Kalshi Raises $1 Billion at $22 Billion Valuation as Legal Battles Mount Across Multiple States
Kalshi closes a $1B Series F at a $22B valuation, doubling its worth in five months, even as 19 federal lawsuits challenge its event...
Financial Reports
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Coinbase Posts Surprise Q1 Loss and Misses Revenue Estimates as Crypto Prices Fall
Coinbase posted a surprise Q1 loss and missed revenue estimates as crypto prices fell, while cutting 700 jobs and leaning on derivatives...
Robinhood Crypto Revenue Falls Nearly 50% in Q1
Robinhood’s Q1 crypto revenue fell 47% as app trading volume dropped 48%.
Block Reveals 28,355 BTC in Holdings as Proof-of-Reserves Transparency Push Continues
Block Inc. disclosed 28,355 BTC worth $2.2 billion in its Q1 proof-of-reserves report, with auditors confirming holdings across its...
Aave Raises $160M After Kelp DAO Exploit
Aave has raised $160 million to cover bad debt tied to the Kelp DAO exploit.
Peter Schiff: Strategy’s 11.5% Yield Is a “Death Spiral” in the Making
Peter Schiff warns Strategy’s Bitcoin-heavy financing model risks a “death spiral” as rising debt and yield obligations outpace sustainable...
Morgan Stanley Launches Government Money Market Fund Built for Stablecoin Reserve Management
Morgan Stanley Investment Management has launched a government money market fund built specifically for stablecoin reserve management,...
Strategy Buys 34,164 BTC, Retakes No.1 From BlackRock
Strategy bought 34,164 BTC for $2.54B, pushing total holdings to 815,061 BTC and reclaiming the top spot from BlackRock's IBIT for the...
Naver-Dunamu Filing Maps IPO Path
Naver and Dunamu’s revised filing maps a clearer IPO path for their tie-up.