Funding Round Brings Global HeavyweightsBastion, a startup building infrastructure for third-party stablecoin issuance, has raised $14.6 million in a funding round led by Coinbase Ventures. The announcement Wednesday also confirmed participation from Sony, the investment arm of Samsung, Andreessen Horowitz’s crypto division, and venture capital firm Hashed. The deal brings Bastion’s total capital raised to roughly $40 million, following a $25 million round in September 2023 led by Andreessen Horowitz.At the ...

Former BitMEX CEO Arthur Hayes has released his most audacious Bitcoin prediction yet, forecasting the cryptocurrency will reach $3.4 million by 2028. The prediction hinges on Treasury Secretary Scott Bessent implementing yield curve control policies that could trigger massive money printing, creating what Hayes calls a “once in a century change of the global monetary architecture.“ Trump Administration Targets Federal Reserve Control Hayes, who manages the Maelstrom investment fund, bases his calcula ...