Private company shares still trade through bilateral, paper-heavy processes that keep most investors out of venture-backed growth. Citi is now applying the …
company
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Markets
Binance co-founders CZ and Yi He adopted Simpsons cartoon aliases ‘Homer’ and ‘Marge’ in company meetings
by shayaanby shayaanYi, who is now the co-CEO of Binance alongside its other chief Richard Teng, still uses the name Marge in meetings and …
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Amid scrutiny and accusations of conflicts of interest from many lawmakers, the US Office of the Comptroller of the Currency (OCC) gave …
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Adoption
SpaceX Revenue Beat Overshadowed By $540 Million Bitcoin Impairment As Public Company Era Begins
by shayaanby shayaanSpaceX cleared Wall Street’s revenue target in its first earnings report as a public company. The celebration didn’t last long. A $540 …
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Finance
Ten mystery investors are using 2,380 BTC to completely hijack a Nasdaq company and gut its leadership
by shayaanby shayaanZhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a $154.7 million private investment in public equity (PIPE) agreement payable in 2,380 $BTC. …
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Finance
Biotech company asks shareholders to dilute stock by 951% to hoard illiquid crypto token instead of funding its own drug
by shayaanby shayaanEnlivex, a Nasdaq-listed biotechnology company, is asking shareholders to authorize up to $800 million of financing tied to the $RAIN crypto token. …
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In brief A German court ruled that Suno infringed copyrights by using music from GEMA’s catalog without a license. The decision requires …
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Mining
A cleaning company with just $4.1M in cash and a stash of Dogecoin just committed $500M to an AI mega-deal
by shayaanby shayaanCleanCore Solutions, a cleaning-products and Dogecoin-treasury company pivoting into AI infrastructure, announced a Minnesota data-center venture whose operating company is a party …
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Markets
Company behind AI trade that caused $60 million crypto liquidations to cover all losses
by shayaanby shayaanThe mark price fell 19% on a single pre-market trade in Korea. The company says its oracle worked exactly as designed. www.coindesk.com
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Analysis
Nvidia Relinquishes Largest U.S. Company Title to Apple as AI Chip Stocks Slide
by shayaanby shayaanNvidia has surrendered its position as the biggest American company by market capitalization back to Apple after its stock price fell sharply. …