Cryptocurrency
Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collateral protocol Anvil
“Businesses need to know the commitments behind payments and credit will be honored,” Joey Krug, a partner at Founders Fund, said in the announcement. “Anvil lets them secure those commitments with verifiable digital asset collateral, and the new SDK...
Cryptocurrency
Fairshake Backs 32 House Candidates As Crypto Election Spending Ramps Up
TL;DRFairshake has named 32 U.S. House candidates it plans to support ahead of the November midterms.
Six races are receiving $1 million in outside spending each, for an initial disclosed commitment of $6 million.
The slate is bipartisan, with 19 Republicans...
Cryptocurrency
OKX Adds Ripple, Circle and SC Ventures as Investors at $25B Valuation
Key TakeawaysOKX secured new strategic backing at a $25B valuation from Ripple, Circle, SC Ventures, and Qube.The round deepens OKX’s ties to Wall Street as it expands into stablecoins and tokenized finance.It remains to be seen if OKX can...
Cryptocurrency
Ethereum’s Glamsterdam Upgrade Launches on Sepolia Testnet
Ethereum’s Glamsterdam upgrade has gone live on the Sepolia testnet, in one of the final major rehearsals before its mainnet activation.Glamsterdam went live on Sepolia on Tuesday at 1:53 pm UTC, Ethereum community contributor Pooja Ranjan announced in an...
Cryptocurrency
Better Markets Says CFTC Is ‘Wrong Agency’ for Retail Crypto
Better Markets says the US derivatives regulator’s push to develop rules for certain retail crypto transactions could leave investors with weaker safeguards, arguing the agency is ill-equipped to oversee the market. The Commodity Futures Trading Commission on Monday sought public...
Cryptocurrency
Chinese Network Laundered $1B for North Korea: ZachXBT
A Chinese organized crime syndicate laundered more than $1 billion stolen in multiple crypto exploits for North Korea’s Lazarus Group, according to blockchain investigator ZachXBT. In an Oct. 5 thread on X, pseudonymous blockchain investigator ZachXBT said he posed as...
Cryptocurrency
Fairshake PAC to Initially Spend $6M on House Races as US Midterms Loom
Fairshake, the political action committee (PAC) backed by contributions from Coinbase, Ripple Labs and Andreessen Horowitz, announced that it would initially spend a combined $6 million on six House of Representatives candidates out of 32 people the group planned...
Cryptocurrency
Crypto’s campaign arm, Fairshake, sets lists of U.S. House favorites it’ll spend on
The crypto industry's leading political action committee, Fairshake, released another list of candidates it's supporting for the November elections, backing 13 Democrats and 19 Republicans — all incumbents — in their U.S. House of Representatives races.The candidates tend to...
Latest News
More than 5,000 die from Ebola in DR Congo’s deadliest outbreak
More than 5,000 people have died from an ongoing Ebola outbreak in the Democratic Republic of Congo, government data...