OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce. The deal, reported by Bloomberg, valued OpenAI at $852 billion, the same as its most recent fundraising round in March, which added $122 billion to the
Key Takeaways CEO Phong Le said the company’s USD reserve and duration reached all-time highs after growing more than 5X in 2.5 months. The reserve climbed to $4.65 billion from $871 million in late May, extending liquidity available for preferred dividends and debt interest. The company sold 1,690 BTC for $108.6 million and used the
Robinhood has launched cryptocurrency trading in the UK, allowing eligible customers to buy, sell and hold more than 50 digital assets directly through its investing app. The launch expands Robinhood’s UK product lineup beyond stocks, options and futures and marks another step in the company’s push to become a global, multi-asset financial platform. Crypto services
Adding bitcoin to a company’s balance sheet has been a terrific decision for the few winners and a terrible decision for others. Source link
A federal judge has paused the CFTC’s civil case against a US Army soldier accused of using classified information to earn more than $400,000 from Polymarket contracts tied to Nicolás Maduro’s removal. Summary Judge Andrew Carter stayed the CFTC’s civil enforcement case until the related criminal proceeding concludes. Prosecutors allege Gannon Van Dyke earned about
Tortola, BVI, November 12th, 2025, Chainwire Funtico has opened the token presale for Earth Version 2 (EV2), the studio’s forthcoming multiplayer sci-fi MMO. The sale offers early access to $EV2 – the token that drives the game’s economy – with 40% of the fixed 2.88 billion supply allocated to presale buyers. $EV2 will function as
Some projects attracted significant usage before closing, raising questions about whether activity alone can support viable businesses. Crypto is now experiencing a dot-com-style shakeout, with more than 100 projects reportedly shutting down, filing for bankruptcy, or disappearing in 2026, MoonPay President Keith Grossman warned on August 10. According to him, the slump is forcing
Klaviyo has fixed a website configuration bug that may have exposed new customers’ sign-up data, including passwords, to third-party trackers embedded on its site. The company says fewer than 200 people are known to have been affected based on its readily available active logs. That figure is not a final total, because Klaviyo has not
Jupiter has launched Lend v2 on Solana, allowing both supplied and borrowed assets to earn DEX trading fees while being used in lending positions. Jupiter launched Lend v2 on Solana on August 10, introducing two opt-in features that let supplied and borrowed assets work as decentralized exchange liquidity while they sit in a lending
Coinbase user Griffin McShane says he almost lost his wedding venue of choice after the crypto exchange locked his account. Source link