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OpenAI Raises $8.3B in New Funding as ARR Hits $13B, on Track for $20B by Year-End - Tech Startups

100% Right coverage: 1 sources

OpenAI just added another $8.3 billion to its coffers, part of a record-breaking $40 billion funding round, according to a report from CNBC, citing people familiar with the deal. The raise is now officially the largest private raise in tech […] The post OpenAI raises $8.3B in new funding as ARR hits $13B, on track for $20B by year-end first appeared on Tech Startups.See the Story

Coinbase Legal Team Meets Indian Minister to Discuss Blockchain Push

Coinbase legal chief Paul Grewal met with Karnataka IT Minister Priyank Kharge to explore collaboration on developer tools, cybersecurity and blockchain in governance.Coinbase · Karnataka See the Story

Philippine SEC Cuts Access to Offshore Crypto Exchanges

Ten offshore platforms were flagged by regulators earlier this week and are now inaccessible through at least one major ISP.SEC · Philippines See the Story

Harvard Invests $116M in BlackRock Bitcoin ETF, 5th Largest Holding - CryptoShrypto

Harvard Management Company, which oversees Harvard University’s $53.2 billion endowment, has disclosed a major investment in BlackRock’s iShares Bitcoin Trust (IBIT), marking one of the most significant endorsements of Bitcoin by a U.S. academic institution to date. In a filing with the U.S. Securities and Exchange Commission (SEC) released Friday, Harvard reported holding approximately 1.9 million shares of the BlackRock Bitcoin ETF as of June …Harvard · Cambridge Read Article

Why Project Crypto and ‘Stablecoin Summer’ Could See Ether Surpass Its $4,800 Record High This Year

Despite a modest pullback on Friday, ether’s strong outperformance relative to bitcoin over the past month has highlighted growing investor enthusiasm around several key themes in the crypto space this summer. Analysts say the momentum, supported by a wave of regulatory developments, could…SEC · United States See the Story

China’s Bitmain to Build First US Crypto Factory, Signaling Major Onshoring Shift - CryptoShrypto

Bitmain Technologies Ltd., the world’s largest crypto mining hardware manufacturer, has announced plans to open its first U.S.-based factory, marking a strategic move in response to U.S. trade policy and global supply chain shifts. The factory, expected to launch in Texas or Florida by late Q3 2025, will begin production in early 2026. The move comes amid growing momentum for “crypto-onshoring”—a trend fueled by the Trump administration’s renewe…Texas, United States · Texas Read Article

Robert Kiyosaki Warns Against Holding Bitcoin and Gold via ETFs - CryptoShrypto

Renowned investor and “Rich Dad Poor Dad” author Robert Kiyosaki has raised alarm over the reliance on exchange-traded funds (ETFs) for holding Bitcoin and precious metals, warning investors about the risks of paper-based ownership during times of financial distress. In a statement shared Friday, Kiyosaki likened ETFs to a false sense of security. “An ETF is like having a picture of a gun for personal defense,” he wrote. “Sometimes it’s best to …Gold · United States See the Story

PAYPAL EMBRACES CRYPTO, ALTCOIN TREASURIES BEGIN, STOCKS HIT ATH AGAIN

Allocate up to 15% of portfolio to BTC & Gold: Dalio. Paypal launches multi-crypto payments. Metamask launches stablecoin yield, SOL staking. Interactive Brokers weighs stablecoin. Strategy upsizes capital raise to $2.8b. Marathon Digital raises $950m debt to buy BTC. BitMine plans $1bn stock buyback. ETH ‘$6k by Christmas’ odds surge. Tron files $1bn mixed shelf offering. Upexi raises $500m to buy SOL. Mill City launches $450m SUI treasury. Nan…Gold · United States See the Story

Web3 Leaders See GENIUS Act Stifling Startups

Coverage: 4 sources

US Dollar Tether coin with President Trump’s signature superimposed. Image created by the author. President Donald Trump signed the GENIUS Act into law on July 18, ushering in the most comprehensive U.S. framework for stablecoins to date. While some in crypto view it as long-overdue clarity, others worry it may entrench incumbents and freeze out startups. First the good news. Regulations are needed to make sure stablecoins are trustworthy, safe,…Donald Trump · United States See the Story

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