reporter on crypto and prediction markets @business | pitches to [email protected] | tips on signal to bdanweiss.123
New York
Joined February 2019
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all polymarket, all the time, i guess is the theme of my coverage the past week: bloomberg.com/news/articles/…
scoop from @denitsa_tsekova , Leonardo Nicoletti, and me! polymarket is looking into suspicious trades on the israeli elections
Polymarket is investigating a series of suspicious trades on the Israeli election, where some of the accounts already cashed out more than $100,000.
scoop by @denitsa_tsekova @bdanweiss & Leonardo Nicoletti
story link! bloomberg.com/news/articles/…
Ben Weiss retweeted
scoop: Millennium is exploring ways for portfolio managers to use prediction markets data in its trading strategies
Ben Weiss retweeted
Scoop: a16z's flagship blockchain fund plans to drop "crypto" from its name and rebrand as a16z frontier.
a16z crypto was one of the first and largest mainstream blockchain funds, raising a monster $4.5 billion vehicle in 2022, and more recently a $2.2 billion fund earlier this year.
Andreessen Horowitz also became one of the most vocal—and deep-pocketed—defenders of crypto in Washington, D.C.
Longtime general partner Ali Yahya is also leaving the fund.
a16z crypto has already been investing in non-blockchain startups like Kalshi and the AI compute market startup Ornn, and this move to expand beyond crypto echoes recent strategies by other top blockchain firms including Paradigm and Haun Ventures.
Still, general partner Chris Dixon has long been a public face for the Web3 movement, and the decision represents a symbolic shift for one of the most prominent crypto venture operations.
Full story here: theinformation.com/articles/…
scoops! @antoniabmassa and i dug into the push and pull between polymarket investors and the prediction market's CEO, shayne coplan.
story features private jet flights, elon musk's personal lawyer, talks with goldman sachs as well as cantor fitzgerald
bloomberg.com/news/articles/…
thanks to @ElleBeyoud, @nicola_m_white, @emilyjnicolle, @Suvajourno and carolyn silverman for your help on the piece and reporting!
Ben Weiss retweeted
SCOOP: While Bo Hines was leading the White House’s push to pass the Genius Act, Tether—the company with the most at stake in the bill—was steering millions of dollars to a company he co-owned.
Right after the bill passed, Tether hired him as its U.S. chief.
[Gift link] wsj.com/politics/policy/cryp…
reposting this scoop w/ @olgakharif and @MuyaoShen because i accidentally linked to binance us's website...
the US platform is in talks to raise around $100M at about a $1B valuation. the trump family crypto project, world liberty financial, was keyed into the deal but isn't participating.
bloomberg.com/news/articles/…
scoop from @cstrohm: DOJ criminal division head said in an interview that officials were reviewing Binance’s compliance with its 2023 plea agreement.
bloomberg.com/news/articles/…
my daily afternoon ritual is currently a decaf espresso and tiny rice krispy treat
Everyone wants to tell me how great their office pantry is but after the Bloomberg pantry nothing can surprise me. The Bloomberg pantry is the size of a small regional airport. The Bloomberg pantry has a fresh peanut butter machine and matcha on tap. The Bloomberg pantry makes the Thrive Capital pantry look positively soviet. Its memory will drive you to tears whenever you visit another newsroom
please critique crypto billionaires’ fashion choices!
scoop w/ @cstrohm @olgakharif: the DOJ is probing Binance itself over whether the exchange knowingly allowed Iranian flows. the investigation is being run out of SDNY and DOJ in Washington, DC is also involved: bloomberg.com/news/articles/…
where is the inevitable memecoin???
New cat alert! A call from a wildlife sanctuary about a "weird cat" has led to the first new cat species discovered in over 100 years in Bolivia’s Yungas forest ecoregion. Learn more about this feline surprise: on.natgeo.com/JRuaGj
Ben Weiss retweeted
Erebor Bank attracted crypto clients this year with a pitch -- the bank would convert their Circle and Tether stablecoins to cash for free.
Sophisticated crypto trading firms quickly figured out a way to make an easy profit out of the offer -- at a cost to Erebor.
Story with @MichaelRoddan
theinformation.com/articles/… 1/
