Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley Bank
A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector....
Robinhood’s ‘OpenAI tokens’ are not equity, OpenAI clarifies
OpenAI publicly disavowed Robinhood’s “OpenAI tokens,” stating “we did not partner with… and do not endorse it.” Robinhood’s tokens offer indirect exposure via a Special Purpose Vehicle (SPV), not direct equity in OpenAI. Robinhood CEO Vlad Tenev defended the move as...
Ripple Boosts RLUSD Adoption With Embedded Finance and Payment Features
Ripple is scaling RLUSD-powered stablecoin payments globally, fusing blockchain precision with embedded fiat access to transform enterprise finance across high-impact markets. Ripple and Openpayd Join Forces to Power Global Stablecoin Payments Surging enterprise...
XRP Strategy Strengthens as Webus Secures $100M Equity Line Agreement
Webus is activating $100 million in XRP-driven funding to scale its XRP treasury strategy, expand crypto payments, and accelerate global growth across mobility and loyalty sectors. Webus to Supercharge XRP-Powered Financial Strategy A strategic leap toward crypto...Interesting 13
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Bitcoin records sixth straight monthly green candle:… The last time Bitcoin saw six-monthly green candles in a… (220)
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