The founder and CEO of investment management firm Baron Capital, Ron Baron, believes that one firm that is preparing for an initial public offering (IPO) could generate massive returns over the coming years. In a new CNBC interview, Baron says that the aerospace and artificial intelligence firm SpaceX, which filed to go public in April, …
Monthly archives: May 2026
Signal hints it could leave Canada over lawful access bill
Privacy messaging app Signal has said it may exit Canada if forced to comply with the country’s proposed lawful access bill, which would require companies to build technical surveillance capabilities that some argue could threaten end-to-end encryption. In an interview with Canadian news outlet The Globe and Mail on Thursday, Signal’s vice president of strategy …
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Australia’s proposed CGT changes could discourage long-term crypto holding
Australia’s proposed changes to capital gains tax could lead to smaller profits for cryptocurrency traders, especially low-income earners, and could discourage “patient investing,” according to several crypto executives. The proposed reform, announced by the ruling Labor Party on Tuesday as part of its fiscal year 2027 budget, will bring in a minimum 30% tax on …
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Kraken joins LayerZero exodus as it switches to Chainlink CCIP
Crypto exchange Kraken announced Thursday that it had changed its cross-chain provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, joining a number of protocols that have made the move following the Kelp DAO exploit in April. Kraken said it is deprecating its existing cross-chain provider and migrating to Chainlink CCIP as its exclusive cross-chain infrastructure …
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Strategy’s STRC hits record $1.5B trading volume
Strategy’s perpetual preferred stock, STRC, the company’s primary vehicle for funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday. “All-time high volume. $1.53B of liquidity,” chairman Michael Saylor said, referring to Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock. Stretch offers investors an 11.5% dividend …
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Gemini reports 42% revenue growth after expansion into financial services
Crypto company Gemini reported a 42% year-over-year increase in revenue in Q1 2026 as it continued its growth from a pure crypto exchange to a financial services company. Total revenue for the Winklevoss twins’ company grew 42% year over year to $50.3 million in the first quarter, while transaction revenue remained stable at $24 million, …
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Crypto data company Dune cuts 25% of staff in restructuring
Crypto data company Dune said it is laying off 25% of its workforce, citing a need to restructure its business to focus on its core products. “We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on,” Dune co-founder and CEO Fredrik Haga posted to …
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Strive rallies 5.8% as it clears debt in Q1, unveils daily dividends
Shares in Bitcoin-focused Strive closed 5.8% higher on Thursday after the company said it will become a “Daily Dividend Company” and revealed it eliminated all debt in the first quarter of 2026. The Vivek Ramaswamy-founded company said the Variable Rate Series A Perpetual Preferred Stock, ticker SATA, will start paying dividends every business day beginning …
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Reform UK’s Nigel Farage Faces Scrutiny After $6.3M Payment From Crypto Investor
Key Takeaways Parliament is probing Nigel Farage over a $6.3M gift from crypto mogul Christopher Harborne. A 2025 U.K. ban on crypto political donations reflects rising industry scrutiny for Reform UK. Nigel Farage faces potential House of Commons suspension if found in breach of the 2024 code. Farage Cites ‘Personal Security’ Defense The British Parliament’s …
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Belgium Online Gambling Nearly Doubled to 14.8% Since 2018 Despite EU-Toughest Ad Ban
Key Takeaways Sciensano found Belgium online gambling rose from 7.9% in 2018 to 14.8% in 2023-2024 despite the 2023 ad ban. BAGO called for stronger Belgium enforcement after Sciensano data showed 52.6% weekly gambling ad reach. 2.6% of the Belgian population is at risk of problem gambling per PGSI short-form screening tool. Online Gambling Doubling …
Mexican Giant Grupo Salinas Taps Anchorage Digital for Stablecoin Payments
Key Takeaways Mexico’s Grupo Salinas partnered with Anchorage to launch a stablecoin solution for Coinpro’s payments. Anchorage CEO Nathan McCauley notes that digital dollars have become core infrastructure for finance. Next, services could be expanded to Grupo Elektra, with Ricardo Salinas’ support, who allocated 70% to bitcoin. Anchorage Digital And Grupo Salinas Partner On Stablecoin …
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Strive Reports 15,009 Bitcoin, Zero Debt After Semler Merger and Note Buyback
Key Takeaways Strive expanded its bitcoin holdings through purchases and the Semler Scientific merger. Medical-device revenue helped lift quarterly sales, while fair-value losses drove a large deficit. Daily SATA dividends are expected to begin soon, pending board declarations. Strive Reports Larger Bitcoin Treasury After Semler Deal Strive Inc. (Nasdaq: ASST) filed its quarterly report with …
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Ripple’s Schwartz Warns XRP Users to Stay Safe From Giveaway Scams
Key Takeaways David Schwartz flagged escalating fake airdrop and giveaway scams targeting XRPL users. Impersonators are using Instagram, Telegram, and familiar executive names to target users. XRPL users may face continued phishing risks through unsolicited rewards and direct messages. David Schwartz Warns XRP Users as Fake Airdrops Spread David Schwartz, CTO Emeritus at Ripple, alerted …
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Brazil Slaps Banco Topazio With $3.2M Fine and 2-Year Crypto Trading Ban
Key Takeaways Brazil’s Central Bank banned Banco Topazio for 2 years and fined it $3.2M over unchecked crypto trades. Unchecked crypto trades totaled $1.7B, comprising 63% of Banco Topazio’s foreign exchange volume. Ailton Aiquino warned that similar violations could trigger bans for other Brazilian banks. Central Bank of Brazil Bans Banco Topazio From Conducting Crypto …
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Bitcoin Falls Below $80,000: Coinbase Sellers To Blame?
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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