Crypto execs flock to DC to support Senate stablecoin bill
Lawmakers’ upcoming decisions on stablecoin regulations could significantly impact the digital asset market by shaping investor confidence and influencing the future growth of cryp...
Read Full Article →Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old
Warren Buffett indicated that his decision to relinquish the CEO role was influenced by his recognition of aging's inevitable impact on his capacity to lead the company effectively...
Read Full Article →Klarna CEO says AI helped company shrink workforce by 40%
The integration of artificial intelligence at the Swedish fintech firm has resulted in a substantial reduction of nearly half its staff, reflecting significant cost-saving measures...
Read Full Article →Price predictions 5/14: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
Recent market activity shows persistent interest from major holders in Bitcoin, while rising demand in various alternative cryptocurrencies indicates potential shifts in portfolio...
Read Full Article →Former front-runner for CFTC chair role resigns to lead Blockchain Association
The departure of a key Commodity Futures Trading Commission official to lead a prominent blockchain advocacy group may influence upcoming regulatory decisions impacting digital ass...
Read Full Article →Coinbase CEO wants to hire DOGE staff to help improve the global financial system
Coinbase’s leadership is seeking to recruit former US government efficiency officials to enhance its operations, potentially impacting the broader financial landscape through incre...
Read Full Article →CFTC’s Summer Mersinger named CEO of Blockchain Association
The appointment of a former CFTC Commissioner as CEO of a major crypto advocacy group may influence regulatory approaches and market confidence amid increasing scrutiny of digital...
Read Full Article →CFTC commissioner will step down to become Blockchain Association CEO
The transition of a key US financial regulator to lead a prominent digital asset advocacy group may influence regulatory approaches and political appointments affecting the future...
Read Full Article →The facet of TradFi most ripe for disruption is equities
Innovations in decentralized finance could dramatically improve global participation in share ownership by addressing outdated pricing transparency, execution barriers, and slow se...
Read Full Article →French minister to meet crypto firms after kidnapping attempt
The recent kidnapping attempt involving a cryptocurrency executive's family underscores growing concerns about physical security risks, potentially impacting investor confidence an...
Read Full Article →Direct Line suffers shareholder revolt over CEO’s huge pay day
Shareholders expressed strong opposition due to the CEO receiving a substantial compensation package, raising concerns about executive pay amid the company’s upcoming £3.7 billion...
Read Full Article →Top South Korean presidential hopefuls support legalizing Bitcoin ETFs
If South Korea legalizes spot Bitcoin ETFs as supported by leading presidential candidates, it could significantly expand institutional participation and diversify investment flows...
Read Full Article →Tesla might give Elon Musk a new pay package
Tesla is considering a new compensation plan for its CEO, potentially involving equity incentives, as a way to provide financial rewards following the recent judicial rejection of...
Read Full Article →Western carmakers risk wipeout in China, warns Jeep owner Stellantis
Several Western automotive companies face increasing financial challenges in China due to declining market presence, prompting concerns among industry leaders about potential long-...
Read Full Article →Decentralized OORT AI data hits top ranks on Google Kaggle
The prominent placement of a community-curated and token-incentivized AI training image data set on a leading data science platform highlights its growing market relevance and pote...
Read Full Article →How to spot a fake crypto investment platform: 10 red flags
Identifying deceptive digital asset platforms is crucial to protecting funds, as fraudulent sites often employ misleading information and unrealistic promises to exploit inexperien...
Read Full Article →Brian Armstrong Makes ‘Open Call’ For Ex-DOGE Staff to Join Coinbase
Brian Armstrong’s invitation to former DOGE employees to join Coinbase could influence talent acquisition strategies and potentially impact the company’s operational growth and mar...
Read Full Article →The Cybertruck was supposed to be apocalypse-proof. Can it even survive a trip to the grocery store?
Tesla’s Cybertruck has struggled to attract its intended niche market, leading to financial challenges that reflect the gap between its ambitious design and consumer acceptance.
Read Full Article →Shocking video footage of attempted kidnapping of crypto CEO’s daughter in Paris surfaces
The attempted abduction of the Paymium CEO’s family members could impact the company’s market reputation and raise concerns among investors regarding executive security and operati...
Read Full Article →Elon Musk pay talks at Tesla present dilemma given automaker’s premium and his controversial profile
Tesla’s leadership faces a complex decision in restructuring the CEO’s compensation, balancing the company’s high market valuation with the mixed public perceptions surrounding his...
Read Full Article →CFTC Commissioner Mersinger exits to lead Blockchain Association as CEO
Summer Mersinger’s departure from a key regulatory position to lead the Blockchain Association as CEO could influence the direction of cryptocurrency policy and market development...
Read Full Article →European court sides with NYT over requests for von der Leyen’s texts with Pfizer CEO
The ruling may impact transparency in government communications and affect future access to documents related to pharmaceutical negotiations, potentially influencing public oversig...
Read Full Article →Apple spent many years and billions of dollars investing in China. Now it's stuck there.
Apple's substantial financial commitment to establishing operations in China has created significant economic challenges for the company amid evolving market and geopolitical condi...
Read Full Article →Ex-SEC Chair Gary Gensler privately supported crypto — McHenry
Gary Gensler’s complex approach to cryptocurrency regulation influenced market behavior and industry investment, as his leadership at the SEC led to significant enforcement actions...
Read Full Article →Kima joins Mastercard sandbox to enable stablecoin card top-ups
The collaboration enables prepaid card providers to leverage Kima’s infrastructure for seamless, compliant stablecoin funding from multiple blockchain wallets, potentially enhancin...
Read Full Article →Wednesday’s Insider Report: CEO buys this oversold stock yielding over 5%
The recent purchase by the company’s chief executive highlights investor confidence in a stock currently undervalued and offering a dividend return exceeding five percent.
Read Full Article →Alarm bells ring in US over OpenAI’s crypto project World
World’s expansion into the U.S. market involves significant financial stakes, as widespread regulatory uncertainty and varying biometric data laws may impact consumer trust and the...
Read Full Article →Crypto swapper eXch shows signs of life after post-Bybit shutdown
Despite official shutdowns and asset seizures, the crypto swapping platform’s covert continuation highlights persistent challenges in tracing illicit flows and enforcing cross-bord...
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