Digital asset wallet provider Phantom has secured $150 million in its Series C funding round. The round, led by venture capital giants Sequoia Capital and Paradigm, elevates the company’s valuation to $3 billion. Additional participation came from Andreessen Horowitz and Variant, marking a significant milestone for Phantom. Phantom’s CEO, Brandon ... Read more
President-elect Donald Trump is reportedly ready to sign an executive order naming cryptocurrency a national priority in what could be a dramatic reshaping of the crypto landscape in the United States. The directive, expected as early as Jan. 20—Trump’s first day back in office—could chart a new regulatory course for ... Read more
Deribit, one of the largest crypto derivatives exchanges, is evaluating bids and exploring strategic opportunities. Estimated to be worth between $4 billion and $5 billion, the platform has enlisted Financial Technology Partners (FT Partners) to explore full acquisition bids. This move comes as the platform posted exponential growth, doubling its ... Read more
The TON Foundation, linked to Telegram, is setting its sights on the U.S. market as the Trump administration ushers in anticipated favorable blockchain regulations. The foundation aims to leverage these evolving opportunities to position itself as a leader in the blockchain industry, aligning with pro-crypto policies expected under Donald Trump. ... Read more
Donald Trump, GOP leader and billionaire businessman, is set to make history as the first sitting U.S. President to hold meme coins. Arkham reports revealed that his crypto wallet contains approximately $8 million in meme coins, including $5.5 million worth of TROG tokens, $1.5 million in TRUMP memes, 1.3 billion ... Read more
Reportedly, the U.S. Senate Banking Committee, led by Senator Tim Scott to establish the first-ever crypto subcommittee. The new unit will follow the 2023 House Financial Services Committee model led by Patrick McHenry. Senator Cynthia Lummis, a Republican from Wyoming, will chair the new cryptocurrency subcommittee. New members are expected ... Read more
Kamala Harris, the current Vice President of the United States and the Democratic candidate for the 2024 U.S. presidential election, has spoken about the cryptocurrency industry for the first time. At a fundraiser in Manhattan on Wednesday, she explained how cryptocurrencies and artificial intelligence will work in the context of ... Read more
