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Crypto

Ramaswamy dials back crypto talk in Ohio governor race after \'bitcoin\' push in presidential run

Vivek Ramaswamy has not put cryptocurrency at the centre of his Ohio governor campaign, unlike during the 2024 Republican presidential primary when he backed bitcoin and mining and opposed a central bank digital currency. He still has financial and political ties to the sector, including donations and holdings linked to asset manager Strive. Polling and local concerns such as data centres and utility costs appear to be more prominent election issues in Ohio.

Crypto

Robinhood CEO says crypto, not sports, to dominate prediction markets within a few years

Cryptocurrency-related contracts are emerging as a core pillar of Robinhood’s prediction market business, overtaking sports, foreign media reported, citing CEO Vlad Tenev. He said crypto categories already account for a disproportionately large share and sports could become a minority within a few years. Robinhood reported 2026 second-quarter event-contract revenue of $156 million, more than 10 times a year earlier, and traded 13.6 billion contracts in the quarter.

Crypto

Sam Altman\'s biometric authentication startup World raises $52.5 million from cryptocurrency sale

World, an online authentication startup co-founded by Sam Altman, raised $52.5 million by selling WLD tokens to strategic investors, with a 12-month lockup, TechCrunch reported. Investors cannot sell or trade WLD for a year. World said the condition reflects long-term investment in its growth and expanding utility. Proceeds will go to the Cayman Islands-based World Foundation. Pantera Capital led the purchase, with other firms participating.