maga

According to Fortune magazine, in the context of a downturn in the crypto market in 2025 and the distribution of profits to investors, the portfolio values of crypto venture capital firms such as Paradigm and a16z crypto have significantly shrunk.According to filings with the U.S. Securities and Exchange Commission (SEC), the total assets under management (AUM) of four crypto funds under a16z crypto dropped nearly 40% from 2024 to 2025, falling to $9.5 billion. Part of the reason is that the firm began returning capital to investors from earlier funds, and the timing of the returns coincided with the market peak in 2025, with a net DPI (distributions to paid-in capital) of 5.4 for its first crypto fund.Multicoin Capital's AUM has more than halved, dropping to about $2.7 billion. Paradigm's holdings also slightly decreased by about 6%. Meanwhile, the total size of a16z crypto's parent company, Andreessen Horowitz, has exceeded $100 billion.The report points out that the shrinkage in assets under management reflects the decline in portfolio value due to the market downturn, and is also a sign of normal exits by VCs and the return of funds to limited partners (LPs). Some firms, such as Haun Ventures, have seen their AUM grow by over 30%, reaching around $2.5 billion.Currently, Paradigm is seeking to raise a new fund of $1.5 billion, and a16z crypto is also raising up to $2 billion for its fifth fund.

According to CoinDesk, Circle CEO Jeremy Allaire has been selected for TIME magazine's 2026 list of the 100 most influential people in the world.

According to the Forbes official website, in the latest release of the 11th annual Fintech 50 list, the prediction market platform Polymarket (funding of $2.3 billion), the digital asset securities company Securitize (funding of $425 million), the crypto wallet Phantom (funding of $268 million), the crypto lending company Ledn (funding of $107 million), and the decentralized contract trading platform Hyperliquid (funding of $0 million) made the list.Forbes points out that although the valuation of the cryptocurrency industry is relatively conservative compared to artificial intelligence startups, it still demonstrates innovation and rapid growth potential. According to CB Insights data, the total amount of private financing in fintech is expected to reach $53 billion by 2025, significantly lower than the $152 billion in 2021.

According to FinanceFeeds, Gemini and Crypto.com's parent company Foris Dax recently donated a total of $21 million to the pro-Trump MAGA Inc. super PAC, with Gemini contributing $1.5 million in USDC and Foris Dax donating $10 million in cash in two installments.

According to information from the Polymarket website, the "TIME Magazine 2025 Cover" betting event has concluded, with AI being the annual cover. The event ultimately attracted over $55.28 million in funds, with nearly $4 million betting on AI and other options. The final winner takes all, receiving the betting pool rewards.

TIME magazine announced a partnership with media brand Galactic to jointly launch the prediction market platform Predictor.io. Predictor.io will transform news, culture, and live events into interactive, data-driven experiences, operating independently from the TIME magazine newsroom. The TIME prediction market platform, powered by Galactic, is set to launch in early 2026. Galactic has also partnered with Truth Network, a blockchain designed specifically for future transparent prediction markets.

According to Decrypt, crypto KOL IcoBeast had a $1 million MegaETH token allocation canceled because IcoBeast publicly stated an intention to hedge its MEGA allocation, violating the rules associated with the one-year lock-up period.Previously, MegaETH Chief Strategy Officer Namik Muduroglu posted on X stating: "Any participant in the MegaETH sale who locks up tokens for one year must:(i) acquire tokens for their own account, with no intention of resale or transfer;(ii) not engage in any transfers, resales, or hedging transactions that violate applicable laws. Anyone who publicly discusses over-the-counter trading and hedging plans on Twitter will receive a refund and will not be allocated any tokens."Muduroglu stated that the token sale was oversubscribed by 28 times. It makes no sense to allocate tokens to those who want to sell them before they have even received them; allocating these tokens to those who are optimistic about MEGA and are at least willing to hold them during their self-imposed lock-up period is more beneficial for MegaETH and other MEGA holders.

Time Magazine in the U.S. released its list of the "300 Best Inventions of 2025," featuring cutting-edge fields such as cryptocurrency and blockchain, artificial intelligence, robotics, and wearable technology.Time Magazine pointed out that cryptocurrency and blockchain are driving changes across various industries, including finance, security, and digital ownership.

ChainCatcher news, Bitcoin Magazine CEO David Bailey stated on social media that there will be no more Bitcoin bear markets in the coming years. Every sovereign nation, bank, insurance company, enterprise, pension fund, and other institutions will eventually hold Bitcoin.This process has officially begun, and we haven't even captured 0.01% of the total market size yet. The price of Bitcoin will rise even higher.

ChainCatcher news, He Yi, co-founder of Binance, stated on his personal social media while sharing a related article from Fortune magazine: "From the kerosene lamp to the spotlight of the world, I can, and you can too. Some details in the article are inaccurate, such as the shares, and it has a very Western perspective, but what's rare is that it's not negative."

ChainCatcher news, according to Jinshi reports, U.S. Vice President Vance hopes that Musk will rejoin the MAGA camp before the midterm elections.

ChainCatcher news, according to market news, U.S. Vice President Vance hopes Musk will rejoin the MAGA camp before the midterm elections. (Jin Ten)

ChainCatcher news, according to cryptoslate, Thailand's listed company DV8 Public Company Limited announced the appointment of Chatchaval Jiaravanon, the owner of Fortune magazine and a member of Charoen Pokphand Group, as chairman, officially entering the Bitcoin and DeFi banking business.Jiaravanon previously founded the blockchain company Lightnet, providing low-cost remittance services for Southeast Asian migrants. He will lead DV8 in building a crypto-integrated digital bank, advancing Bitcoin-centric financial practices, and investing in DeFi, digital infrastructure, and corporate governance innovations.This leadership reshuffle comes after DV8 was acquired by a crypto investment consortium, which includes Sora Ventures, UTXO Management, Kliff Capital, among others, with all investors accepting a 12-month lock-up period.

ChainCatcher news, according to Bitcoin Magazine CEO David Bailey, is considering raising over $100 million to establish an organization similar to "Fairshake PAC," focused on promoting Bitcoin-related policies.He warned that any lawmakers voting against the Bitcoin tax amendment will face "repercussions" in the upcoming midterm elections.

ChainCatcher news, according to Time magazine, Coinbase has successfully made it to the 2025 list of "The World's 100 Most Influential Companies." Time stated: "Since last fall, the largest cryptocurrency exchange in the U.S., Coinbase, has seen its revenue soar to over $2 billion, thanks to the surge in cryptocurrency enthusiasm following President Trump's election victory, with traders and investors flocking to the platform. During the election, Coinbase led a massive lobbying effort to make cryptocurrency a voting issue. Now, the company became the first cryptocurrency stock to be included in the S&P 500 index in May and has become a key driver of cryptocurrency policy efforts in Washington, D.C. If industry-friendly legislation is passed, Coinbase will become a larger hub for cryptocurrency activity in the U.S."

ChainCatcher News, Time Magazine has released its list of the "100 Most Influential Companies in the World" for 2025, and Coinbase has successfully made the cut. Time wrote: "Since last fall, Coinbase, the largest cryptocurrency exchange in the United States, has seen its revenue soar to over $2 billion. Fueled by the surge of enthusiasm for cryptocurrencies following President Trump's election victory, traders and investors have flocked to the platform. During that election, Coinbase led a massive lobbying effort to help make cryptocurrency a voting issue.Today, the company became the first cryptocurrency stock to be included in the S&P 500 index in May and has become a key driver of cryptocurrency industry policy efforts in Washington, D.C. If legislation favorable to the industry is passed, Coinbase will become a larger hub for cryptocurrency activity in the United States. However, Coinbase is not without its issues: prominent blockchain investigators have accused Coinbase of failing to address security vulnerabilities, resulting in users losing hundreds of millions of dollars each year due to scams.Reports indicate that the U.S. Securities and Exchange Commission (SEC) is investigating whether the company has overstated its user numbers in past disclosures. Nevertheless, Coinbase continues to seek expansion and spent $2.9 billion in May to acquire the Dubai-based cryptocurrency derivatives exchange Deribit."

ChainCatcher news, according to The Information, sources say that David Bailey, who served as a cryptocurrency policy advisor during Donald Trump's 2024 campaign, is raising $300 million to establish a publicly listed Bitcoin investment company.Previously, several companies have acquired cryptocurrencies in an attempt to replicate the success of Michael Saylor's Strategy, which has transformed into a Bitcoin investment company. Bailey is raising $200 million through private placements and convertible bonds.It is reported that David Bailey is the CEO of Bitcoin Magazine and has recently been appointed as a member of the strategic advisory board of Metaplanet.