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OpenAI has closed a record-shattering $110 billion funding round led by Amazon, Nvidia and Softbank, catapulting the artificial intelligence (AI) company to an $840 billion post-money valuation and deepening its alliances with some of the world’s largest tech players. OpenAI’s $110 Billion Power Move OpenAI announced on Friday that it has raised $110 billion in … Read more
Blockchain investigator ZachXBT has brought renewed scrutiny to Axiom Exchange after publishing findings that detail an alleged insider trading scheme involving employees with access to sensitive user data. The investigation claims that several staff members used an internal dashboard to retrieve private information, including wallet addresses, transaction histories, and tracked accounts, which was then used … Read more
Eric Trump has announced a sharp increase in Bitcoin reserves at American Bitcoin, revealing that the company boosted its $BTC holdings by 58% quarter over quarter. Speaking after the company’s latest quarterly earnings call, Trump described the performance as a defining milestone for the newly public mining firm. According to his statement, American Bitcoin significantly … Read more
A wallet linked to the Pump core treasury has transferred 11.2 billion PUMP, valued at approximately $21.22 million, to the crypto exchange Kraken, according to on-chain data shared earlier today. The transaction, which occurred about an hour before reports surfaced, represents roughly 1.12% of PUMP’s total token supply. Market watchers quickly flagged the movement, given … Read more
Block Inc. will cut more than 4,000 jobs, reducing its workforce by nearly half as CEO Jack Dorsey calls it one of the hardest decisions in the company’s history. Block Slashes More Than 4,000 Roles in Companywide Restructuring Block founder Jack Dorsey announced on Thursday, 12 minutes after markets closed, that it will reduce its … Read more
A torrent of artificial intelligence (AI) breakthroughs, billion-dollar deals and regulatory maneuvers flooded the final week of February, sharpening Wall Street’s debate over whether AI will usher in abundance or inflate a bubble that ends in tears. From Gemini to Grok: Inside the Wildest Week in AI Yet Wall Street has rarely looked so enthralled … Read more
Daniel Oliver, founder of Myrmikan Capital, discussed in a recent interview what he believes is a decisive turning point in the gold bull market — and a brewing storm in U.S. private credit. Margin Calls and Maturity Walls: Inside Gold’s New Reality Speaking in an interview with Kitco News anchor Jeremy Szafron, Daniel Oliver contends … Read more
Metamask and Mastercard have launched the Metamask Card nationwide in the United States, including New York for the first time, introducing a metal tier and onchain cashback rewards. Mastercard Powers Metamask Card Expansion to All 50 States Mastercard and Consensys announced the general availability of the Metamask Card across the United States on Thursday, marking … Read more
Onchain investigator ZachXBT on Thursday published a detailed X thread alleging that certain employees at Axiom abused internal tools to access user wallet data and potentially engage in insider trading. ZachXBT Investigation Points to Alleged Data Misuse ZachXBT posted the thread at 8:41 a.m. EST, naming Broox Bauer, known online as @WheresBroox, and describing him … Read more
Richard Blumenthal has formally launched a Senate investigation into Binance over reports that as much as $1.7 billion in cryptocurrency transfers may have flowed through the exchange to entities linked to Iran and other sanctioned networks between 2024 and 2025. According to reporting highlighted by CoinDesk, the Connecticut Democrat is demanding detailed records from Binance … Read more