Former Polychain Partner Raises $125 Million For Seed Investments
A former partner at a crypto venture, Polychain Capital, Tekin Salimi, has completed a $125 million funding for seed investments. Salimi added that the fund will be converted to a…
The Fed Could Take 10 Years to Get Inflation Under Control, Says Almonty Industries CEO
The CEO of Almonty Industries has warned that it could take the Federal Reserve 10 years to get inflation under control if they do not act now and stop spending…
Billionaire Carl Icahn Predicts a Recession or Worse — Says ‘There’s No Accountability in Corporate America’
Billionaire Carl Icahn, the founder of Icahn Enterprises, has predicted that the U.S. economy could be heading into “a recession or even worse.” The famous investor warned of “a lot…
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institutions. Fed…
Solana-Based Cashio App Hit With an ‘Infinite Mint Glitch,’ CASH Stablecoin Drops to Zero
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s…