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Tether floats $5 billion raise after investor pushback on $500 billion valuation target: FT

Tether floats $5 billion raise after investor pushback on $500 billion valuation target: FT

Tether advisors have floated a $5 billion raise, down from $20 billion, after investor resistance to a $500 billion valuation, per the FT.

Tether scales back $20 billion funding ambitions after investor resistance: FT

Tether scales back $20 billion funding ambitions after investor resistance: FT

Advisers are now discussing a smaller fundraising of roughly $5 billion, as prospective backers question both the size of the deal and Tether’s lofty valuation.

Aave Labs sunsets Avara ‘umbrella brand’ and Family wallet as it refocuses on DeFi

Aave Labs sunsets Avara ‘umbrella brand’ and Family wallet as it refocuses on DeFi

The move comes amid ongoing tensions with Aave DAO over which entity ultimately controls the Aave lending protocol.

French Police Raid X’s Paris Office in Probe of Grok AI and Illegal Content

French Police Raid X’s Paris Office in Probe of Grok AI and Illegal Content

The French action comes as investigations into X’s Grok chatbot expand across multiple jurisdictions, including the UK and EU.

AI Made Sam Altman Feel 'Useless and Sad'—X Users Tried to Make Him Feel Worse

AI Made Sam Altman Feel 'Useless and Sad'—X Users Tried to Make Him Feel Worse

OpenAI CEO Sam Altman said Codex made him feel useless. X users responded by roasting his vulnerability—and airing months of anger over AI job losses.

France Considers Restricting VPNs to Support Under-15 Social Media Ban

France Considers Restricting VPNs to Support Under-15 Social Media Ban

A French official said the government is looking at ways to stop the use of VPNs to evade an incoming social media ban for kids under 15.

Robinhood CEO’s AI startup sponsors former Eclipse founder accused of sexual misconduct

Robinhood CEO’s AI startup sponsors former Eclipse founder accused of sexual misconduct

At the time the former Eclipse CEO and founder Neel Somani acknowledged but denied allegations of sexual harassment.

Game On: How Esports Giant Team Liquid is Leveling Up its Data Storage With Walrus

Game On: How Esports Giant Team Liquid is Leveling Up its Data Storage With Walrus

Behind the scenes, the esports powerhouse has moved hundreds of terabytes of content to a decentralized data layer built for scale.

Standard Chartered Cuts Near-Term Solana Forecast, Sees $2,000 by Decade's End

Standard Chartered Cuts Near-Term Solana Forecast, Sees $2,000 by Decade's End

Standard Chartered analyst says Solana's "ultra-low-cost" model will dominate micropayments, but scaling may take several more years.

TeraWulf jumps 11% after buying power-rich Kentucky and Maryland sites

TeraWulf jumps 11% after buying power-rich Kentucky and Maryland sites

The acquisitions bring TeraWulf’s capacity to 2.8 gigawatts as it targets major infrastructure expansion to supply power-hungry computing demand.

President Trump says he was unaware of $500 million UAE investment in World Liberty Financial

President Trump says he was unaware of $500 million UAE investment in World Liberty Financial

Trump denied knowledge of a $500 million Abu Dhabi investment in World Liberty Financial as conflict-of-interest concerns mount in Congress.

DeFi doyen Stani Kulechov buys $30 million mansion in London’s Notting Hill: Bloomberg

DeFi doyen Stani Kulechov buys $30 million mansion in London’s Notting Hill: Bloomberg

Kulechov, the founder of decentralized lending platform Aave, bought the luxury property in November, Bloomberg reported.