Stablecoin firm Tether has led a $50 million strategic investment round in sleep technology startup Eight Sleep, to help the company integrate artificial intelligence agents into its sleep tech products. The latest funding round was announced on Tuesday, with Eight Sleep raising $50 million at a $1.5 billion valuation. It follows a $100 million raise last August. The firm specializes in sleep health products, primarily across bedding and supplements. In an announcement on Tuesday, Tether expressed its strong conviction in health technology for supporting “longevity, performance, and disease prevention,” and…
Day: March 5, 2026
A16z Crypto Raises $2 Billion Fund Amid Market Downturn
Crypto venture capital giant Andreessen Horowitz is doubling down on crypto despite a major market downturn, seeking $2 billion for a new crypto fund. A16z Crypto, the blockchain arm of venture capital firm Andreessen Horowitz, is raising a fifth fund focused on crypto with plans to close by mid-2026, according to Fortune, citing anonymous sources on Wednesday. The latest round is significantly smaller than its previous $4.5 billion fund from 2022, but the company has shifted to a shorter fundraising cycle to remain flexible to ever-changing crypto narratives. The move…
Bitwise Makes Latest Donation to Open-Source Bitcoin Devs
Crypto asset manager Bitwise has now donated a total of $383,000 to support developers who maintain and secure the Bitcoin network since 2024, with its latest $233,000 contribution announced on Wednesday. Its second payout, funded by 10% of gross profits from its Bitwise Bitcoin ETF (BITB), adds to the $150,000 that it donated in February 2025 after BITB’s first full year. “Bitwise is proud to donate $233,000 to support the unsung heroes maintaining and securing the Bitcoin network,” Bitwise said in a post to X on Wednesday. Around the time…
XRP Price Gathers Strength, Traders Anticipate $1.50 Break
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Europol, FBI Wipe Major Crime Forum LeakBase Off The Web
An international law enforcement operation involving the US Federal Bureau of Investigation, Europol and other agencies has taken down one of the internet’s most notorious cybercrime forums, LeakBase. The forum was a place for hackers to buy and sell stolen data and cybercrime tools, amassing more than 142,000 members and over 215,000 messages. “The FBI, Europol, and law enforcement agencies from around the world executed a takedown of LeakBase, one of the largest online cybercriminal platforms, seizing users’ accounts, posts, credit details, private messages, and IP logs for evidentiary purposes,”…
Anthropic chief seeks last-minute Pentagon deal to keep AI in military supply chain
Anthropic CEO Dario Amodei is pushing a compromise with the Pentagon after a heated dispute that left the AI company at risk of being blacklisted by the US government. According to the Financial Times, Amodei has engaged in urgent negotiations with officials, including Emil Michael, under-secretary of defense for research and engineering, to reach an agreement governing military access to Anthropic’s AI models. A successful outcome would allow the Pentagon to continue deploying the company’s technology and would avert a threatened designation as a supply chain risk that would effectively…
Zerohash applies for US National Trust Bank Charter
Blockchain infrastructure firm Zerohash has announced it has applied for a US national trust bank charter — a move that could strengthen the company’s position as a crypto payment rail provider to the TradFi sector. On Wednesday, Zerohash said it is seeking the Office of the Comptroller of the Currency-issued license to operate a federally regulated trust bank, enabling it to expand its stablecoin and custody services to the banks, brokerages and fintechs that it serves. “With the federal legislative and regulatory landscape for stablecoins and digital assets rapidly maturing,…
Coinbase Helps Dismantle Major Phishing Platform
A coalition of tech companies and law enforcement, including Coinbase, has dismantled the core infrastructure of Tycoon 2FA, a major phishing-as-a-service platform that offered tools to bypass multi-factor authentication. Europol announced Wednesday that Microsoft helped block 330 domains linked to the platform, while law enforcement seized additional key infrastructure. Financial tracing was also a key aspect. Coinbase said it assisted by tracing blockchain-related transactions funding Tycoon 2FA, which helped identify the phishing platform’s alleged administrator and buyers. “Taking Tycoon’s core infrastructure offline cuts off a major pipeline for credential theft…
Tech Giants Sign Pledge to Cover AI Power Costs
US technology giants have signed a White House pledge to cover the power costs of their artificial intelligence data centers, which the Trump administration says will prevent consumers from paying higher utility bills. The non-binding “Ratepayer Protection Pledge” was signed by Amazon, Google, Meta, Microsoft, OpenAI, Oracle and xAI on Wednesday, promising the companies would “build, bring, or buy” the energy needed to build and operate data centers and would not pass on costs to consumers. “The data centers […] need some PR help,” US President Donald Trump said at…
Ethereum Price Hits $2,200 Milestone, Traders Brace for Next Move
Ethereum price started a fresh increase above $2,120. ETH is now correcting gains from $2,200 and might decline further below $2,100. Ethereum started a downside correction from the $2,200 zone. The price is trading above $2,080 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,180 zone. Ethereum Price Rallies Over 8% Ethereum price started a fresh increase above…