exchanges·19d ago
Kalshi in advanced talks for funding at $40B valuation
Reuters reports the prediction market is negotiating a round that would value it at $40 billion, up from $22 billion four months ago.
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technology·66d ago
Musk Owns 48.4% of SpaceX, Controls 82% of Votes, SEC Filing Shows
Elon Musk holds 48.4% of SpaceX and over 82% of voting power, per a new SEC filing.
markets·92d ago
Kamath and Armstrong Warn on AI Valuations, Compare to Dot-Com Crash
Zerodha's Nikhil Kamath and Coinbase CEO Brian Armstrong caution that premium AI firms face a structural risk, likening the frenzy to past bubbles.
exchanges·94d ago
Citadel Securities Invests $400M in Crypto.com at $20B Valuation
Citadel Securities invests $400 million in Crypto.com, valuing the exchange at $20 billion.
bitcoin·115d ago
Public Companies Increasingly Hold Bitcoin as Treasury Reserve Asset
Strategy, Tesla, Block and others adopt bitcoin as a hedge against inflation and dollar devaluation.
markets·116d ago
Galaxy Digital Surge Highlights Wall Street's Shift to AI-Focused Crypto Firms
Investors are rewarding crypto companies with AI infrastructure, not just digital asset exposure.
markets·116d ago
Grayscale Sees Value in Top Revenue-Generating Crypto Protocols as CLARITY Act Looms
Grayscale Research flags 15 protocols as undervalued on cash flows ahead of potential CLARITY Act passage.
technology·133d ago
Anthropic's Claude Opus 4.8 Shows Mixed Results in Six-Test Evaluation
Anthropic's new flagship model excelled in math and code but consumed entire token quota in one prompt.