Venture capital heavyweight a16z Crypto led a $15 million seed-round investment into Poseidon, a decentralized artificial intelligence (AI) data layer. Poseidon is built to provide access to training data for robotics and AI models that is “traceable, enforceable and monetizable,” according to an emailed announcement on Tuesday. The project was incubated by intellectual property (IP)-based
Key Takeaways The Bank of England is reconsidering the need for a digital pound as private sector payment innovations advance. Global enthusiasm for retail central bank digital currencies is waning due to privacy concerns and industry alternatives. The Bank of England (BoE) is reassessing its plans for a digital pound, as officials question whether launching
Imagen Network (IMAGE), a low-cap token built on the Solana blockchain, has unexpectedly emerged as BlackRock’s third-largest crypto holding, according to on-chain portfolio tracking data. Despite its sharp price decline since launch, the asset now sits behind only Bitcoin (BTC) and Ethereum (ETH) in BlackRock’s digital asset allocation. At the time of publication, IMAGE is
Crypto companies in the U.K. have almost certainly been under-reporting breaches of financial sanctions since as far back as 2022, the Office of Financial Sanctions Implementation (OFSI) said in a Monday report, as the nation imposed more sanctions on Russia. The report, which is a sanctions threat assessment focused entirely on crypto, said most of
Story Highlights Scott Bessent calls for a full review of the Federal Reserve’s expanding role, warning that “mandate creep” and controversial spending could threaten its independence. With Trump increasing pressure and Powell under fire, the debate over the Fed’s priorities and accountability has entered a new phase. U.S. Treasury Secretary Scott Bessent has reignited scrutiny
US President Donald Trump continues to pressure Fed Chair Jerome Powell to cut interest rates, while also calling for Powell’s resignation. Trump has already begun discussions on Powell’s replacement as his term approaches. At this point, while Powell’s resignation continues to be a hot topic in the market, new statements came from famous economist Mohammed
New York, U.S., July 22, 2025 – According to the latest filings with the U.S. Securities and Exchange Commission (SEC), Citadel, one of the world’s largest hedge funds, and Heights Capital Management, an affiliate of Susquehanna International Group (SIG), have both initiated positions in Nano Labs Ltd. (NASDAQ: NA), a U.S.-listed company. Together, the two
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It seems like just about every day we get an update on a company buying bitcoin, ETH or another altcoin — establishing a crypto reserve for the first time, or adding to its pile. But firms forming and getting these assets
TL;DR Mercurity Fintech agreed to a $200 million credit line with Solana Ventures Ltd. to develop a treasury strategy focused on SOL. The initiative aims to build a significant reserve in Solana, generating yields through staking, validator nodes, and DeFi protocols. Mercurity maintains its bitcoin investment plan, clarifying that the Solana strategy is complementary. Mercurity
Are you tracking the cryptocurrency market? If so, you’ve likely heard the buzz around Coinbase (Nasdaq: COIN). A recent announcement from U.S. investment bank Cantor Fitzgerald has sent ripples through the crypto community, significantly boosting its Coinbase price target. This move underscores a growing confidence in the platform’s strategic direction and its role in the