Kerrisdale Capital has taken a short position in BitMine Immersion (BMNR), the ether-focused digital asset treasury firm led by Fundstrat’s Thomas Lee, calling its business model a relic of a bygone crypto era. In a detailed report published Wednesday, the well-known short-seller said BitMine’s strategy mirrors that of Strategy (MSTR) — issuing shares at a
Stablecoin payments startup Coinflow has raised $25 million in a Series A round led by Pantera Capital, as it moves to scale its global payout network and challenge legacy cross-border systems. The Chicago, Illinois-based firm has grown revenue 23-fold since 2024 and now supports stablecoin-powered payments in over 170 countries, it said in an announcement
Story Highlights Polymarket CEO Shayne Coplan reveals previously undisclosed $205M in funding rounds Earlier this year, Founders Fund led a $150M round at a $1.2B valuation; last year, Blockchain Capital led a $55M round at $350M. Polymarket, an American crypto-based prediction market, is turning heads with record growth, major funding rounds, and high-profile investors. From
Institutional asset manager Pantera Capital unveiled its blockchain summit, which kicked off yesterday in New York City. This year’s Pantera Blockchain summit is the tenth in a series of gatherings since 2013, back when blockchain was a $2 billion industry, with it now over $4 trillion. The summit featured a stacked lineup of discussions with
Fireblocks Trust Company, a New York State-regulated custodian under the Fireblocks platform, has partnered with Galaxy, Bakkt, FalconX and Castle Island to expand institutional-grade crypto custody. Operating under New York Department of Financial Services (NYDFS) oversight, the company is rolling out a custody framework to meet soaring institutional demand for regulated digital asset infrastructure spanning
Robert Kiyosaki, a famous business literature writer, best known for his best-selling work “Rich Dad Poor Dad,” is back at it, and by “it” we mean claims about the insufficiency of the U.S. dollar. For many months and even years, Kiyosaki has slammed the U.S. national currency and monetary policy of the Fed, calling the
Global Settlement Network and Uganda’s Diacente Group are launching a $5.5 billion tokenized economy, combining real-world infrastructure and a national CBDC to drive economic growth. Summary The project digitizes real-world infrastructure assets within Diacente Group’s GISEZ—including agro-processing hubs, mining operations, and solar plants—creating a fully integrated, asset-backed digital economy. As part of the rollout, Uganda
Elon Musk’s artificial intelligence startup xAI has raised $20 billion in fresh financing, according to Bloomberg, with $2 billion of that amount coming directly from Nvidia as part of the equity package. The new round is larger than originally expected and is tied to xAI’s plan to use Nvidia processors for Colossus 2, its biggest
Bitcoin has long been regarded as the ultimate store of value. However, a new generation of tokenized gold projects is making a compelling case for itself, grounded in centuries of monetary history. As the gold price soars and blockchain-based gold tokens surpass a $3 billion market capitalization, the debate over what truly qualifies as “digital
Anthea, a Bermuda-based crypto life insurer, has raised $22 million in a Series A round led by Yunfeng Financial Group to launch what it calls the world’s first life insurance product denominated in Ethereum tokens ETH$4,479.96. The company, whose goal is to merge life insurance with blockchain technology, said the capital will accelerate product development,