Erebor, a brand new digital financial institution backed by Peter Thiel and co-founded by Anduril chief Palmer Luckey, quietly raised $350M, valuing the agency at $4.35B as traders pour capital into crypto-adjacent finance once more. Lux Capital led the spherical, and Axios reported that the increase additionally introduced in new traders alongside current backers comparable…
Bitcoin steadied close to $88,000 in early Asian buying and selling on Tuesday as equities pushed increased into the year-end, with merchants leaning on danger urge for food whereas gold and silver powered to contemporary data on price minimize bets and geopolitical stress. A broad MSCI gauge of Asia Pacific shares rose about 0.31% because…
U.S.-focused digital asset funding funds recorded their first weekly withdrawals in a month, shedding $952 million after delays tied to the long-delayed CLARITY Act rattled buyers and reignited worries about regulation. According to data from CoinShares, digital asset funding merchandise noticed $952 million in internet outflows over the previous week, marking the primary destructive circulation…
Coinbase has agreed to purchase The Clearing Company because it plans to scale prediction markets and advance its ambition of changing into an “Everything Exchange,” in accordance to a blog post printed by the trade. The deal follows Coinbase’s latest rollout of prediction markets buying and selling for customers and exhibits a dedication to regulated…
Aave Labs has ignited fierce controversy by unilaterally pushing a critical governance proposal to vote with out notifying its writer, escalating tensions over model possession that threatens to redefine the connection between the DeFi protocol’s DAO and its founding firm. The hasty transfer, which bypassed ongoing group dialogue, has been condemned as a breach of…
Decentralized perpetual futures change Hyperliquid has confirmed {that a} pockets deal with accused by the group of shorting $HYPE belongs to an ex-employee who was terminated in Q1 2024. The deal with, 0x7ae4…1028, surfaced repeatedly in late November and this month on X, the place customers tracked on-chain actions round $HYPE distributions and gross sales…
Prominent American investor Ray Dalio is sharpening his long-held skepticism on Bitcoin’s position within the international system, arguing that regardless of its shortage and attraction as cash, it stays ill-suited to sit down on central financial institution stability sheets. In a latest interview with entrepreneur Nikhil Kamath, Dalio framed Bitcoin as cash in spirit, then…
Bitcoin held close to $88,000 on Monday as Asian markets opened firmer and merchants leaned into year-end positioning throughout equities, commodities and crypto, with liquidity thinning into the vacation stretch. A broad Asia Pacific share gauge rose about 0.5%, led by tech, after final week’s dip revived speak of a ultimate push larger into 2026….
Ethereum co-founder Vitalik Buterin has defended prediction markets in opposition to critics who view betting on real-world occasions as morally questionable, arguing that these platforms supply superior truth-seeking mechanisms to social media whereas addressing considerations about their potential to incentivize hurt. Writing on Farcaster, Buterin acknowledged prediction markets may theoretically create incentives for dangerous actions…
A crypto consumer misplaced almost $50 million in USDT to an deal with poisoning rip-off after copying a fraudulent pockets deal with from their transaction historical past, in keeping with blockchain safety agency SlowMist. The sufferer transferred 49,999,950 USDT to an attacker-controlled deal with that intently mimicked their meant vacation spot, with matching first three…