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Franklin Templeton Launches Crypto Unit Amid Market Slump

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Franklin Templeton is setting up a standalone cryptocurrency division by acquiring 250 Digital, a firm spun off from venture capital outfit CoinFund earlier this year. The $1.7 trillion asset manager is making its boldest digital-asset move yet, targeting pension and sovereign wealth funds. What Franklin Templeton Is Building The unit will operate under the name … Read more

Bill Ackman Risks $10 Billion IPO to Expose the ‘Tax’ Every CEO Pays

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Pershing Square CEO Bill Ackman refuses to settle what he calls a fabricated gender discrimination claim from a terminated family office employee, weeks before his $10 billion IPO. The post, which quickly went viral, drew immediate public support from Elon Musk and venture capitalist Chamath Palihapitiya, both of whom framed such lawsuits as a hidden … Read more

CIO Resigns From Anthony Pompliano’s $750 Million Bitcoin Company

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Jeff Park voluntarily resigned as Chief Investment Officer of ProCap Financial (BRR), effective April 3, 2026, according to an SEC filing. The departure ends an eight-month stint at the Bitcoin treasury company founded by Anthony Pompliano. ProCap has not named a successor. What the SEC Filing Reveals The 8-K filing states Park’s exit was voluntary … Read more

Is North Korea Behind the Drift Protocol Hack? Here’s What the Data Shows

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Blockchain analytics firm Elliptic’s latest analysis suggested that actors linked to the Democratic People’s Republic of Korea (DPRK) may be behind the Drift Protocol hack. The report highlighted that the hacker zeroed in on three primary vaults. This included the JLP Delta Neutral, SOL Super Staking, and BTC Super Staking. Notably, the wallet used in … Read more

Paper vs. Physical: The $34 Gap Exposing the True Cost of the Iran Oil Shock

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The price that underpins real-world oil cargo transactions surged to its highest level since 2008. Dated Brent hit $141.37 per barrel, reaching an 18-year high. Meanwhile, Brent crude futures traded near $107, still below 2022 levels. Thus, it’s clear that the benchmark for actual crude cargoes now trades more than $34 above Brent futures. “The … Read more

NFTs After the Hype: IP, Utility and the Fight to Stay Relevant

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A small group of collections has moved beyond crypto-native speculation and into consumer-facing brands. Pudgy Penguins has continued to present itself as a broader IP business, with recent CoinDesk Research describing more than $13 million in retail sales and over 2 million units sold, while Doodles now frames itself less as a pure collection and … Read more
Categories NFT

Korea’s Top Brokerage Wants Into Crypto — Starting With Coinone

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Korea Investment Securities, one of South Korea’s largest brokerages, is exploring a stake in Coinone. The firm is in early talks to acquire shares in the country’s third-ranked crypto exchange, the Herald Economy reported. The deal would add another chapter to an unprecedented wave of consolidation reshaping Korea’s crypto sector. A Crowded Field of Suitors … Read more

New MIT Study Warns AI Chatbots Can Make Users Delusional

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A new study from researchers at MIT CSAIL has found that AI chatbots like ChatGPT may push users toward false or extreme beliefs by agreeing with them too often. The paper links this behavior, known as “sycophancy,” to a growing risk of what researchers call “delusional spiraling.” The study did not test real users. Instead, … Read more