Bitcoin treasury firms are a better bet than crypto ETFs, says Twenty-One Capital CEO Jack Mallers

At a time when Bitcoin broke the $120,000 mark for the first time, Wall Street’s appetite is growing for new ways to hold the first—and largest—cryptocurrency. The latest vehicle: publicly traded companies that hold Bitcoin in their treasuries. On the inaugural episode of Fortune’s vodcast Crypto Playbook, Jack Mallers—a prominent Bitcoin champion and the CEO […]

Continue Reading

Israel strikes Syrian military headquarters in Damascus

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel carried out strikes near Syria’s presidential palace and on the military headquarters in Damascus on Wednesday, a significant escalation of its bombing campaign in the neighbouring country. The Israeli military also carried out strikes […]

Continue Reading

Marc Andreessen blasts elite colleges over DEI policies in leaked messages

Venture capitalist Marc Andreessen hit out at elite U.S. universities for allegedly discriminating against children of conservative Trump voters. The leaked comments from a private WhatsApp group chat that included several Trump administration officials indicate a broader backlash among wealthy elites against many of the institutions where they got their degrees. Ivy League graduate and […]

Continue Reading

US inflation reaches 2.7% as Trump tariffs hit

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US inflation climbed to 2.7 per cent in June, surpassing expectations and signalling that Donald Trump’s tariffs are hitting prices. Tuesday’s annual consumer price index figure was up from 2.4 per cent in […]

Continue Reading

Why the cofounder of Nextdoor came back after five years of investing in startups

– They say you can never go home again. But Sarah Leary would disagree. In 2019, the Nextdoor cofounder stepped away from the company she helped build. Five years later, she returned to her old stomping grounds to help usher in a new era of the neighborhood social networking platform—now a $247 million-in-revenue business with […]

Continue Reading