Coinbase co-founder Fred Ehrsam’s separate Venezuela investment firm, Primavera, is reportedly pursuing three oil assets as the country reallocates energy projects under a US-backed restructuring. Reuters reported on Sept. 2 that Primavera was among companies expected to sign Venezuelan energy agreements as soon as that day. Bloomberg reported on Sept. 1 that Ehrsam was seeking…
Circle president Heath Tarbert told Congress on Sept. 2 that placing digital-dollar infrastructure under US rules could reinforce the network effects that support the currency’s global role. The testimony framed stablecoin and digital asset legislation as a tool of dollar statecraft. US rules can strengthen private dollar-token rails, while official reserve share remains a separate…
Silicon Network is shutting down with nearly $10 million still on-chain, giving users until year-end to exit. The Ethereum layer 2 stopped accepting new bridge deposits and ended its network on Sept. 2, starting a withdrawal period that runs through Dec. 31. Silicon said its explorer and network will shut down afterward, leaving assets that…
The meme coin sector was at the forefront of gains during the last bull cycle, but over the past several months, interest in such tokens has fallen sharply. We asked three of the most popular AI-powered chatbots to assess whether any of the leading ones (or perhaps some overlooked names) have a realistic chance of…