The Latest Breaking News from Leo Schwartz

Prediction market Polymarket has become increasingly popular throughout the 2024 U.S. election.

Meet the man trying to turn electoral betting into a $1 trillion market.

The founder of the crypto fund went silent in China for more than a month before re-appearing.

Thomas Pacchia founded PubKey in 2022 and has invited every presidential candidate to stop by. Trump accepted his invite.

Q2 saw some green shoots for mobility tech as a sector, as VCs invested $6.7 billion in mobility tech, marking a 13.9% quarter-over-quarter increase in deal value, according to PitchBook.

Accolade has invested in top crypto venture firms from a16z to Haun.

When Mike Lynch, described at one time as Britain’s Bill Gates, passed away last week, it was a shocking turn of events that would have sounded like a plot twist in an HBO show if it hadn’t been starkly real.

The crypto community has been divided by Polymarket results, and crypto users have been divided by digital coin rivalries, but this time, they are united against the idea of SEC Chair Gary Gensler taking the reins of the Treasury Department should VP Kamala Harris win in November.

Six new unicorns were minted in May and, yep, two of them were AI companies, Crunchbase data released earlier this week showed. While newly-minted AI unicorns is a predictable enough phenomenon these days, I was caught more off guard by this: Two of May’s new unicorns are in Web3.

Yida Gao raised $200 million for his venture fund Shima but has since lost the trust of his backers.

An investigation into Shima Capital and its founder, Yida Gao.