The fund, to be run by Arthur Hayes and two associates, reportedly plans to use $40 million to $75 million for each acquisition of up to six crypto companies. Maelstrom, the family office connected to BitMEX co-founder Arthur Hayes, is reportedly looking to raise $250 million for a private equity fund aimed at acquiring crypto companies. According to a Bloomberg report on Friday, the fund plans to use $40 million to $75 million for each acquisition of as many as six crypto companies, with funding expected to be completed by September 2026. Maelstrom will reportedly focus on companies offering trading infrastructure and analytics platforms. Maelstrom co-founder and managing partner Akshat Vaidya reportedly said investors in the fund “want exposure to the high-cash flow, high-growth crypto sector but lack the capabilities in-house to do this themselves.” Vaidya will reportedly run the fund with Hayes and Adam Schlegel, a new partner at Maelstrom. Read more
Ether’s price rebound potential hinges on improving US credit and labor data, as traders show caution after recent liquidations and volatility in derivatives markets. Key takeaways: ETH futures premium shows traders are staying cautious and avoiding heavy leverage even as banking stocks rebound from recent credit concerns. Ether whale activity near $3,700 suggests limited bearish conviction, though confidence in a swift recovery toward $4,500 remains subdued. Read more
ArcelorMittal confirms its final decision to permanently halt production at its Hunedoara plant, which makes produces commercial angles and profiles for the energy, construction and infrastructure markets.
Российская пропаганда в очередной раз заявляет об поражении военных целей в Кривом Роге. Но это ложь.Что пишет РФ Российские пропагандистские сайты и Telegram-каналы Подробнее
In a letter to the US regulator, Ondo argued that Nasdaq’s plan relies on undisclosed settlement details that could favor big players. Ondo Finance urged the US Securities and Exchange Commission (SEC) to delay or reject Nasdaq’s proposal to trade tokenized securities, saying it lacks transparency and could give established market players an unfair edge. In a Wednesday letter to the regulator, Ondo — a blockchain company that issues tokenized versions of traditional assets — said regulators and investors can’t fairly evaluate Nasdaq’s proposal without public details on how the Depository Trust Company (DTC) will handle blockchain settlements. DTC serves as the main depository for US securities and facilitates their post-trade settlement. While acknowledging support of Nasdaq’s move toward tokenization, Ondo warned that “Nasdaq’s reference to non-public information implies differential access that deprives other firms of a fair opportunity to comment.” Read more
US President Donald Trump suggested on Friday it would be premature to give Tomahawk missiles to Ukraine, saying as he hosted Volodymyr Zelensky that he hoped to secure peace with Russia first. “Hopefully, they won’t need it. Hopefully we’ll be able to get the war over with without thinking about Tomahawks,” Trump told journalists, including an AFP reporter, as the two leaders met at the White House. Trump added that he was confident of getting Russian President Vladimir Putin to end the invasion he launched in 2022, following a phone call with the Kremlin chief a day earlier. The US and Russian presidents agreed on Thursday to a new summit in the Hungarian capital, Budapest, which would be their first since an August meeting in Alaska that failed to produce any kind of peace deal. “I think that President Putin wants to end the war,” Trump said. But Zelensky, who wore a dark suit for his third meeting with Trump in Washington since the US president’s return to power, demurred, saying that Putin was “not ready...