Newlimit, the longevity biotech co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C round led by Founders Fund, roughly tripling the company’s valuation to about $3.1 billion. Crypto Wealth Flows Into Longevity Science Newlimit, the anti-aging biotech co-founded by Coinbase Global Inc. (Nasdaq: COIN) Chief Executive Brian Armstrong, has closed […]
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El Salvador is buying the dip again as bitcoin slides as low as $65,700, with the Central American nation’s strategic reserve now holding roughly 7,600 BTC worth more than $510 million. A Familiar Playbook on a Red Day As bitcoin dropped under $66,000 this week, El Salvador leaned into the slide rather than away from […]
Bitcoin.com today announced the launch of Bitcoin.com Checkout, a new self-custodial payments app that solves one of the biggest problems holding back crypto merchant adoption: volatility. Merchants can now accept Bitcoin and crypto and auto-settle to stablecoins, so they take payment without price risk, without giving up custody, and without anyone’s permission. It’s the first […]
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Economist and longtime gold advocate Peter Schiff says bitcoin is heading below $20,000, renewing his bearish call as the cryptocurrency slips under $66,000. A Familiar Bear Returns to the Spotlight Peter Schiff, the economist and gold proponent who has spent more than a decade warning against bitcoin, said that the cryptocurrency will crash below $20,000. […]
Bitcoin fell under $66,000 on June 3, albeit briefly, as record exchange-traded fund outflows and a rare sale by Strategy deepened a selloff that has wiped out billions in leveraged positions. A Broad Crypto Rout Gathers Pace Bitcoin is extending one of its sharpest selloffs in months, with the decline pulling the wider market lower, […]
Layer 3 blockchain infrastructure Orbs has launched its V5 product upgrade on Ethereum and Arbitrum to improve cross-chain verification, lower infrastructure costs, and increase validator participation. Milestone Growth Precedes Upgrade The decentralized Layer 3 blockchain infrastructure focused on advanced on-chain trading, Orbs, has unveiled V5, a product upgrade on Ethereum and Arbitrum designed to improve […]
Valve, the Anticorporate Hero of the Games Industry, Has Its Antitrust Moment Lawsuits in the US and the UK allege the company’s Steam store is abusing its market power. Valve disagrees. https://www.bloomberg.com/news/feat…team-has-echoes-of-apple-google-app-store-sui Valve antitrust lawsuit reportedly reveals lengths Steam owner is willing to go to prevent cheaper prices elsewhere Even the big publishers supposedly aren’t […]
In 1978, Warren Buffett cemented a partnership that would define Berkshire Hathaway for decades with Charlie Munger, a collaboration that ran until 2023. His rule for partners, Buffett says, is blunt: pick people who are intelligent, honest and energetic, and “marrying someone to change them is folly,” a filter echoed by patient bets on Coca-Cola […]