Ex-DeepMind RL chief David Silver's London startup Ineffable Intelligence raised $1.1B at a $5.1B valuation Monday. Sequoia and Lightspeed co-led; Nvidia, DST, Index, Google, and the UK Sovereign AI Fund joined Europe's largest seed round ever.
Beijing's NDRC ordered Meta to unwind a $2B acquisition already signed, integrated, and announced. Combined with travel bans on Manus co-founders, the move sets new precedent for cross-border AI M&A and forces every Western acquirer to reprice Chinese-founded AI startup risk.
An LBS + Yale study of 1.72M Polymarket accounts finds just 3.14% are skilled winners — they capture 30%+ of all gains, while 67% of accounts absorb every aggregate loss in the system across 98,906 events and $13.76B in trading volume.
DeFi TVL dropped $13B in 48 hours after Kelp DAO's $292M exploit, but most of that wasn't real capital leaving — it was looping strategies unwinding. Spark TVL meanwhile jumped from $1.8B to $2.9B, suggesting capital rotation, not abandonment.
KBC, BBVA, DZ Bank and Societe Generale are now wiring BTC and ETH directly into existing brokerage and payments rails under MiCA. EU crypto ownership is projected to hit ~25% by 2030, up from 9% in 2024.
Project Eleven estimates roughly 6.9 million BTC sit in addresses with exposed public keys, including Satoshi's coins, and resource estimates for a full 256-bit elliptic-curve break have fallen below 500,000 physical qubits.
Open interest in BlackRock IBIT options reached $27.61B on April 25, edging Deribit's $26.90B BTC options book for the first time and closing the gap with a venue that has run since 2016 in roughly two years.
Cohere is acquiring Germany's Aleph Alpha at a roughly $20B combined valuation, with Schwarz Group anchoring a ~$600M financing and STACKIT supplying the sovereign cloud beneath the merged enterprise AI stack.
Google committed up to $40 billion to Anthropic on April 24, with $10 billion in cash wired immediately at a $350 billion valuation and $30 billion more contingent on performance targets. The deal also locks in 5 gigawatts of TPU compute over five years.
Fluent activated its Ethereum Layer 2 mainnet on April 24 alongside the BLEND token and USDnr stablecoin, opening with $50 million in day-one liquidity and a 'blended execution' environment that runs apps written for different virtual machines inside one chain state.
Morgan Stanley launched MSNXX on April 16, a $1.00-NAV government money market fund built for stablecoin issuers required to hold high-quality liquid assets under the GENIUS Act. Holdings: short-dated US Treasuries and overnight repos.
Google is committing up to $40 billion to Anthropic, structured as $10 billion in cash at a $350 billion valuation plus an additional $30 billion contingent on performance milestones, alongside 5 gigawatts of dedicated TPU capacity over the next five years.