Sam Altman now faces investigations from both Congress and multiple state attorneys general over his personal investment portfolio, a probe that lands as his company prepares for a public offering. The investigation, initiated on May 11, centers on potential conflicts of interest between Altman’s role leading OpenAI and his financial stakes in companies like Helion
Consensys, the Ethereum development firm led by Joe Lubin, has pushed back its potential U.S. public offering until fall at the earliest due to poor market conditions, according to two people familiar with the situation. The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs last year to lead the process. Consensys
BlackRock Chief Operating Officer Rob Goldstein revealed that demand for cryptocurrency has significantly exceeded the firm’s initial projections, marking a notable shift in institutional sentiment toward digital assets. Speaking during a Binance online stream, Goldstein addressed the market’s reception of BlackRock’s spot Bitcoin exchange-traded fund (ETF), IBIT, and outlined the asset manager’s broader strategic outlook
A member of the European Central Bank Governing Council has indicated that the upcoming June meeting will determine whether interest rates are raised or left unchanged, underscoring growing uncertainty over the next phase of eurozone monetary policy. According to Kocher, cited in Jinshi reports, policymakers are effectively split between maintaining current restrictive levels and implementing
Ledger has put its Ledger IPO plans on hold, citing difficult market conditions and weak investor appetite for crypto listings. Ledger, the French crypto hardware wallet maker, has paused its plans for a US initial public offering, according to two people with knowledge of the matter. The company had explored a New York listing at
The combined onchain market cap of EUR stablecoins reached an all-time high of $774.2 million as of May 13, 2026, according to Token Terminal data. Ethereum dominates the euro stablecoin ecosystem, hosting 66.2% of all tokenized euro stablecoins across its network. The surge in euro stablecoin adoption reflects growing demand for blockchain-based fiat currency alternatives
Between the stance of the Securities and Exchange Commission (SEC) during President Biden’s term and President Donald Trump’s campaign promises, it is not difficult to see why many investors chose to turn bullish on Bitcoin ($BTC) and other cryptocurrencies in November 2024. Still, despite the optimism and a significant rally that followed the presidential race,
A stronger-than-expected U.S. inflation print has complicated the Federal Reserve’s policy outlook, with markets rapidly repricing the likelihood of rate cuts this year after April’s Producer Price Index (PPI) came in at 1.4%. A stronger-than-expected U.S. inflation print has complicated the Federal Reserve’s policy outlook, with markets rapidly repricing the likelihood of rate cuts this
Federal Reserve member Neel Kashkari warned that geopolitical risks in the Middle East could put significant pressure on inflation. While noting that inflation remains very high, Kashkari stated that the duration of the Strait of Hormuz closure is a major question mark and will have significant implications for the inflation outlook. Kashkari stated that even
KDDI Corporation, one of Japan’s largest telecommunications companies, invested approximately $65 million to acquire a 14.9% stake in Coincheck Group N.V. and signed a business alliance agreement with Coincheck, Inc. to build blockchain-based financial services for Japanese consumers. Key Takeaways: KDDI paid $65 million for a 14.9% stake in Coincheck Group N.V., with the deal