Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into back‑office banking rails. Summary Enterprise banking platform Slash has raised $100 million in a Series C round led by Ribbit Capital, lifting its valuation to about $1.4 billion and bringing total funding to
Finance ministers, central bankers, and senior financiers are increasingly focused on the potential risks posed by Anthropic’s Claude Mythos model, amid fears it could expose critical weaknesses in global financial infrastructure. Summary Global finance leaders warn Anthropic’s Mythos AI could expose critical flaws in financial and core IT systems. Banks and governments are testing the
Plans to release revised stablecoin yield language in the Clarity Act have been delayed, extending uncertainty around one of the bill’s most divisive provisions. Summary Release of the Clarity Act stablecoin yield draft has been pushed back as lawmakers wait for committee timing clarity. Draft language still restricts rewards on idle balances while allowing yield
Bitcoin held steady around $75,000 on Friday as investors digested reports that the U.S.-Iran conflict could end as early as this weekend. Summary Bitcoin price holds near $75K as Trump signals a potential U.S.-Iran deal, easing geopolitical tensions and lifting risk sentiment. Oil prices decline, and fear levels ease, pushing the crypto fear and greed
Sanctioned crypto exchange Grinex halted trading after a suspected state-level cyberattack drained up to $15 million in crypto. Summary Grinex suspended trading after a suspected state-linked attack drained about $13.7 million from 54 wallets. On-chain data shows roughly $15 million in USDT moving through Tron and Ethereum, with funds converted to avoid freezing. Grinex said
President Trump announced Thursday that Israel and Lebanon have agreed to a 10-day ceasefire beginning at 5 PM ET today, April 16, following direct conversations with Lebanese President Joseph Aoun and Israeli Prime Minister Benjamin Netanyahu. Summary Trump posted on Truth Social that both leaders agreed to formally begin a 10-day ceasefire and has invited
The UK’s FCA has opened a fresh consultation on how stablecoins, trading, custody and staking will be regulated before a full crypto regime goes live in 2027. Summary The UK Financial Conduct Authority has launched a fresh consultation on how stablecoin issuance, trading platforms, custody and staking will be brought inside regulation. Industry feedback is
Anthropic Trust has appointed Vas Narasimhan, CEO of Novartis, to Anthropic’s board of directors, making him the first pharmaceutical industry executive to join the AI lab’s governing body and tipping Trust-appointed directors to a board majority for the first time. Summary Narasimhan was appointed on April 14 by the Anthropic Long-Term Benefit Trust, the independent
RFK Jr. HHS budget cuts of roughly $16 billion faced their first major congressional test Thursday as Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee, fielding pointed questions on vaccine policy while defending a budget that slashes discretionary spending by 12.5% compared to last year. Summary Trump’s 2027 budget
The House voted to reject a resolution Thursday directing President Trump to remove US armed forces from hostilities against Iran, 213 to 214, falling one vote short along almost entirely party lines. Summary Rep. Gregory Meeks of New York proposed the resolution directing the president to end military action in Iran unless explicitly authorized by
