The venture capital giant filed an 18-page letter telling federal regulators to hold the line. On the other side: a coalition of attorneys general from nearly every state in the country.
The co-founder thinks the industry is building quantum-resistant walls out of materials it doesn't fully understand. Solana already picked its algorithm. Most chains haven't started.
The sector added $1.08 billion in a single week. Tether lost $271 million of it. USDS gained $503 million. The pecking order is shifting.
The sector dropped 66% from March's record. But the real story is who grabbed the crown while everyone was looking the other way.
The fund is half the size of its 2022 vehicle. The thesis is completely different. Stablecoins, prediction markets, and AI agents replaced the Web3 dream.
Patrick Witt told Consensus Miami the executive branch can take a 'big step forward' without waiting for Congress. But the last time Treasury was asked about buying BTC, the answer was no.
Three funding rounds in seven months. Annualized volume tripled to $178 billion. Five states are suing it. Coatue, Sequoia, and Morgan Stanley all wrote checks anyway.
Payward just paid $600 million for a Hong Kong payments company that makes money moving stablecoins across borders. The firm was already profitable on $60 million in total funding.
Push notifications said BTC hit a 52-week low. Charts showed candles at two cents. XRP and Solana displayed the same crash. No major exchange recorded a single matching trade.
Revenue down 31%. Stock down 5%. 700 employees gone. And the company added Bitcoin to its treasury the same quarter it posted a $482 million unrealized crypto loss.
88 trades over nine months. Average price: $350. The stock is at $170 now. The sales stopped in January. The losses started in Q1.
South Korea now requires homebuyers to disclose crypto sales in their financing plans. The first batch of data is in, and it tells a generational story.
The rejection puts GameStop's 4,709 BTC position back in play. Ryan Cohen called the deal more compelling than bitcoin. The market is not so sure.
Two of crypto's biggest private companies pulled their IPO plans within months of each other. The only firm that went through with it is now trading 36% below its listing price.
Japan's second-largest telecom bought 14.9% of Coincheck, the exchange that lost $530 million in 2018 and rebuilt from scratch. The deal closes in June.
The decentralized AI compute protocol raised $78 million from a16z, Galaxy, and CoinFund. Only 13% of tokens are circulating. Binance gave it a Seed Tag.
