Spotify’s Daniel Ek secures €600 million investment in A.I military drone company

Spotify’s Daniel Ek secures €600 million investment in A.I military drone company

Ek is currently a chairman of Helsing, a German firm valued at €12 billion. Daniel Ek. Photo by Drew Angerer/Getty Images   Prima Materia, the investment company co-founded by Spotify’s Daniel Ek, is leading a €600 million investment in Helsing, a Munich-based company creating drones and artificial intelligence for military operations, the Financial Times reports….

Read More
Politicians’ memecoins, dropped court cases fuel crypto ‘crime supercycle’

Politicians’ memecoins, dropped court cases fuel crypto ‘crime supercycle’

Blockchain sleuths ZachXBT and Taylor Monahan say crypto scammers have been emboldened with US regulators dropping crypto-related court cases and politicians endorsing memecoins. Memecoins promoted by political figures like Donald Trump, lax regulations, and crypto court cases abandoned by US regulators have kicked off a crypto “crime supercycle,” say a pair of blockchain crime investigators. …

Read More
SEC eyes exemption framework to boost crypto innovation

SEC eyes exemption framework to boost crypto innovation

Securities and Exchange Commission chair Paul Atkins also bashed the previous administration under former SEC Chair Gary Gensler and its approach to crypto. The US securities regulator is working on an “innovation exemption” to stoke the creation of more onchain products and services, according to Securities and Exchange Commission chair Paul Atkins. Atkins, a former…

Read More