Cryptocurrency, Memecoins

How the ultra-wealthy are using bitcoin to fund their yacht upgrades and Cannes trips

admin January 25, 2026 Leave a Comment

How the ultra-wealthy are using bitcoin to fund their yacht upgrades and Cannes trips

Cometh founder Jerome de Tychey is applying DeFi lending and borrowing on platforms like Aave, Morpho, and Uniswap to structures that help the ultra-wealthy secure loans against their massive crypto fortunes.

Related

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author: admin

Former FTX crypto executive Caroline Ellison released from federal custody January 22, 2026
Ellison testified against Sam Bankman-Fried, FTX’s founder and her ex-partner who was sentenced to 25 years in prisonThe Disgraced former cryptocurrency executive Caroline Ellison has been released from federal custody after serving about 14 months for her involvement in the multibillion-dollar FTX fraud scandal. Ellison was previously head of FTX’s associated trading arm and the […]
The year of the ‘hectocorn’: the $100bn tech companies that could float in 2026 January 22, 2026
OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOsYou’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 valuations […]
Iran’s central bank using vast quantities of cryptocurrency championed by Farage, says report January 21, 2026
Regime appears to have turned to digital currency issued by Tether in the face of sanctionsIran’s central bank appears to have been using vast quantities of a cryptocurrency championed by Nigel Farage, according to a new report.Elliptic, a crypto analytics company, said it had traced at least $507m (£377m) of cryptocurrency issued by Tether – […]
Rashida Tlaib on fighting billionaire oligarchs: ‘The American people overwhelmingly want to tax the rich’ January 19, 2026
The Democratic representative plans to introduce a bill halting subsidies and tax advantages for the super-richThey had the best seats in the house. When Donald Trump was sworn in as US president a year ago this week, tech titans Jeff Bezos, Tim Cook, Elon Musk, Sundar Pichai and Mark Zuckerberg were sitting closer than even […]
‘America first’? Trump financial products raise questions about potential presidential conflicts of interest January 18, 2026
Five exchange-traded funds have been launched by Trump Media, owner of the president’s social media platform Truth SocialThe word “Truth” was plastered all around the New York Stock Exchange on Thursday morning. At 9.30am, when the market opened, a small crowd stood on the balcony above the trading floor to ring in the day.The group […]

Leave a Reply Cancel reply

U.S. Automakers’ Foreign Troubles Now Extend to Canada January 24, 2026
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
Why the Power May Not Go Out Until After the Storm Has Passed January 24, 2026
The steady accumulation of snow and freezing rain and a rise in demand for electricity can cause problems long after the sky clears, energy experts said.
Five Ways People Are Using Claude Code January 24, 2026
Claude Code generates computer code when people type prompts, so those with no coding experience can create their own programs and apps.
TikTok Strikes Deal to Create New U.S. Entity and Loosen App’s Ties to China January 24, 2026
The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban.
S.E.C. Drops Case Against Cryptocurrency Firm Founded by Winklevoss Twins January 23, 2026
The agency says that victims of an investment offering involving Gemini Trust got their money back, though after a regulatory action brought by the New York attorney general.
Will ChatGPT Ads Change OpenAI? + Amanda Askell Explains Claude’s New Constitution January 23, 2026
“The question is not are these first couple of ads that we’re seeing from OpenAI going to be good or not? It’s whether two or three years from now, ChatGPT is being steered toward ad-friendly topics.”
Will I Have to Download a New TikTok App? And Other Big Questions About The Deal. January 23, 2026
The popular short form video app has a new corporate structure in the United States, which could result in some changes for the 200 million Americans who use TikTok.
Here’s Who Just Bought TikTok January 23, 2026
Several big companies and investment firms are part of the new American TikTok. Many have ties to one another and President Trump.
Why iPhone and Android Weather Apps Are Freaking Out About Winter Storm Forecasts January 23, 2026
A foot of snow in New York? Two feet? Well, it’s complicated.
The Drama at Thinking Machines, a New A.I. Start-Up, Is Riveting Silicon Valley January 22, 2026
Defections, secret conversations, deal talks that fizzled and a battle for control: The turmoil at Thinking Machines Lab is the artificial intelligence industry’s latest drama.
How to Deal With That Drawer Full of Old Gadgets January 22, 2026
This month, resolve to revive or relinquish those old music players and point-and-shoot cameras — and retrieve any files trapped on the devices.
Elon Musk’s Grok A.I. Chatbot Made Millions of Sexualized Images, New Estimates Show January 22, 2026
Over nine days, Elon Musk’s Grok chatbot generated and posted 4.4 million images, of which at least 41 percent were sexualized images of women.
F.T.C. Appeals Loss in Meta Antitrust Case January 21, 2026
The agency is aiming to reverse a setback in the government’s campaign to rein in the power of the biggest tech companies.
At Check-In, Your Face Is Increasingly Your ID January 21, 2026
Facial recognition at security and immigration checkpoints and gates could ease airport hassles, even as the technology raises privacy concerns.
Snap Settles Lawsuit on Social Media Addiction, Avoiding a Landmark Trial January 20, 2026
The settlement means Snap will avoid a trial where plaintiffs had planned to argue that social media platforms are inherently defective and subject to personal injury liability.
Thing-Like Robotic Hand Makes Life Resemble ‘The Addams Family’ January 20, 2026
The very capable robotic picker-upper can grasp things on both sides and roam around freely.
An A.I. Start-Up Says It Wants to Empower Workers, Not Replace Them January 20, 2026
Founded by researchers from Anthropic, Google and xAI, the new company, Humans&, is already valued at $4.48 billion.
The Rise of Prediction Markets January 19, 2026
Billions of dollars are trading hands on sites like Polymarket and Kalshi, where people bet on everything from Taylor Swift’s wedding date to election outcomes.
AI Attack Ad in Texas Senate Race Shows John Cornyn Dancing With Jasmine Crockett January 17, 2026
A video from Ken Paxton, a Republican primary challenger to Senator John Cornyn of Texas, depicted A.I.-generated imagery of the senator twirling with Jasmine Crockett, a Democratic Senate candidate.
OpenAI Starts Testing Ads in ChatGPT January 16, 2026
The company said on Friday that it would start serving ads in the free version of its chatbot over the next several weeks.