The $52 Billion Empire FTX Was Supposed to Build
The post imagines an alternate 2026 where FTX survived its 2022 collapse and grew into a $300 billion crypto titan, boasting a $52.5 billion venture portfolio that includes a $30.4 billion Anthropic stake, $5.1 billion in Solana, and a $5.7 billion Robinhood holding. In reality, FTX is still in bankruptcy, and a fourth creditor payout of $2.2 billion brings total recoveries to roughly $10 billion, far below the original asset values. The piece contrasts the speculative wealth with the actual cash being returned to creditors at 2022 price levels. It underscores how the lost upside highlights the broader fallout from the fraud.
Crypto Stocks Are Getting Smashed. Here’s Why That’s a Gift.
CoinShares, a Jersey‑based crypto asset manager that has been profitable every year since 2014, debuted on the NASDAQ through a SPAC merger with Vine Hill Capital. The listing adds a successful, fee‑based crypto business to the pool of publicly traded...
$1.7 Trillion Just Walked Through Crypto’s Front Door. And It Brought Friends.
Asset manager Franklin Templeton, overseeing $1.7 trillion, has signed a deal with Ondo Finance to issue five of its ETFs on a public blockchain, enabling 24/7 crypto‑wallet trading across multiple regions. The move coincides with the NYSE’s memorandum with Securitize to...
Is Bittensor Today What Ethereum Was in 2016?
Ethereum’s 2016 surge from a $1 billion market cap to a $500 billion behemoth is often cited as a blueprint for emerging blockchain infrastructure. Bittensor (TAO), a decentralized AI network, now trades around $275 with a $2.7 billion market cap and has attracted...
Dubai’s Crypto Dream Is Quite Literally up in Flames
Dubai built a thriving crypto ecosystem with zero tax, safety, attracting 1,800 firms and 8,600 employees. Since February, Iranian missile and drone attacks have damaged key infrastructure, prompting a perception of Dubai as a war zone. The fallout includes a...
85 Crypto Giants, One Payments Network, Zero Fake Press Releases
Mastercard has launched a Crypto Partner Program that brings together more than 85 crypto‑native companies, payment providers and financial institutions, including Binance, Circle, PayPal and Ripple. The initiative focuses on building real‑world use cases such as cross‑border remittances, B2B transfers...
Is Captain Kirk Taking DOGE for a Ride?
Elon Musk granted early access to X Money, his upcoming payments platform, to actor William Shatner, who posted screenshots and sold 42 beta slots for $1,000 charitable donations. Musk sent Shatner a $42 test transaction, echoing the Hitchhiker’s Guide joke,...
Is Bitcoin Pumping Because of Iran, or Is BIP-110 the Real Story?
Bitcoin surged past $70,000, climbing over 6% after the Iran‑Israel conflict eased, outpacing gold and equities. Simultaneously, the first block signaling support for BIP‑110 was mined by the Ocean pool, marking a concrete step toward a temporary soft fork that...