Benchmark Capital, the storied Silicon Valley VC firm known for early investments in eBay, Snap, Uber, and Twitter, is breaking with one of its signature traditions: keeping its funds to about $425 million and backing only young startups. After more than two decades of restricting its vehicles to that amount or lower, the outfit has…
Microsoft is experimenting with AI hardware that office workers could wear like an access badge. At Microsoft Build 2026, the company showed two Project Solara concept devices. One is a small desk display, and the other is a wearable AI badge for office workers who use agents during the day. The badge includes a touch…
Key Takeaways Kalshi put Santos’s State of the Union attendance near 75% before his no-show sent the odds tumbling. The DOJ and CFTC opened investigations after Santos allegedly profited in the tens of thousands. His case follows Polymarket probes over a $1.2M Google trade and a $400K bet on Maduro’s capture. A Convicted Fraudster Lands…
Paybis said more companies now use stablecoins for international payments, based on a report released at Money20/20 Europe in Amsterdam. Summary Stablecoins now make up 86% of Paybis crypto volume, showing payment use is rising fast. B2B clients drove 97.8% of stablecoin volume through April, with cross-border payments leading demand growth. Survey data shows cost…
If the sky is clear where you are tonight, you’ll likely be able to make out some surface features on the Moon. But what are they? Keep reading to find out. What is today’s Moon phase? As of Thursday, June 4, the Moon phase is Waning Gibbous. Tonight, 87% of the moon will be be…
Concerns over illicit finance remain high after reported crypto-related criminal flows jumped 162% last year. Over 160 former national security, intelligence, and law enforcement officials are pushing the U.S. Senate to advance the CLARITY Act, arguing that it would strengthen efforts to combat illicit finance in the crypto space. The appeal was made in…
The CEOs of several major artificial intelligence companies are urging members of Congress to adopt new laws that would make it harder for bad actors to develop biological weapons using their technology. Google DeepMind’s Demis Hassabis, OpenAI’s Sam Altman, Anthropic’s Dario Amodei, and Microsoft AI’s Mustafa Suleyman are among the signatories on a public letter…
Key Takeaways Peirce questioned whether securities rules should cover blockchains, validators, developers, and neutral software. Regulators could focus more on custody, control, and discretion than infrastructure alone. Builders may face pressure to improve audits, key management, disclosures, and security safeguards. Why the SEC’s Blockchain Boundary Fight Could Reshape Crypto Rules A June 3 speech from…
Israeli tax authorities have received far fewer crypto tax corrections than expected under a voluntary disclosure program that offers criminal immunity to eligible taxpayers. Summary Israel’s crypto tax disclosure program has received only 58 filings despite expectations of up to $1 billion in revenue. Globes reported that disclosures have covered about $50 million in crypto…
In a quick-commerce market obsessed with speed, Indian startup FirstClub has convinced investors that quality may be a fresh opportunity, helping to double its valuation just nine months after its last funding round. The Bengaluru-based startup has raised $55 million in a Series B round co-led by Peak XV Partners and Sofina, valuing the company…
