Newlimit, the longevity biotech co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C round led by Founders Fund, roughly tripling the company’s valuation to about $3.1 billion. Crypto Wealth Flows Into Longevity Science Newlimit, the anti-aging biotech co-founded by Coinbase Global Inc. (Nasdaq: COIN) Chief Executive Brian Armstrong, has closed […]
Insider Brief American drone motor and robotic actuator manufacturer Westmag has emerged from stealth with $11 million in seed funding. According to the company, the round was led by Andreessen Horowitz, with participation from Founders Fund, Lux Capital, NFDG and Menlo Ventures, to help scale production, strengthen supply chain operations and fulfill growing demand from […]
NewLimit's valuation surge highlights growing investor confidence in biotech's potential to revolutionize aging, despite clinical uncertainties.
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Friday, Jamie Dimon, CEO of JPMorgan Chase, once again harshly attacked Brian Armstrong, CEO of Coinbase, and warned that legislators risk the current Clarity Act version failing if they do not address the concerns of conventional banks over stablecoin regulation. During an interview with Fox Business’ Maria Bartiromo, Dimon seemed
Insider Brief PRESS RELEASE — Daloopa, the essential data infrastructure for AI and agentic workflows in finance, has announced it has raised $47 million in Series C funding led by Brighton Park Capital, with participation from Squarepoint Capital, Touring Capital, and Nexus Venture Partners. This funding will accelerate Daloopa’s platform growth as investment firms increasingly move AI […]
Brian Armstrong fired back at Jamie Dimon on Friday with a meme, after the JPMorgan CEO attacked him on live TV. Coinbase CEO Brian Armstrong posted a hockey-themed rivalry meme on X on Friday, hours after JPMorgan Chase CEO Jamie…
The clash highlights the ongoing tension between traditional banking and emerging digital finance, potentially reshaping regulatory landscapes.
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As lawmakers advance the crypto bill closer to completion, JPMorgan CEO Jamie Dimon attacked Coinbase CEO Brian Armstrong and criticized the CLARITY Act on Friday. Dimon Predicts Clash Over CLARITY Act Speaking at the Reagan National Economic Forum, Dimon said banks “will not accept” the CLARITY Act in its current form. He also suggested that efforts by crypto proponents are unlikely to produce a broad consensus with traditional financial institutions. “It will be fought. No one’s gonna bow down to this guy, or that company,” Dimon said, referring to the act and Armstrong. Dimon continued: “He’s the only one, and he’s spending hundreds of millions of dollars in Washington on this thing… He’s full of shit.” Related Reading: Treasury Secretary Urges CLARITY Act Passage, Saying The US Should Be Home For Crypto As reported by NewsBTC on Thursday, the bill advanced in the Senate earlier this month. The Senate Banking Committee approved its portion, building on earlier progress from January