Columbus, OH

The co-founder of MoviePass is moving on from the company’s spectacular crash and raising money for a new venture studio that will help develop and fund startups. Hamet Watt, who confounded MoviePass in 2011 with the idea that moviegoers should be able to pay a monthly fee for unlimited access to theaters, told Business Insider he has been hard at work at Share Ventures.

MoviePass cofounder raises $20 million for new venture

As excitement regarding the launch of the much-anticipated Ethereum Spot Exchange-Traded Funds (ETFs) brews, asset management company, Bitwise, in a groundbreaking move for the crypto industry is set to donate a portion of its profits from its ETH spot ETF to Ethereum open-source developers. This move by Bitwise demonstrates the broader understanding of the value of supporting open-source initiatives that encourage and develop blockchain technology.

Supporting Innovation: Bitwise Pledges 10% Of Ethereum Spot ETF To Open-Source Developers

CoinDesk

Revolut has been in talks with investment firm Greenoaks over the deal, which would pave the way for a potential IPO.

Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Bitcoin financial services firm Swan Bitcoin pulled its plan to take the company public, discontinued its managed mining unit and cut staff across several units. Swan CEO Cory Klippsten said in a social media post that the company will still offer bitcoin {{BTC}} financial services and free bitcoin education. "Without the expectation of significant near-term revenue from our Managed Mining unit, we are pulling our plans to IPO in the near future," Klippsten wrote in the X post. "Accordingly, Swan is pulling back from our accelerated spending plan for our core financial services business. Unfortunately, this includes staff cuts across many functions," he added. ANNOUNCEMENT - @Swan is unlikely to continue with our Managed Mining business in the near term. Without the expectation of significant near-term revenue from our Managed Mining unit, we are pulling our plans to IPO in the near future.Accordingly, Swan is pulling back from our…

Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

Nashville, TN

Former US President Donald Trump is rumored to make a groundbreaking announcement at the upcoming Bitcoin 2024 Conference in Nashville. According to industry sources, the former President may have plans to unveil Bitcoin (BTC) as a strategic reserve asset for the US. Satoshi Action Fund co-founder Dennis Porter and BnkToTheFuture...

Industry sources think Trump may announce Bitcoin as a strategic reserve asset

The well-known hedge fund manager is launching a new fund. Should you invest?. Billionaire hedge fund manager Bill Ackman is launching a new investment fund called Pershing Square USA, which will trade on the New York Stock Exchange under the ticker symbol PSUS. While the fund's fee structure is significantly higher than most publicly traded funds, Ackman's track record speaks for itself. In this video, I give a rundown of the important information you should know before deciding to invest.

Billionaire Investor Bill Ackman Has a New IPO -- Here's What You Need to Know About It

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Bucks County Beacon

As chairman of the U.S. Senate Committee on Health, Education, Labor & Pensions, Senator Bernie Sanders released a June report entitled “ By the Wealthy, for the Wealthy: The Coordinated Attacks on Public Education in the United States .” The report is a brief but thorough (16 pages of text, 4 pages of footnotes) takedown of the current wave of attempts to end public education as we know it.

Senator Bernie Sanders Warns in New Report of Right-Wing Billionaire Plot to Sabotage Public Education in Order to Privatize It

California State

The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Ferrari set to allow cryptocurrency transactions for European customers. Italian luxury sports car manufacturer Ferrari is set to introduce cryptocurrency payments for European customers at the end of July, according to a recent report by Reuters. The legendary carmaker announced its decision to accept cryptocurrency payments in the U.S. last...

Ferrari to Accept Crypto Payments in Europe

Business Times

Israeli cybersecurity startup Wiz has terminated negotiations with Alphabet, Google's parent company, regarding a potential $23 billion acquisition, according to a memo seen by CNN. This move, which would have marked Google's largest acquisition, has been shelved as Wiz pivots towards an initial public offering (IPO) and aims to generate $1 billion in annual revenue.

Wiz Halts $23 Billion Acquisition Talks with Google, Focuses on IPO

Here are some possible reasons why the interest in XRP has been rising lately. According to Google data, Ripple’s native token has recently enjoyed a rise in worldwide interest, in addition to charting double-digit weekly price gains. The ongoing legal battle between Ripple and the SEC may be nearing...

Ripple (XRP) Dominates Ethereum (ETH) on This Front: Details

Metaplanet's share price increased by 13% following its new Bitcoin acquisition. The company's total Bitcoin holdings now exceed 245 BTC, valued at around $16.7 million.

Metaplanet acquires ¥200 million worth of Bitcoin, shares jump 13%

NewsBreak

Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund

Caldera, a \"rollup-as-a-service\" platform that helps developers quickly spin up layer-2 blockchains, has closed a $15 million Series A funding round led by Peter Thiel's Founders...

Caldera, a "rollup-as-a-service" platform that helps developers quickly spin up layer-2 blockchains, has closed a $15 million Series A funding round led by Peter Thiel's Founders...

Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund

Comments / 0