News

The firm, led by former federal prosecutor Katie Haun, previously raised $1.5 billion across two funds in 2022.

The U.S. Securities and Exchange Commission's crypto task force held its first public meeting with experts on Friday, focusing on how securities laws might apply to digital assets as the Trump administration looks to overhaul cryptocurrency regulations. Among the participants of the roundtable were John Reed Stark, former chief of the SEC's Office of Internet Enforcement, Miles Jennings, the general counsel for Andreessen Horowitz's crypto arm, a16z, and former SEC Commissioner Troy Paredes.

Sheikh Mohamed of the UAE met with crypto advisor David Sacks as the Emirates made a $1.4 trillion commitment to U.S. investments in AI, semiconductors, and energy.

The Securities and Exchange Commission's first gathering on crypto issues kicked off with assurances from commissioners that they're aiming to set effective policy.

When asked if the US government could sell some gold stored in Fort Knox to buy Bitcoin, President Trump’s crypto director Bo Hines gave an interesting answer.

Bitcoin’s price holds steady with bullish signals ahead, while Kraken’s $1.5B acquisition gains industry support, Pakistan accelerates blockchain adoption, and Bitcoin custody security gets a $100M boost.

The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes cryptocurrency transactions harder to track, which the Biden administration had accused of helping launder more than $7 billion for North Korean and other cyber hackers. The Treasury Department's Office of Foreign Assets Control blacklisted Tornado Cash in 2022 after concluding it was helping launder the proceeds of cyber crimes, including more than $455 million stolen by Lazarus, a North Korean government-backed hacking group. Six users of Tornado Cash - a cryptocurrency "mixer" that obscures the origins and recipients of transactions - had filed a lawsuit to challenge the sanctions with the financial backing of the Coinbase crypto exchange.