Two Gen Z college dropouts just pulled off one of fintech’s boldest pivots — and it’s paying off in millions. Victor Cardenas and Kevin Bai, cofounders of the neo-bank Slash,
Bitcoin Lending Could Unlock a $130 Trillion Market: Research
The research also revisits the failures of the 2022 crypto lending crisis. Platforms collapsed after operating with high loan-to-value (LTV) ratios, opaque rehypothecation practices, and platform-controlled custody.
Expert Insights
Startups
How KoinBX is Democratizing Crypto Access to Everyone
KoinBX aims to provide equal opportunities in the emerging decentralized crypto-economy, focusing on quality, security, and accessibility.
Press Release
Web3 Gaming
Immutable Launches Mobile Gaming Division to Tap $121B Market
“A specialist taskforce, hell bent on breaking games into the $121bn mobile market,” Ferguson wrote on X (formerly Twitter). “Since April, we’ve already taken three games to the No. 1 rank on mobile stores. Now we want the charts to be dominated by Immutable.”
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Artificial Intelligence
Prosperr.io Raises $4 Million Seed Funding Led by Jungle Ventures to Build AI-Powered Tax Infrastructure
Prosperr.io builds AI powered tax management infrastructure aimed at simplifying compliance for individuals and enterprises operating across increasingly complex financial and regulatory environments.
The acquisition follows months of speculation and comes after GameStop hinted at a broader GameStop cryptocurrency investment strategy in March, when it announced plans to raise $1.3 billion through a convertible note offering.
Alpaca Finance launched in early 2021 as a leveraged yield farming platform on BNB Chain. With no venture capital backing and no pre-mine, it quickly captured the attention of DeFi users seeking amplified yield in a fast-growing ecosystem.
Priced at $1.35 per share, the PIPE represents a 121 percent premium over Asset Entities’ (ASST) previous closing price. The deal structure includes no debt, allowing Strive to preserve future borrowing capacity and maximize equity-driven returns.
The raise consists of $1.5 billion in newly issued common stock and $1 billion in convertible senior secured notes. The transaction is expected to close on May 29, with crypto custody to be handled by Crypto.com and Anchorage Digital.
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