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SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus
SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75…
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Tom Lee’s Bitmine (BMNR) to offer preferred stock with 9.5% dividend, following Strategy’s playbook
BitMine Immersion Technologies (BMNR), an Ethereum treasury company led by Fundstrat co-founder Tom Lee, is borrowing a page from Strategy’s financing playbook and launching a…
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Wyoming Issues Executive Order to Guide AI Data Center Development
Wyoming Governor Mark Gordon has signed an executive order establishing a framework for developing data centers and advanced computing facilities, underscoring the state’s push to…
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The Best AI Models Still Encourage ‘Harmful Intimacy’ With Chatbots, Study Funds
In brief A new USC study found that every tested frontier AI model violated social-interaction safety guidelines more than 27% of the time. Researchers identified…
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US Treasury Secretary Signals CLARITY Act by Summer, Progress on Bitcoin Reserve
US Treasury Secretary Scott Bessent told Senate lawmakers that his department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile more than…
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Revolut Eyes Stablecoin Services Through Future US Bank
Fintech company Revolut plans to offer stablecoins through its future US bank, Reuters reported Wednesday, citing comments from the company’s US CEO, Cetin Duransoy. Duransoy…
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The selloff In Bitcoin, Altcoins Deepened, Will Bulls Buy The Dip?
Key points: Bitcoin risks falling below $65,000, but lower levels are likely to attract solid buying by the bulls. HYPE, ZEC and XLM look strong…
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ETH falling below $1,800 leaves Tom Lee’s Bitmine (BMNR) with $8.9 billion paper loss
Bitmine Immersion Technologies (BMNR), the largest corporate holder of ether (ETH), is staring at nearly $9 billion in losses as the token’s slide below $1,800…
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Crypto PAC-Supported Candidates Sweep US State Primaries after Media Buys
[Update (June 3 at 8:01 pm UTC): This article has been updated to include a response from Fairshake in the fourth paragraph.] Democratic and Republican…
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New DeFi entrant widens field of crypto political campaign funds as elections loom
Another crypto-focused political action committee, the Defend Developers PAC, has joined the field of campaign-funding operations that have in recent years put the industry on…
