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Peter Thiel and other billionaires are planning Erebor, a new bank to fill the void left by Silicon Valley Bank’s collapse — with crypto firms and startups in focus. Peter Thiel and other tech billionaires have reportedly spotted a major market opportunity in the void left by Silicon Valley Bank’s (SVB) 2023 collapse. They are…
Crypto bettors have staked millions on whether the outfit technically counts as a suit, while a renowned fashion industry commentator hasn’t helped, calling it “both a suit and not a suit.” Ukrainian President Volodymyr Zelenskyy’s outfit at a June 24 NATO meeting in the Netherlands has become the focal point of a fierce dispute between…
Ondo Finance and Pantera Capital are launching a $250 million fund to fuel tokenized real-world asset projects. DeFi protocol Ondo Finance and venture firm Pantera Capital plan to ramp up investments in real-world assets (RWAs), highlighting the industry’s increasing focus on tokenization amid favorable regulatory developments in the United States. Both companies informed Axios that…
Lever CEO Jullian Duran joins the Clear Crypto Podcast to explore how using Bitcoin as collateral, rather than cashing out, can create a new path to financial independence. What if you could use your Bitcoin (BTC) to buy a house, fund a child’s education or invest in a new business, without ever selling it? In…
Crypto billionaire Tim Heath lost a tooth but took a finger in a 30-second struggle with kidnappers in Estonia last year, a court has heard. Australian crypto billionaire Tim Heath narrowly escaped a kidnapping attempt in Estonia last year by biting off part of the attacker’s index finger, an Estonian court has heard. Heath, a…
The platform’s OpenAI private equity tokens were disavowed by the company, prompting OpenAI co-founder, Elon Musk, to call the AI firm “fake.” OpenAI issued a statement on Wednesday clarifying that OpenAI tokens distributed to European Union users by the trading platform Robinhood do not represent equity in the company. “We are not involved in this…
Phishing attacks account for the highest number of security incidents so far this year at 132, but wallet hacks stole the most at $1.7 billion. Losses to crypto hacks, exploits and scams spiked to $2.47 billion in the first half of 2025, but the second quarter saw a decline in the total number of hacks,…
The US Treasury has sanctioned a crypto wallet containing $350,000 tied to the alleged cybercrime hosting service Aeza Group. The US Treasury has sanctioned the Russia-based Aeza Group, along with its top brass and a crypto wallet connected to the service, for allegedly hosting ransomware and info-stealers. Aeza Group, a bulletproof hosting (BPH) services provider,…
Grayscale has slowly narrowed the arbitrage opportunities on its crypto trusts by converting them into exchange-traded funds. Asset manager Grayscale received approval from the US Securities and Exchange Commission (SEC) on Tuesday to convert its Digital Large-Cap Fund into an exchange-traded fund (ETF). The fund consists of the five biggest cryptocurrencies by market capitalization featured…
Katana, a new DeFi-first layer-2 blockchain, launched with over $200 million in productive TVL, offering institutional-grade liquidity strategies and native asset support. Katana, a new DeFi-first layer-2 blockchain, went live on mainnet with over $200 million in pre-deposits just weeks after its public reveal, making it one of the most capitalized debuts of any layer-2…