Get ready for a revolution. Crypto is on the verge of transforming finance, just like the internet revolutionized information.
Theres a lot of good thats bound to come to the world once we break the walled gardens of finance, said Jason Yanowitz, the co-founder at Blockworks, the media brand thats driving forward the most important conversations in crypto.
In anticipation of crypto becoming the underlying technology of the entire financial market and the largest asset class in the world, Blockworks' team led by Yanowitz and co-founder Michael Ippolito raised $12 million at a $135 million valuation.
See Also: Benzinga's Stock Whisper Index – 5 Tickers Investors Secretly Monitor
This round putsthe company in a stronger position to expand and compete with the likes of Wall Street Journal. Yanowitz explained that, unlike other media companies, his team is not using the money to buy trust; instead, they are using it to build products at the bottom of the funnel.
Yanowitzs unconventional leadership tactics date back to 2017. While visiting Hungary, a region historically plagued by tyranny, he wanted to learn more about self-sovereign money like Bitcoin BTC/USD but could not find good sources.
With aims to mend these information asymmetries, Yanowitz co-founded Blockworks in 2018. The startup initially focused on hosting conferences before moving into digital media. This is opposite to how media companies are traditionally built, Yanowitz explained, noting that the first events they hosted were happy hours for the institutional and crypto crowds.
Eventually, Blockworks launched its Digital Asset Summit, one of the few crypto events where attendees still adhere to formal dress codes.
The podcast network was our first step into digital media, and when the pandemic happened, we realized we needed to double down on the media side of the business to address certain gaps. We added reporters from Bloomberg, CNBC, and the Wall Street Journal to help us create a world-class media company, launching the new media site in 2021.
The newsletter and podcast businesses, as well as partnerships with the likes ofBankless, resulted in Blockworks exponential growth throughout 2021. In anticipation of a broader slowdown heading into 2022, Yanowitzs team began building a platform for professional users. The recent raise, whichincluded participation from 10T, Framework Ventures, and Santiago Santos, is helping accelerate growth while keeping the culture intact, Yanowitz said, noting many new users are likely to come from Asia, where there has been a reverse in regulation and an inflow of capital and investment.
We dont want 100 million people to read Blockworks. We aim to reach a million of the most influential crypto executives and investors globally, Yanowitz said, noting he is willing to sacrifice page views and attendance at conferences to fulfill Blockworks mission.
Good content will win out in the long term," he says. "Were playing a very long-term game.
Now Read: BlackRock Moves Forward With Bitcoin ETF
Cassie Ventura broke down in tears in court as she described her “personal shame” at taking part in “freak off” sex sessions for Sean Combs – and also accused him of raping her as their relationship came to an end.
During her second day of testimony, the singer and model told jurors of several alleged violent incidents and said the hip-hop mogul, who was known as Puff Daddy and Diddy throughout his career, blackmailed her with compromising videos.
At one point, the courtroom in Manhattan, New York, fell silent as sexually explicit images from “freak offs” were shown to jurors, but kept private from the public gallery. These included images of Ms Ventura and escorts.
Combs asked his lawyer Marc Agnifilo to see a binder of the images, and thumbed through it for a few moments before handing it back.
Image: Combs watched as hotel CCTV was played in the courtroom
The 55-year-old, once one of the most powerful men in the music industry, has pleaded not guilty to charges of sex-trafficking, racketeering conspiracy, and transportation to engage in prostitution.
Prosecutors allege he used his fame and fortune to coerce Ms Ventura and other women into abusive sex sessions with escorts. His lawyers have conceded he could be violent, but argue that all sexual encounters were consensual and he never veered into sex trafficking and racketeering.
Ms Ventura, who is heavily pregnant with her third child, kept calm and composed for most of her evidence on Wednesday, but broke down at the end of the day when asked why she had chosen to testify.
“I can’t carry this anymore,” she told the court. “I can’t carry the shame, the guilt, the way he treated people like they were disposable. What’s right is right, what’s wrong is wrong. I came here to do the right thing.”
Early in 2023, she said she started suffering from “flashbacks” and had suicidal thoughts, so went to rehab and trauma therapy.
Image: Jurors were shown images of bruises on Ms Ventura’s body
It is “impossible to know” how many “freak offs” she participated in, but it was in the hundreds, she told the court. Asked if she has been involved in any since ending the relationship in 2018, she replied: “No.”
Ms Ventura, 38, alleged that Combs raped her at her home in Los Angeles, after she told him she was ending things.
“I just remember crying and saying no, but it was very fast,” she said, her voice trailing off.
She told jurors she did have consensual sex with the rapper on a subsequent occasion. “We’d been together for over 10 years. You just don’t turn feelings off,” she said.
Ms Ventura sued Combs in November 2023, and settled within 24 hours. She received £20m, the trial was told.
Combs ‘threatened Cassie and Kid Cudi’
Ms Ventura’s second day of testimony also included details of how she briefly dated Scott Mescudi, better known as singer and rapper Kid Cudi, during a low point in her relationship with Combs in 2011.
Combs lunged at her with a corkscrew and kicked her in the back when he found out, jurors heard, and threatened to blow up Mescudi’s car.
These allegations were also detailed in her lawsuit, which alleged his car did “explode in his driveway” around this time.
During several hours on the stand, Ms Ventura told how she hid the extent of Comb’s alleged violence from loved ones, and described one incident when she allegedly suffered a “pretty significant gash” above her left eye after he threw her into a bed frame.
Rather than go to hospital, his security staff took her to a plastic surgeon in Beverly Hills, she said.
The hotel CCTV ‘attack’
Please use Chrome browser for a more accessible video player
1:29
CCTV footage shows Diddy ‘attacking’ Cassie in hotel
An incident at a hotel in Los Angeles in March 2016, which has come up several times during the trial already, was also discussed again.
CCTV from the hotel, which was first released by CNN in May 2024, showed Combs allegedly beating Ms Ventura in a hallway.
Jurors were shown photos of her with a swollen lip following the incident as she testified. She said a friend of hers saw her injuries and was “super upset” because she’d “seen me with black eyes and busted lips before”.
She also spoke about a trip to Cannes in 2013, after which she said the rapper began playing a recording of a “freak off” on his laptop on a commercial flight to New York, with other people around them – telling her he was “going to embarrass me and release them”.
Image: Combs allegedly threw a vase during the hotel incident. Pic: Department of Justice via Reuters
Asked if the freak offs impacted her health, Ms Ventura said she had stomach problems and frequently developed urinary tract infections. She was also affected mentally, she told the court, saying they made her feel “really empty” and “gross”.
Throughout her testimony, Ms Ventura has maintained she never wanted to have sexual experiences with other people but did it at first to please the man she loved, and later out of fear. She was 22 and inexperienced when she started dating Combs, who was 17 years older, she said.
The trial continues with cross-examination of Ms Ventura from the defence tomorrow.
LAS VEGAS — Vegas Golden Knights captain Mark Stone sat out Game 5 on Wednesday night in the second-round playoff series against the Edmonton Oilers because of an upper-body injury.
Stone was injured in the first period Saturday in a last-second 4-3 victory by the Golden Knights and did not play in the second and third period. He returned, however, to play in Game 4 on Monday, a 3-0 Vegas loss.
Stone had two goals and two assists in the first two games of the series but has not scored a point since then.
The Oilers took a 3-1 series lead into Wednesday’s game.
Cassie Ventura broke down in tears in court as she described her “personal shame” at taking part in “freak off” sex sessions for Sean Combs – and also accused him of raping her as their relationship came to an end.
During her second day of testimony, the singer and model told jurors of several alleged violent incidents and said the hip-hop mogul, who was known as Puff Daddy and Diddy throughout his career, blackmailed her with compromising videos.
At one point, the courtroom in Manhattan, New York, fell silent as sexually explicit images from “freak offs” were shown to jurors, but kept private from the public gallery. These included images of Ms Ventura and escorts.
Combs asked his lawyer Marc Agnifilo to see a binder of the images, and thumbed through it for a few moments before handing it back.
Image: Combs watched as hotel CCTV was played in the courtroom
The 55-year-old, once one of the most powerful men in the music industry, has pleaded not guilty to charges of sex-trafficking, racketeering conspiracy, and transportation to engage in prostitution.
Prosecutors allege he used his fame and fortune to coerce Ms Ventura and other women into abusive sex sessions with escorts. His lawyers have conceded he could be violent, but argue that all sexual encounters were consensual and he never veered into sex trafficking and racketeering.
Ms Ventura, who is heavily pregnant with her third child, kept calm and composed for most of her evidence on Wednesday, but broke down at the end of the day when asked why she had chosen to testify.
“I can’t carry this anymore,” she told the court. “I can’t carry the shame, the guilt, the way he treated people like they were disposable. What’s right is right, what’s wrong is wrong. I came here to do the right thing.”
Early in 2023, she said she started suffering from “flashbacks” and had suicidal thoughts, so went to rehab and trauma therapy.
Image: Jurors were shown images of bruises on Ms Ventura’s body
It is “impossible to know” how many “freak offs” she participated in, but it was in the hundreds, she told the court. Asked if she has been involved in any since ending the relationship in 2018, she replied: “No.”
Ms Ventura, 38, alleged that Combs raped her at her home in Los Angeles, after she told him she was ending things.
“I just remember crying and saying no, but it was very fast,” she said, her voice trailing off.
She told jurors she did have consensual sex with the rapper on a subsequent occasion. “We’d been together for over 10 years. You just don’t turn feelings off,” she said.
Ms Ventura sued Combs in November 2023, and settled within 24 hours. She received £20m, the trial was told.
Combs ‘threatened Cassie and Kid Cudi’
Ms Ventura’s second day of testimony also included details of how she briefly dated Scott Mescudi, better known as singer and rapper Kid Cudi, during a low point in her relationship with Combs in 2011.
Combs lunged at her with a corkscrew and kicked her in the back when he found out, jurors heard, and threatened to blow up Mescudi’s car.
These allegations were also detailed in her lawsuit, which alleged his car did “explode in his driveway” around this time.
During several hours on the stand, Ms Ventura told how she hid the extent of Comb’s alleged violence from loved ones, and described one incident when she allegedly suffered a “pretty significant gash” above her left eye after he threw her into a bed frame.
Rather than go to hospital, his security staff took her to a plastic surgeon in Beverly Hills, she said.
The hotel CCTV ‘attack’
Please use Chrome browser for a more accessible video player
1:29
CCTV footage shows Diddy ‘attacking’ Cassie in hotel
An incident at a hotel in Los Angeles in March 2016, which has come up several times during the trial already, was also discussed again.
CCTV from the hotel, which was first released by CNN in May 2024, showed Combs allegedly beating Ms Ventura in a hallway.
Jurors were shown photos of her with a swollen lip following the incident as she testified. She said a friend of hers saw her injuries and was “super upset” because she’d “seen me with black eyes and busted lips before”.
She also spoke about a trip to Cannes in 2013, after which she said the rapper began playing a recording of a “freak off” on his laptop on a commercial flight to New York, with other people around them – telling her he was “going to embarrass me and release them”.
Image: Combs allegedly threw a vase during the hotel incident. Pic: Department of Justice via Reuters
Asked if the freak offs impacted her health, Ms Ventura said she had stomach problems and frequently developed urinary tract infections. She was also affected mentally, she told the court, saying they made her feel “really empty” and “gross”.
Throughout her testimony, Ms Ventura has maintained she never wanted to have sexual experiences with other people but did it at first to please the man she loved, and later out of fear. She was 22 and inexperienced when she started dating Combs, who was 17 years older, she said.
The trial continues with cross-examination of Ms Ventura from the defence tomorrow.