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CleanSpark is pushing back against U.S. Customs’ claim that it owes $185 million in retroactive tariffs for allegedly importing Chinese-made Bitcoin miners in 2024. The dispute comes amid the company’s record-breaking earnings. Summary CleanSpark faces a potential $185 million tariff dispute from U.S. Customs over alleged Chinese origin of Bitcoin miners imported in 2024. The … Read more
Kalshi just raised a $185 million round, led by crypto-focused VC firm Paradigm, bringing the company’s valuation to $2 billion post-money, representatives from Paradigm and Kalshi confirmed to TechCrunch. “Prediction markets remind me of crypto 15 years ago: a new asset class on a path to trillions,” Matt Huang, co-founder and managing partner at Paradigm, … Read more
Afore Capital, a firm that claims to be the largest dedicated pre-seed investor, was founded on the idea that the first check into a new startup should be larger than what most accelerators and early-stage investors were offering. When Afore raised its third $150 million fund in 2022, the firm wrote checks ranging from $1 … Read more
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