David Beckham becomes UK’s first billionaire sportsman

Former United midfielder Beckham is now a co-owner of American club Inter Miami, estimated to be Major League Soccer’s most valuable franchise at $1.45bn (£1.07bn). The 51-year-old, who was knighted in November, is also a brand ambassador for companies such as Adidas and Hugo Boss. Victoria Beckham’s wealth has primarily been generated from her fashion…

Read More

MoonPay Launches Institutional Division, Acquires Crypto Key Management Firm Sodot

In brief MoonPay acquired Sodot, a crypto key management infrastructure company, in an all-stock deal reportedly worth about $100 million. The acquisition forms the foundation of MoonPay Institutional, a new division targeting financial institutions entering digital asset markets. Caroline D. Pham, former acting CFTC Chairman and current MoonPay Chief Legal Officer, will lead the institutional…

Read More

Linea Moves ZK Rollup Stack Under Linux Foundation Governance

Linea Consortium has joined Linux Foundation Decentralized Trust (LFDT) as a premier member and contributed the open-source zero-knowledge (ZK) rollup stack powering Linea as a new code project called Lineth. The contribution places Linea’s core layer-2 technology under LFDT’s open-source governance framework, rather than the control of any single company, Linea Consortium said in a…

Read More