Daya, a stablecoin-powered payments and banking platform founded by former Circle and Helicarrier executives, has secured $2.4 million in a pre-seed funding …
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Scams
Morning Minute: Fomo’s $75M Raise Shows Big VCs Are Still Betting on Consumer Crypto
by shayaanby shayaanMorning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect …
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Finance
UBS Stated That the Iran-U.S. Agreement Has Eased Pressure on the Fed to Raise Interest Rates
by shayaanby shayaanLeslie Falconio, Head of Taxable Fixed Income Strategy at UBS Global Wealth Management, said that the drop in oil prices following the …
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Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs’ latest funding round drawing …
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DeFi
DeFi lender Morpho nears $2B valuation after $175M raise led by Paradigm and a16z
by shayaanby shayaanDecentralized lending platform Morpho has secured $175 million in fresh funding from investors including Paradigm, Ribbit Capital, and a16z crypto, giving the …
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Markets
Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy
by shayaanby shayaanBitMine Immersion Technologies is seeking $300 million through a preferred stock sale that would pay a 9.5% annual dividend and, if approved, …
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Finance
Thrive Capital’s ties to Trump adviser raise federal contract concerns
by shayaanby shayaanJosh Gruenbaum, the Commissioner of the Federal Acquisition Service at the General Services Administration, has been overseeing government contracts for companies backed …
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The EU crypto transaction tax under review by the European Commission could put a 0.1% levy on crypto trades across the bloc, …
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Scams
Anthropic Nears $1 Trillion Valuation, Topping OpenAI After Fresh $65 Billion Raise
by shayaanby shayaanIn brief Anthropic raised $65 billion in a Series H funding round, valuing the AI company at $965 billion. The company said …
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Regulation
The SEC wants to let newly public companies raise cash instantly in its biggest rule change in decades
by shayaanby shayaanThe U.S. Securities and Exchange Commission has proposed sweeping changes to initial public offering (IPO) and public-company rules that could make it …