Anthropic Eyes Public Markets Amidst AI Investment Frenzy, Co-founder Addresses Compute Strategy
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Anthropic Eyes Public Markets Amidst AI Investment Frenzy, Co-founder Addresses Compute Strategy

AI powerhouse Anthropic is making significant strides toward a public debut, having filed confidentially for an Initial Public Offering (IPO). This move follows a period of intense private investor interest, with the company reportedly securing a substantial $65 billion fundraise at a valuation of $965 billion, a round that was significantly oversubscribed according to multiple […]
Founders Fund Bets on Infotainment with Star-Studded ‘MAFIA the GAME’ Show
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Founders Fund Bets on Infotainment with Star-Studded ‘MAFIA the GAME’ Show

Venture capital firm Founders Fund has launched an unconventional game show, “MAFIA the GAME,” featuring prominent figures from the tech industry. The series aims to offer a more engaging way to understand influential personalities beyond traditional business content. The debut episode showcased a lineup including Sam Altman, Palmer Luckey, biohacker Bryan Johnson, and Signal founder […]
Hyperliquid Maintains Institutional Appeal Despite Market-Wide Price Correction
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Hyperliquid Maintains Institutional Appeal Despite Market-Wide Price Correction

The native token of the Hyperliquid ecosystem, HYPE, experienced a minor pullback on Thursday, dipping below the $70 threshold following a robust 80% rally throughout May. This cooling period aligns with a broader downturn in the cryptocurrency sector, characterized by Bitcoin sliding under $63,000 and a general shift toward risk-averse trading strategies among market participants. […]
Kalshi Develops Advanced Trading Terminal to Capture Professional Prediction Market Traders
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Kalshi Develops Advanced Trading Terminal to Capture Professional Prediction Market Traders

Prediction market platform Kalshi is reportedly developing a sophisticated new interface designed specifically for its most active and high-volume users. Often referred to as a ‘Bloomberg Terminal’ for prediction markets, the software aims to provide professional-grade tools for traders who require deeper insights and faster execution than the standard retail platform offers. The new interface […]
Coinbase Launches Pre-IPO Perpetual Futures Starting with SpaceX Valuation Tracking
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Coinbase Launches Pre-IPO Perpetual Futures Starting with SpaceX Valuation Tracking

Coinbase has introduced a novel financial product enabling international traders to gain price exposure to high-profile private companies before they debut on public stock exchanges. The initiative kicks off with a perpetual futures contract tied to the valuation of Elon Musk’s aerospace giant, SpaceX. Settled in the USDC stablecoin, this “pre-IPO perp” allows investors outside […]
Blackstone Caps Withdrawals on $79 Billion Flagship Fund Amid Rising Liquidity Concerns
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Blackstone Caps Withdrawals on $79 Billion Flagship Fund Amid Rising Liquidity Concerns

Blackstone has implemented withdrawal limits on its flagship $79 billion non-traded business development company, Blackstone Private Credit (BCRED), following a surge in investor redemption requests. The asset management giant capped investor withdrawals at 5% of outstanding shares for the second quarter after redemption requests escalated to 10%. This move highlights growing liquidity pressures within the […]
Bitcoin Faces Steep Weekly Decline as Capital Rotates to AI and Tech Giants
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Bitcoin Faces Steep Weekly Decline as Capital Rotates to AI and Tech Giants

Bitcoin is experiencing one of its most challenging weeks in months, marking a significant downturn as investor enthusiasm cools and capital shifts toward other high-performing sectors. The leading cryptocurrency has faced a prolonged streak of net outflows from spot Bitcoin exchange-traded funds (ETFs), dragging total assets under management down significantly from their mid-May peaks. This […]