Business

Billionaire Alan Howard’s WebN crypto incubator closes its doors

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WebN Group, the blockchain and Web3 incubator backed by billionaire Alan Howard, is closing its doors after seeding a clutch of digital infrastructure startups in recent years, according to a person familiar with the matter. Most recently, the venture studio has backed tokenization specialist Libre (now called KAIO), crypto staking store Twinstake, blockchain infrastructure company […]

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Bitcoin faces a major hurdle around $70,000 that will determine if this rally is built to last

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Bitcoin BTC$68,518.07 reclaimed nearly $69,000 on Wednesday, up more than 10% from Tuesday’s low as crypto markets staged a broad relief rally after a long period of pessimism. Ethereum ether (ETH), DOGE$0.1030Solana native tokens (SOL) and ADA$0.3035 all posted double-digit gains, extending a move that had many traders turning in the wrong direction. Digital asset

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rises 4% after higher profits, lifting IA miners CIFR, IREN, WULF,

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Nvidia (NVDA), the world’s largest public company by market value and a leader in the AI ​​sector, once again beat Wall Street’s expectations for the fourth quarter, reporting results after the close of U.S. markets on Wednesday. The chipmaker beat estimates, reporting revenue of $68.1 billion, an increase of 73% from a year earlier, as

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A $100 million crypto campaign fund with a pro-Trump vibe has yet to be introduced

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The crypto industry demonstrated during the last US election that $100 million spent on congressional campaigns could influence the sector’s political outcomes. So when a new crypto policy action committee anonymously promised to bring this amount to the table in 2026, it suggested an important new (unidentified) voice in digital asset policy. But the Fellowship

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USDT issuer Tether invests $200 million in Whop to expand stablecoin payments

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Tether, the crypto company behind the world’s largest stablecoin USDT USDT$1.0005invests $200 million in online marketplace Whop to boost stablecoin payments. The deal values ​​the startup at $1.6 billion, Whop CEO Steven Schwartz said in an X article. Whop runs a digital marketplace where creators sell access to software tools, business groups, online communities, and

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Bank of England plan to cap stablecoin holdings sparks industry revolt

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The UK’s Financial Conduct Authority (FCA) has chosen Revolut, Monee Financial Technologies, ReStabilise and VVTX to test stablecoin issuance in its regulatory sandbox as regulators move towards full regulation. The FCA said the cohort would test stablecoin products in real-world conditions, with safeguards in place. The regulator plans to focus on issuance and examine use

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MrBeast editor-in-chief arrested by prediction market company Kalshi for alleged insider trading

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Kalshi, a leading prediction market company, said it has arrested and penalized two users for insider trading activities on its platform, including an editor of popular social media star MrBeast. The company said it had more than a dozen active insider trading cases among the 200 it investigated. On Wednesday, Kalshi revealed details of two

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What Adam Back, first architect of Bitcoin (BTC), thinks about this cycle

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MIAMI BEACH — Bitcoins BTC$65,121.75 The recent decline has frustrated investors who expected a smoother ride after a flurry of institutional milestones, but Adam Back, one of the early cypherpunks cited in Bitcoin’s 2008 white paper, said the volatility shouldn’t surprise longtime observers. “Bitcoin is generally volatile,” Back said at the iConnections conference in Miami

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Blockfills Co-Founder and CEO Nicholas Hammer Resigns Following Losses

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Nicholas Hammer, co-founder and CEO of crypto lender Blockfills, recently resigned from his leadership role, according to a person with direct knowledge of the matter. The company’s website now lists Joseph Perry as interim CEO. The leadership change comes as the company suffered losses of around $75 million and suspended customer deposits and withdrawals earlier

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