Grammarly has secured a $1 billion commitment from General Catalyst. The 14-year-old writing assistant startup will use the new funds for its sales and marketing efforts, freeing up existing capital to make strategic acquisitions. Unlike a traditional venture round, General Catalyst will not receive an equity stake in the company in return for the investment. […]
Amid ongoing discussions about the current bull cycle in cryptocurrency markets, seasoned trader Steve “IceSteam” Jimenez emphasized that altcoin season, or better known as the altseason, is “very much alive,” though it may not resemble the mainstream surges of past cycles. Jimenez, who is the co-founder of Innovative Movement of the Philippine Association of Crypto […]
Key Takeaways The SEC clarified that protocol staking on PoS networks is not considered a securities offering. Staking activities and related services are classified as administrative or ministerial rather than entrepreneurial. Share this article The US SEC has clarified that certain protocol staking activities on proof-of-stake (PoS) networks do not constitute securities offerings under federal […]
By now, you’ve likely already heard that some companies want to replace human workers with AI. Now, the CEO of one of the biggest AI companies is warning that AI may be coming for your job sooner than expected. In an interview with Axios, Anthropic CEO Dario Amodei said that AI could “wipe out” as […]
A top analyst just dropped a game-changing playbook for U.S. dominance—ditch gold, stack bitcoin, and kickstart asteroid mining to crush China in the crypto race. Analyst Urges US to Sell Gold, Buy Bitcoin, and Launch Asteroid Mining Race Analyst Willy Woo reignited the debate over U.S. reserve policy on May 28 by proposing a sweeping […]
According to a 28 May 2025 filing by the Bank of Russia, financial institutions can offer “qualified investors” financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices. Notably, this is a three-year-long experiment. In a press release, the Bank of Russia said that the key condition is that such instruments […]
Meta announced in January it would end some content moderation efforts, loosen its rules, and put more emphasis on supporting “free expression.” The shifts resulted in fewer posts being removed from Facebook and Instagram, the company disclosed Thursday in its quarterly Community Standards Enforcement Report. Meta said that its new policies had helped reduce erroneous […]
A US federal court has ordered the freezing of approximately $57.65 million in USDC linked to the embattled LIBRA meme coin. The latest development is a significant move in an ongoing class-action lawsuit targeting alleged fraud. The freeze, executed on May 28 via a Temporary Restraining Order (TRO) issued by the Southern District of New […]
The Innovation of the Year Award celebrates the boldest and most visionary startups exhibiting at VivaTech 2025. Open to all exhibiting companies, the award honors those pushing boundaries and redefining industries. Startups were scored on Innovation & Creativity, Market Disruption, and Scalability. From hundreds of applicants, 30 made the short list. The top five will […]
The DeFi Education Fund and Uniswap Foundation have urged the U.S. Securities and Exchange Commission to view decentralized autonomous organizations as disparate groups of individuals rather than coordinated entities. DAO Ecosystem Needs Clarity The United States Securities and Exchange Commission (SEC) should treat decentralized autonomous organizations (DAOs) with decentralized control over network governance “as nothing […]
