OpenAI, the artificial intelligence research lab developing advanced language models, announced Friday that the company has secured $110 billion in a new funding round backed by SoftBank, NVIDIA, and Amazon at a $730 billion pre-money […]
Barclays, the British multinational banking giant, is exploring building a blockchain platform for payments and deposits, Bloomberg reported Friday, citing people with knowledge of the exploration. The bank is evaluating technology providers and aims to […]
The US Department of Justice’s Scam Center Strike Force has recovered $580 million in digital assets connected to pig butchering scams run by Chinese transnational criminal organizations, according to a Friday announcement. Established last November, […]
PayPal, MoonPay and M0 are launching PYUSDx, a platform that lets developers issue branded tokens backed by PayPal USD. The product is designed to allow app developers to launch their own dollar pegged tokens without […]
Trump Media & Technology Group (TMTG), which runs President Trump’s social media platform, said Friday it is evaluating a plan to spin off Truth Social into a standalone, publicly traded company. The spin-off would be […]
Institutions view the current crypto dip as a prime opportunity for long-term investment growth. Key takeaways Bitcoin ETFs are projected to grow significantly, potentially reaching a trillion dollars in assets. Institutional investors see the current […]
The Ethereum Foundation today unveiled Project Odin, a 12-month initiative designed to help public goods teams achieve lasting financial stability. The program targets infrastructure builders working on open-source tools, node software, and security protocols that […]
Morgan Stanley has applied to the Office of the Comptroller of the Currency (OCC) to establish a dedicated digital asset trust bank. According to a filing published on February 27, the proposed entity, Morgan Stanley […]
Magic Eden is shutting down its Bitcoin and Ethereum Virtual Machine marketplaces and discontinuing its multi chain wallet, marking a major strategic pivot away from its once dominant Ordinals business. Blockspace first reported that the […]
Paramount Skydance has agreed to acquire Warner Bros Discovery in a $110 billion deal signed Friday morning, capping a high-profile bidding battle that drew in Netflix. According to an internal townhall reviewed by Reuters, Warner […]
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