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The year of the ‘hectocorn’: the $100bn tech companies that could float in 2026
OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOs You’ve probably heard of “unicorns” – technology startups valued at more than $1bn – but 2026 is shaping up to be the year of the “hectocorn”, with several US and European companies potentially floating on stock markets at…
Cryptocurrency slump erases 2025 financial gains and Trump-inspired optimism
Last few months of the year have seen $1tn in value wiped from the market, despite all-time-high price of bitcoin As 2025 comes to a close, Donald Trump’s favorable approach to cryptocurrency has not proven to be enough to sustain the industry’s gains, once the source of market-wide optimism and enthusiasm. The last few months…
Crypto market sheds more than $1tn in six weeks amid fears of tech bubble
Bitcoin price at lowest level since April while FTSE 100 falls as Google boss warns there is ‘irrationality’ in AI boom Business live – latest updates More than $1tn (£760bn) has been wiped off the value of the cryptocurrency market in the past six weeks amid fears of a tech bubble and fading expectations for…
‘He’s one of the few politicians who likes crypto’: my day with the UK tech bros hosting Nigel Farage
The Reform UK leader is courting the crypto community in the hope it could become a campaign funding base It is a grey morning in Shadwell, east London. But inside the old shell of Tobacco Dock, the gloom gives way to pulsating neon lights, flashy cars and cryptocurrency chatter. Evangelists for Web3, a vision for…
Trump fortune balloons by billions after family firm’s crypto token starts trading
World Liberty Financial’s digital token $WLFI fell in price on first day, a year after launch by Trump family and partners The Trump family’s cryptocurrency venture, World Liberty Financial, put its namesake digital tokens up for sale on Monday, adding some $5bn in paper value to Donald Trump’s family fortune. The token, known as $WLFI,…
Crypto mogul Do Kwon pleads guilty to fraud for $40bn market collapse
Terraform Labs co-founder, pleading guilty to two charges, was accused of misleading investors in 2021 about TerraUSD Do Kwon, the South Korean entrepreneur behind two cryptocurrencies that lost an estimated $40bn in 2022 and caused the market to implode, pleaded guilty on Tuesday to two US charges of conspiracy to defraud and wire fraud. Kwon,…
George Osborne says UK has been left behind in cryptocurrency boom
Ex-chancellor criticises hesitant approach to crypto and warns country in danger of missing next surge in market Business live – latest updates The UK has been left behind in the cryptocurrency boom and is in danger of missing a second wave of demand, according to the former chancellor George Osborne. Osborne, who has an advisory…