Law enforcement freezes $41M connected to $150M crypto Ponzi collapse
BG Wealth Sharing, according to authorities, claimed to provide guidance on crypto trading, advertised heavily on social media and offered “daily profit opportunities.”...
a16z raises $2.2B for new fund backing stablecoins, prediction markets
Andreessen Horowitz’s crypto investment arm said its new fund would seek to back projects that “people keep using when the hype fades.”...
Airlines cut 13,000 flights in May as jet fuel prices soar
Airlines have removed nearly two million seats from flights over the month, data from Cirium shows....
Crypto PAC Spends $500K Backing Indiana Candidate Ahead of Primary
Fairshake’s crypto-backed PAC pours $500K into Indiana race supporting pro-crypto Rep. James Baird ahead of today’s primary. (Read More)...
Spanish superstar Rosalía reaches for heaven as her tour hits London
The Spanish star delights fans as she brings her highly anticipated Lux tour to the UK....
Strategy May Sell Bitcoin to Fund Dividends, Saylor Breaks From ‘Never Sell’ Stance
Michael Saylor has signaled that Strategy, the world’s largest corporate bitcoin holder, may sell a portion of its BTC to meet preferred stock dividend obligations,...
Claude AI Gains Momentum in Financial Services with New Guide
Anthropic’s Claude AI sees rapid adoption in financial services, with firms like AIG and Moody’s leveraging its tools for efficiency gains. (Read More)...
Anchorage launches agentic banking as CEO tips ‘trillion-dollar’ opportunity
Anchorage’s new product enables AI agents to have compliant access to capital across traditional finance and crypto payment rails....
Colombian president says Bitcoin mining could transform country’s Caribbean coast
The Colombian president pointed to the impact Bitcoin mining has had in Paraguay, which is now the fourth-largest Bitcoin mining country by hashrate....
Next to hike prices by up to 8% outside Europe due to Iran war costs
No extra price rises are slated for the UK, which saw better than expected sales in the first quarter....