Claude AI Developer Seeks Major Funding as Global AI Investment Accelerates Artificial intelligence firm Anthropic, best known for its Claude chatbot, is reportedly preparing a $10 billion fundraising round that would value the company at approximately $350 billion. The move reflects surging investor confidence in large-scale AI platforms and intensifying competition among leading model developers. Anthropic Valuation Nearly Doubles The proposed valuation would mark a sharp increase from Anthropic’s $183 billion valuation recorded in September, following a $13 billion Series F round. The latest funding round is expected to be led by sovereign and institutional investors, underscoring growing global demand…
Author: Blockto Team
BNB Struggles Near Key Support Amid Broader Crypto Weakness BNB slipped below the $885 level, declining nearly 2.6%, as the wider cryptocurrency market entered a corrective phase. The token failed to sustain momentum above the psychological $900 resistance, an area that had capped upside attempts earlier in the week. Price briefly dipped toward $877 before staging a modest recovery, reflecting fragile short-term sentiment. One of the key factors weighing on BNB is rising uncertainty surrounding a major BNB treasury firm. A shareholder dispute within CEA Industries, a company holding significant BNB reserves, has raised concerns about internal governance and strategic…
Crypto exchange expands derivatives offerings with precious metals amid rising safe-haven demand Binance has introduced new perpetual futures contracts for gold and silver, marking a strategic expansion beyond traditional cryptocurrencies. The contracts, settled in Tether’s USDT stablecoin, provide investors with onchain exposure to precious metals price movements without direct ownership. The newly launched products, listed as XAUUSDT for gold and XAGUSDT for silver, allow 24/7 trading with no expiration date. Binance emphasizes that the contracts are regulated under the FSRA framework via Abu Dhabi Global Market (ADGM), ensuring compliance and investor trust. More traditional asset-linked contracts are planned, aiming to…
Regulated platforms back new legislation targeting misuse of non-public government information The CEO of Kalshi, a federally regulated U.S. prediction market, has publicly endorsed new legislation aimed at banning insider trading on political and policy-based prediction markets. The move comes amid rising scrutiny of how sensitive government information could be misused for profit on certain platforms. Kalshi CEO Tarek Mansour stated his support for the Public Integrity in Financial Prediction Markets Act of 2026, introduced by Rep. Ritchie Torres. The proposed bill would prohibit federal elected officials, political appointees, and executive branch employees from betting on markets tied to government…
Activist investor challenges board actions, citing shareholder rights and concerns over BNB-focused digital asset plans YZi Labs, an investment firm backed by Changpeng “CZ” Zhao, has intensified its challenge against CEA Industries, raising objections to newly adopted corporate defenses and governance changes. The dispute centers on shareholder rights, board accountability, and the company’s stated commitment to a BNB-based digital asset treasury. Opposition to Poison Pill and Bylaw Changes YZi Labs has formally criticized CEA’s adoption of a stockholder rights plan, commonly known as a poison pill, along with amendments to company bylaws. According to YZi, these measures are stockholder-unfriendly and…
Governance Dispute Sparks Full Team Exit While Zcash Network Continues Unaffected The core development team behind privacy-focused cryptocurrency Zcash has officially split from the Electric Coin Company (ECC) and announced plans to form a new independent firm, following escalating governance disagreements with the nonprofit board that supports the project. Electric Coin Company Team Resigns Over Governance Dispute ECC CEO Josh Swihart confirmed that the entire ECC team has resigned, citing fundamental misalignment with members of the nonprofit board known as Bootstrap. According to Swihart, recent changes to employment terms and governance direction made it impossible for the team to continue…
Offshore exchanges, private wallets and DeFi tools raise concerns over tax compliance and enforcement India’s tax authorities have reiterated concerns about the growing complexity of cryptocurrency transactions, warning that certain crypto practices could undermine effective tax enforcement. The caution comes as digital asset adoption increases while regulatory clarity remains limited. Offshore Exchanges and DeFi Complicate Oversight During a recent parliamentary standing committee on finance, officials from the Income Tax Department (ITD) highlighted risks associated with offshore crypto exchanges, private wallets, and decentralized finance (DeFi) tools. These mechanisms enable anonymous, borderless and near-instant value transfers, often without involvement from regulated financial…
Late Entry Into Spot Bitcoin ETFs Could Strengthen Brokerage, Talent, and Crypto Strategy Morgan Stanley’s recent move to launch a spot Bitcoin exchange-traded fund (ETF) may offer strategic and reputational advantages, even if inflows fall short of market leaders. Analysts say the bank’s entry signals long-term commitment to digital assets and positions the firm to benefit across its broader financial ecosystem. By filing to launch Bitcoin and Solana ETFs, Morgan Stanley is reinforcing its stance as a forward-looking institutional player. Market observers note that simply offering a Bitcoin ETF enhances credibility, signaling that the firm is pro-crypto, innovation-driven, and aligned…
Largest corporate Ether holder expands ETH position while increasing staking exposure BitMine Immersion Technologies, the largest known corporate holder of Ether, has begun 2026 with a significant cryptocurrency acquisition, reinforcing its long-term commitment to Ethereum despite expectations of short-term market volatility. At the start of the year, BitMine purchased $105 million worth of Ether (ETH), marking its first reported acquisition of 2026. Following this purchase, the company’s total holdings reached 4.07 million ETH valued at approximately $12.6 billion. This represents 3.36% of Ethereum’s total circulating supply, placing BitMine in a uniquely influential position within the Ethereum ecosystem. Strong Cash Position…
Profit-Taking After Rally Triggers Initial Pullback in XRP Exchange-Traded Funds U.S.-listed spot XRP exchange-traded funds (ETFs) have recorded their first daily net outflows since debut, marking a shift in investor behavior after weeks of steady inflows. The move comes amid broader crypto market weakness and follows a recent price rally in XRP. XRP ETF Outflows End 36-Day Inflow Streak Data shows that spot XRP ETFs posted net outflows of approximately $40.8 million in a single day, ending a 36-day streak without withdrawals. Among the five active products, one fund accounted for the majority of redemptions, while others continued to see…