Business

Crypto political power is left with $193 million in Fairshake, thanks to new cash

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With an additional $25 million from Ripple and $24 million from Andreessen Horowitz (a16z), the crypto industry’s leading campaign finance fund, Fairshake political action committee, is gathering unprecedented firepower for this year’s midterm congressional elections. The crypto super PAC that exploded onto the scene in the last political cycle is set to report that it […]

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Optimism Management Approves OP Token Buyback Plan Linked to Super Chain Revenue

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Optimism’s management has approved a proposal that ties the OP token more closely to Superchain’s financial performance, marking a notable shift in how one of Ethereum’s largest layer 2 ecosystems approaches token value and revenue use. The proposal was adopted with 84.4% of votes in favor, according to Optimism’s onchain governance portal after several days

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The world’s token jumps as Sam Altman reportedly sees a biometric social network to kill bots

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The World Network (formerly Worldcoin) WLD token surged more than 27% on Wednesday after a Forbes report linked the controversial crypto project to OpenAI’s broader efforts to fight bots online. OpenAI CEO Sam Altman wants to build a “biometric social network” to help online platforms verify users and weed out AI-generated accounts, Forbes reported, citing

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IREN, Cipher Mining (CIFR) and Hut 8 (HUT) could be set to add AI-related gains

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Shares of bitcoin mining companies that have changed business plans to account for artificial intelligence (AI) infrastructure were big winners in 2025, a run they continued into the new year. And if big tech’s earnings this year are any indication, they may continue to reap the benefits of the pivot. Fourth-quarter results and 2026 outlooks

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White House to meet with crypto, bank CEOs to discuss market structure

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The White House will meet with representatives from crypto companies and traditional banks in the coming days to work on concerns about stablecoin dividends in the crypto market structure bill, people familiar with the matter told CoinDesk. The legislation, which was delayed earlier this month, has faced opposition over how it proposes to regulate stablecoin

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Paxos Gold (PAXG) sees record inflows of $248 million in January

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Crypto investors are piling into tokenized gold as digital asset markets tread water, sending inflows into Paxos’ gold token to a record high in January. Paxos Gold (PAXG), backed by physical gold held in LBMA boxes in London, raised more than $248 million in fresh capital through January, DefiLlama data shows. That lifted PAXG’s market

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