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Leo Schwartz

Leo Schwartz

The Nation

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Exclusive: Crypto VC giant Paradigm makes $50 million bet on decentralized AI startup Nous Research at $1 billion token valuation

Nous aims to compete with OpenAI and DeepSeek by training open-source through crypto incentives.

yesterday 2

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Leo Schwartz

Stock market rallies after Treasury Secretary Bessent tells a closed-door investor summit that the tariff standoff with China is unsustainable

The S&P 500 climbed 2.5% after a broad market selloff on Monday.

wednesday 20

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Leo Schwartz

Term Sheet Next: How Alex Wiltschko went from Google Brain to giving computers the sense of smell

Osmo is an AI olfactory company that has raised $60 million from Lux and Google Ventures.

21.04.2025 10

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Leo Schwartz

Trump’s knives are out for Jerome Powell, setting up a Supreme Court showdown over the Fed’s independence

The Fed is special. Why the Supreme Court may let Trump fire other agency heads—but not Jerome Powell.

19.04.2025 10

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Leo Schwartz

Court filings describe DOGE-led, scream-filled, 36-hour mass layoff scramble at consumer protection agency

As the Trump administration seeks to gut the Consumer Financial Protection Bureau, employees are fighting back.

18.04.2025 8

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Leo Schwartz

Inside the crypto industry’s Faustian bargain with President Trump

29-year-old Bo Hines is leading crypto policy at the White House. But will economic volatility upend the sector’s progress?

18.04.2025 30

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Leo Schwartz

Trump’s tariffs can be beneficial in the long term, but Congress needs a more active role, says top GOP lawmaker

As chair of the House Financial Services Committee, French Hill is helping shepherd key crypto legislation.

16.04.2025 7

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Leo Schwartz

SEC lawyer heading case on Elon Musk’s Twitter acquisition resigns, cites “heartbreaking” decision

Robin Andrews led contentious litigation against Musk that was filed shortly before President Trump took office.

09.04.2025 2

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Jamie Dimon warns of ‘considerable turbulence’ and calls for quick resolution to tariffs in his annual JP Morgan shareholder letter

The financial titan had previously told critics to ‘get over’ tariffs .

07.04.2025 20

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Leo Schwartz

BNY launches new blockchain accounting tool with BlackRock as first client

The financial services company has been a pioneer in crypto offerings, including digital asset custody.

03.04.2025 2

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Leo Schwartz

Siemens to boost drug discoveries using AI through the $5.1 billion acquisition of U.S. software firm Dotmatics

Siemens said the acquisition was "complementary" to its expansion into life sciences and would lift its game in a market needing more medication...

03.04.2025 10

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Leo Schwartz

Plaid notches $575 million funding round as fintech sector rides upswing

The share sale, which will provide liquidity to employees, includes participation from Franklin Templeton, Fidelity, BlackRock, Ribbit, and NEA.

03.04.2025 10

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Leo Schwartz

Crypto giant Circle just filed for an IPO: Here are 5 key takeaways

Circle revealed details in its S-1 disclosure, including its revenue sources and partnerships with Coinbase and Binance.

02.04.2025 8

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Leo Schwartz

Exclusive: ‘Tiger Cub’ Lee Ainslie’s Maverick Ventures raises $240 million in fresh funding for early stage investments

The venture offshoot of the hedge fund giant Maverick Capital has backed companies including Hims&Hers and MosaicML.

31.03.2025 10

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Leo Schwartz

Meet the growing army of Amazon robots working alongside humans to reduce workplace injuries

A tour of Amazon’s robotics hub outside Boston, which started with a $775 million acquisition in 2012.

28.03.2025 4

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Inside the futuristic biotech startup Cellares that’s building a cure for cancer with $355 million in funding

Why New Jersey is a hub for biotech manufacturing.

24.03.2025 10

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Leo Schwartz

Exclusive: Crypto VC giant Haun Ventures raising $1 billion for two new funds amid Trump-driven blockchain boom

The firm, led by former federal prosecutor Katie Haun, previously raised $1.5 billion across two funds in 2022.

22.03.2025 4

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Leo Schwartz

Exclusive: SemperVirens raises $177 million fund focused on healthcare and workforce tech

The Bay Area-based firm relies on its extensive network to help portfolio companies find customers.

19.03.2025 10

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Leo Schwartz

Senate poised to advance landmark crypto bill, Warren warns of Elon Musk ‘controlling’ financial system

The Senate is expected to markup a stablecoin bill on Thursday.

12.03.2025 5

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Leo Schwartz

Sam Bankman-Fried is angling for a pardon from President Trump. Insiders call it a long shot

Though Trump has embraced the crypto industry, he’s unlikely to bail out SBF.

11.03.2025 5

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Leo Schwartz

This wunderkind’s first startup went bankrupt, leaving $200 million in customer assets frozen. Yet VCs are still throwing money at him

"There's no shame in failing, unless it's catastrophic," says Synapse founder Sankaet Pathak.

10.03.2025 8

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Leo Schwartz

The spectacular Synapse collapse: The ugliest divorce in fintech left $200 million in customer money frozen—and shows the risks of financial apps

Is the failure of this buzzy startup a canary in the coal mine for bigger problems in fintech?

07.03.2025 10

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Leo Schwartz

In a win for Silicon Valley, Senate votes to overturn key payments regulation that could benefit Elon Musk’s X 

The rule was enacted under the Biden administration’s Consumer Financial Protection Bureau last November.

06.03.2025 10

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Leo Schwartz

The SEC’s ‘Crypto Mom’ defends decision to drop lawsuits: ‘Our law is not supposed to be a game of gotcha’

Commissioner Hester Peirce on the SEC’s new approach toward blockchain.

05.03.2025 10

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Leo Schwartz

Exclusive: MongoDB cofounder Eliot Horowitz raises $30 million Series C for hardware automation platform Viam

The new round brings Viam’s total funding to $117 million.

03.03.2025 20

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Exclusive: Former House Financial Services chair Patrick McHenry joins crypto firm Ondo Finance

McHenry continues to advocate for crypto legislation, including for stablecoins, in Congress.

28.02.2025 10

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Exclusive: IT software startup NinjaOne raises $500 million led by CapitalG and Iconiq

How two childhood friends founded the ‘next Crowdstrike,’ now valued at $5 billion.

24.02.2025 10

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Vietnam is cutting 1 in 5 government jobs as top leader targets ‘safe havens for weak officials’

"If we want to have a healthy body, sometimes we must take bitter medicine and endure pain to remove tumors," top leader To Lam said in December.

18.02.2025 8

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TPG-spinout Greenfield Partners raises $400 million fund to back early growth companies

How Greenfield helps startups manage an “environment of controlled chaos.”

18.02.2025 8

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San Francisco police officially rule OpenAI whistleblower Suchir Balaji’s death a suicide in long awaited report

Balaji’s death has been the subject of rampant conspiracy theories and online speculation.

15.02.2025 7

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Plaid has boomed since its failed $5.3 billion Visa merger. Now its CEO is predicting a fintech summer

How will the chaotic environment in D.C. impact the financial technology sector?

10.02.2025 30

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How Newlab transformed the Brooklyn Navy Yard into a leading tech hub

From ammonia power to 3D printed bras, a tour of Newlab’s New York facilities.

03.02.2025 9

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How BlackRock’s startup culture made it a Wall Street first mover in crypto

BlackRock COO Rob Goldstein hailed the company’s culture of innovation at a private event at its New York City headquarters on Monday.

03.02.2025 10

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Inside Errol Musk’s foray into the volatile world of memecoins  

Why Elon Musk’s dad decided to endorse a cryptocurrency.

31.01.2025 30

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Elon Musk’s father Errol looks to monetize his famous name with ‘Musk It’ memecoin: ‘I’m the head of the family’

Errol Musk hopes to raise as much as $200 million for a planned for-profit think tank using proceeds from the cryptocurrency.

30.01.2025 9

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Leo Schwartz

Amid the AI arms race, these IPOs could be poised for long-term investor success

Some AI startups are itching to finally go public; other tech startups that are just 'AI-adjacent' are hoping the tech can boost their share prices.

30.01.2025 30

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After pouring billions into AI, venture capital faces a reckoning with DeepSeek breakout: ‘It’s a gut check’

Despite the setback for OpenAI and Anthropic, investors tell Fortune that DeepSeek could spur AI startup growth.

29.01.2025 6

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Block launches open-source AI agent Goose as Jack Dorsey praises DeepSeek’s development approach

Block created a new open-source team and launched Goose, an open-source AI agent.

28.01.2025 9

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How a16z ‘super-connector’ David Haber’s time at Goldman Sachs shaped his understanding of enterprise software

Diving into the “messy inbox problem.”

27.01.2025 20

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Trump’s $9 billion crypto coin is a windfall—and a new forum for influence buying, ethics expert warns

Trump could face new lawsuits about ethics violations during his second term in office.

21.01.2025 4

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With Trump 2.0, the balance of power shifts from banks to Silicon Valley

What the new administration could mean for financial technology—and beyond.

20.01.2025 20

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Inside the first Crypto Ball: Snoop, the Treasury Secretary—and a $70 billion memecoin surprise from Trump

The crypto industry gathered ahead of the presidential inauguration to celebrate its staggering victory in the 2024 elections.

19.01.2025 5

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Leo Schwartz

Trump launches official memecoin that explodes to nearly $7 billion just days before inauguration

A late-night social media announcement from the incoming president became one of the largest cryptocurrencies in hours.

18.01.2025 5

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Leo Schwartz

Block agrees to pay $120 million in refunds to resolve Cash App fraud

The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.

16.01.2025 4

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How top New York venture investors view the future of the VC industry

As venture capital grows more competitive, investors are learning to adapt.

13.01.2025 20

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Coinbase scores win against SEC as judge agrees to escalate dispute over crypto security definition

Coinbase and the SEC have been locked in legal proceedings about whether the crypto exchange is violating securities laws.

08.01.2025 6

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Exclusive: Movement Labs set to close $100 million funding round as crypto markets heat up

Movement is building a layer-2 blockchain on Ethereum using technology from Facebook's failed crypto project.

08.01.2025 10

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An ugly debate over immigration reveals cracks in the fragile Trump coalition

How long will the alliance between tech VCs and Trump last?

06.01.2025 6

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A look inside D.C.’s new financial power scene

The rise of AI could create a consumer tech renaissance in New York.

23.12.2024 10

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CoinDesk ownership Bullish fires top editorial staff amid newsroom controversy

CoinDesk CEO Sara Stratoberdha told editorial staff on Friday that the company that editor-in-chief Kevin Reynolds and two deputies were let go.

20.12.2024 5

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Leo Schwartz