Slash Financial, a Gen Z-founded business banking platform, has achieved unicorn status off the back of a $100 million Series C funding round.
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Led by Ribbit Capital, with participation from Khosla Ventures, Goodwater Capital, New Enterprise Associates and Y Combinator, the round values Slash at $1.4 billion.
Slash combines FDIC-insured business checking, corporate cards with uncapped cashback rewards, expense management, treasury management, global payments, and stablecoin support into a single platform.
Founded by college dropouts Victor Cardenas and Kevin Bai in 2021, the firm is now powering more than $30 billion in annualised payment volume and serving more than 5,000 businesses across a growing range of industries.
The company surpassed $250 million in annualised revenue in 2025 and exceeded $1 billion in annualised stablecoin payment volume within nine months of launching the product.
With the Series C in place, Slash is making a major AI play through the launch of Twin, a financial agent promising to bring intelligence and automation to the financial workflows of customers.
The firm claims that Twin acts as an “AI Chief of Staff” by leveraging contextual access to a company’s entire Slash account to surface insights on recurring financial or operational tasks, and take real action via direct card or bank payments and other key functions.
Victor Cardenas, CEO, Slash Financial, says:. “This round lets us build the next layer of what Slash can do: more industries, more markets, more of the financial tools businesses actually need.”
An appellate court is expected to reach a decision after hearing arguments from Kalshi and lawyers representing the state of Nevada.
Some legal experts speculated that the state vs. federal jurisdiction battle over regulating prediction markets companies could soon be headed to the United States Supreme Court.
On Thursday, the US Court of Appeals for the Ninth Circuit heard oral arguments from lawyers representing prediction markets platform Kalshi and Nevada authorities over the state’s ban on the prediction markets’ event contracts. The appeal was over a lower court decision preventing Kalshi from offering certain event-based contracts in Nevada, based on claims that the company needed a gaming license.
Thursday oral arguments by Kalshi and the State of Nevada. Source: US Court of Appeals, Ninth Circuit
The appellate judge overseeing Thursday’s oral arguments and the lawyer for Kalshi acknowledged that there had been several state-level enforcement actions against the company and other prediction market platforms, including criminal charges filed in Arizona. However, last week a federal court blocked Arizona authorities from enforcing the state’s gambling laws on Kalshi’s event contracts.
“I think the body of case law does demonstrate that what we really need to avoid here is having a state and a federal court considering exactly the same issue at exactly the same time and potentially reaching different outcomes,” said Colleen Sinzdak, representing Kalshi.
Related: CFTC probes oil futures trades tied to Trump’s moves in Iran: Report
Central to Kalshi’s argument was that the platform’s event contracts were “swaps” falling under the purview of the Commodity Futures Trading Commission (CFTC) rather than state gaming authorities. CFTC Chair Michael Selig has backed this position in the case of Crypto.com’s prediction markets against Nevada authorities.
The appellate court did not immediately announce a decision following oral arguments. Any ruling could affect how state courts treat prediction market platforms like Kalshi and Polymarket as policymakers come to terms with the growing market, expected to reach $1 trillion by 2030.
Coinbase’s top lawyer weighs in on prediction market arguments
Coinbase chief legal officer Paul Grewal, whose company was not a party to the Kalshi proceedings but has a stake in the prediction markets fight, speculated that the case could go the US Supreme Court.
“The questions at oral argument are an unreliable signal in predicting the leanings of a court,” said Coinbase chief legal officer Paul Grewal in a Thursday X post following the oral arguments. “Either way, I stand by my longstanding prediction— the Supreme Court will resolve whether sports [contracts] on [Designated Contract Markets] are swaps subject to the exclusive jurisdiction of the CFTC.”
The US Supreme Court gave states the authority to regulate sports gambling in its 2018 decision in Murphy v. National Collegiate Athletic Association.
Magazine: Should users be allowed to bet on war and death in prediction markets?
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Bitcoin’s core developers earlier this week proposed freezing 8 million coins to defend against quantum attackers.
But Cardano founder Charles Hoskinson believes it still can’t save coins belonging to the network’s pseudonymous creator Satoshi Nakamoto, per a video posted to his YouTube channel late Wednesday.
Hoskinson said Bitcoin’s proposed defense against quantum computers is both technically mislabeled and structurally incapable of protecting the network’s oldest coins, including the roughly 1 million bitcoin attributed to Satoshi Nakamoto.
He argued that BIP-361, the proposal from developer Jameson Lopp and others to phase out quantum-vulnerable bitcoin addresses, is being presented as a soft fork but would functionally require a hard fork because it invalidates existing signature schemes that users are actively relying on.
“To actually do this, you need a hard fork,” Hoskinson said. The distinction matters because Bitcoin’s development culture has historically opposed hard forks, viewing them as violations of the network’s immutability. BIP-361 authors have described the proposal as a soft fork, a characterization Hoskinson called a lie.
A soft fork tightens the rules so old software still works but can’t use the new features. A hard fork changes the rules so fundamentally that old software stops working entirely and the network splits unless everyone upgrades.
BIP-361 suggests that users with frozen quantum-vulnerable funds could reclaim them by constructing a zero-knowledge proof tied to their BIP-39 seed phrase, a standard for generating wallet keys from a recoverable phrase.
Hoskinson argued this approach cannot rescue approximately 1.7 million bitcoin that predate BIP-39’s introduction in 2013, including the roughly 1 million coins associated with Satoshi’s early mining activity.
Those early coins were generated using a different key derivation method from the original Bitcoin wallet software, which relied on a local key pool rather than a deterministic seed.
There is no seed phrase to prove knowledge of, which means no zero-knowledge recovery scheme built on that assumption can return access to the holders.
“1.7 million coins can’t do that. It’s not possible. 1.1 million of which belong to Satoshi,” Hoskinson said.
If the proposal passes in its current form, those coins would remain permanently frozen regardless of whether their original owners ever attempt to migrate, because migration would require cryptographic proof they are unable to provide.
Jameson Lopp, the core developer who co-authored BIP-361, acknowledged in a post on X this week that he does not like the proposal and hopes it never needs to be adopted, describing it as “a rough idea for a contingency plan” rather than a finalized specification.
Lopp has argued that freezing dormant coins, which he estimates at 5.6 million bitcoin, would be preferable to allowing a future quantum attacker to recover and dump them on the market.
Hoskinson’s broader critique extends beyond the technical details. He argues that Bitcoin’s lack of formal on-chain governance leaves the network unable to resolve these tradeoffs through a structured process, forcing contentious upgrades to be negotiated through developer mailing lists and social pressure.
Comarch, one of Europe’s largest technology providers, and Sway Outcomes, a loyalty and customer engagement consultancy, have entered into a strategic partnership. The collaboration is designed to eliminate the common disconnect between a brand’s strategic needs and its technology execution.
By combining Comarch’s enterprise-grade loyalty management platform with Sway’s proprietary strategic methodology, the partnership offers brands a single, coordinated path from diagnosis to delivery. This approach aims to reduce the risk of underperforming programmes, wasted budgets, and unimpactful customer experiences.
A diagnostic approach to loyalty
A key element of this partnership is the integration of Sway’s Customer Engagement Accelerator. This structured diagnostic tool scores a brand’s customer engagement maturity across six critical dimensions, ranging from marketing foundations through to retention and re-engagement.
The tool provides brands with immediate clarity on:
Where their current loyalty programme stands.
Where the highest-impact opportunities lie.
What investment is needed to close the gaps before any platform commitment is made.
From diagnosis to delivery
Beyond the initial assessment, the integrated offering spans the full loyalty lifecycle. This includes business case development, financial modelling, competitive benchmarking, programme strategy, roadmap design, technology selection, and full-scale platform implementation.
This end-to-end service allows brands to move from initial assessment to a live programme with a single, coordinated team, actively removing the fragmentation that typically slows down corporate loyalty initiatives.
Industry leaders weigh in
Tom Peace, CEO and founder of Sway Outcomes
Tom Peace, CEO and Founder of Sway Outcomes, highlighted the importance of having a clear strategic direction before deploying technology.
“The biggest challenge in loyalty today isn’t just access to technology, it’s knowing where to point it,” Peace said. “Our Customer Engagement Accelerator gives brands that strategic clarity. Combining that diagnostic rigour with Comarch’s platform capabilities means we can take clients from ‘we think we need a loyalty programme’ to a fully scoped, commercially justified roadmap, faster than anyone else in the market.”
Ksenia Goncharova, partnerships director for loyalty at Comarch
Ksenia Goncharova, partnerships director for loyalty at Comarch, noted the value of incorporating Sway’s independent perspective into their offerings.
“We chose to partner with Sway because they bring something our clients consistently ask for: an independent, strategic perspective that makes the technology work harder,” Goncharova explained. “With Sway’s methodology embedded in our sales process, we’re not just offering a platform, we’re offering truly comprehensive loyalty solutions—from concept to execution – with a proof that the strategy behind it is right.”
Multi-market and multi-sector reach
The new partnership will operate across Comarch’s key loyalty markets, including the United Kingdom, continental Europe, North America, and the Middle East.
The initial rollout will focus heavily on sectors where customer engagement maturity varies widely and the commercial case for improvement is strongest. These key sectors include retail, food and beverage, travel, financial services, and telecommunications.
Citi analysts say holding both gold and bitcoin can improve portfolio performance compared with traditional bond-and-equity mixes. In a new report cited by CNBC, analyst Alex Saunders said a 5% allocation to gold enhances portfolio efficiency, while splitting that exposure between gold and bitcoin produces stronger results.
The analysis found the mixed allocation improves returns in bond bull markets and provides resilience during bear-steepening cycles tied to fiscal concerns and rising inflation risk.
Citi noted that bitcoin often performs better than gold when bond markets weaken, highlighting recent gains amid geopolitical and equity market stress. Over the past two months, bitcoin has risen 9%, while spot gold has declined 4%. Saunders said the tactical appeal of a combined allocation lies in balancing the relative popularity of gold with bitcoin’s growth characteristics.
Bitcoin price analysis
Bitcoin’s move above $75,000 reflects more than a technical breakout; it signals a shift in how markets are valuing the asset amid rising geopolitical tension. After rebounding from a February low near $60,000, bitcoin has climbed roughly 23%, holding firm even as traditional markets face pressure.
Traders now view the $75,000–$76,000 range as a critical resistance zone, with a breakout potentially opening a path toward $80,000, while failure could send price back toward the low-$70,000s or below.
Underneath the surface, derivatives data suggests a market positioned for a potential squeeze. Funding rates on perpetual futures have remained negative for over six weeks, indicating persistent bearish positioning despite rising prices. Historically, this combination of negative funding, rising open interest, and price stability has preceded upward breakouts, as short sellers are forced to cover.
At the same time, the narrative surrounding bitcoin is evolving. No longer seen purely as a “digital gold” hedge or a high-risk tech proxy, bitcoin is increasingly being priced as a geopolitical instrument. The Iran conflict has accelerated this shift, with bitcoin outperforming both equities and gold during the period. This divergence challenges long-held assumptions about its correlation to broader risk markets.
The most striking development is bitcoin’s emerging role in real-world settlement. Iran’s reported move to require bitcoin-based tolls for oil shipments through the Strait of Hormuz introduces a tangible use case for the asset in global trade. This transforms bitcoin from a speculative asset into a neutral settlement rail operating outside traditional financial infrastructure.
Taken together, these dynamics — technical pressure, bearish positioning, and geopolitical utility — suggest bitcoin is entering a new phase.
In the United States, victims of the $4 billion crypto Ponzi scam OneCoin are finally receiving compensation.
On April 13, the US Department of Justice said that $40 million in assets are available to anyone who purchased OneCoin between 2014 and 2019 and experienced a net loss.
This program marks a milestone for OneCoin victims, most of whom had no recourse to get back what they lost, until now. Victims in the UK attempted a class action suit in 2024, but it fell apart when litigation funding was terminated.
Few crypto schemes were as prominent as OneCoin, in terms of scale and the international intrigue that followed. Founders and associates have been imprisoned or killed, while the ringleader is still on the lam.
The Wild West of early crypto was often defined by schemes and eccentric characters, the effects of which, in the case of OneCoin, are still felt today.
OneCoin’s founding and legal troubles
In 2014, cryptocurrency was still a niche internet phenomenon. The Bitcoin white paper was only six years old, and general knowledge of cryptocurrencies and blockchain tech was limited. Still, interest in the new asset class was rising among retail investors.
From August to December 2014, Ruja Ignatova and Karl Sebastian Greenwood founded OneCoin. Initial promotions began in Europe, and soon entities popped up in Bulgaria, Dubai and Belize.
OneCoin’s structure was convoluted. Investors needed to buy packages of tokens that would allow them to “mine” OneCoin. There were several different price entry points for packages, with almost no upper limit. The most expensive, according to CoinMarketCap, was 225,000 euros.
“Trader packages” for OneCoin. Source: CoinMarketCap
Promoters, meanwhile, could earn commissions by bringing new investors into the program. This allowed the project to expand rapidly.
While marketed as a cryptocurrency, it was not decentralized. The coin itself was hosted on the centralized servers of OneCoin Ltd. The coins were not available for public trading and owners could only trade nominal amounts in a closed system.
The project seemed fairly suspect from the outset, but fear of missing out, as well as the massive audiences drawn by Ignatova at seemingly above-board conferences, were enough to convince many.
Throughout 2015, the project grew across the globe in Europe, Asia, Africa and Latin America. Repeating the familiar MLM playbook, promoters emphasized urgency, and the immediacy of an impending explosion in value and crypto adoption.
Regulators began to catch on by late 2015. Bulgaria’s Financial Supervision Commission issued a warning about OneCoin, after which the company ceased all operations in the country.
By 2016, several other national financial regulators also had OneCoin on their lists. By year’s end, Norway, Bulgaria, Finland, Sweden and Latvia were all investigating the project. The Hungarian central bank called it a pyramid scheme.
In December, Italian authorities defined OneCoin as an illegal pyramid scheme and demanded it cease activities in the country. China began investigating the project and even arrested some investors.
Regulation efforts ramped up again in 2017. Germany, Thailand, Belize and Vietnam all issued cease-and-desist orders or declared OneCoin illegal. In India, undercover police arrested 18 organizers of a OneCoin event that attempted to bring in new investors. Indian authorities went so far as to charge Ignatova herself in July.
By the year’s end, things had reached a breaking point. Investors were concerned about delays in a supposed exchange that would allow them to cash out their coins. This was supposedly going to be addressed at an October meeting of OneCoin organizers in Lisbon, Portugal.
But Ignatova didn’t show. According to a BBC investigation, she boarded a Ryanair flight from Sofia to Athens, Greece on Oct. 25, 2017. No one has seen her since.
Arrests, murders and Crypto Queen on the run
In early 2018, investigators moved in on the project. At the request of prosecutors in Germany, Bulgarian police raided the OneCoin offices in Sofia. The raid, which according to the Sofia Globe also included German police and Europol, seized servers and material evidence.
In July, co-founder Greenwood was arrested on charges of money laundering and fraud in Thailand, where he would await extradition back to the United States.
Ignatova’s own lawyer, Mark S. Scott, was convicted of conspiracy to commit money laundering and conspiracy to commit bank fraud due to his connections and activities at OneCoin. He would be disbarred a few years later.
OneCoin stayed in the headlines for the next couple of years as developments continued to unfold. In July 2020, two project promoters, Oscar Brito Ibarra and Ignacio Ibarra, were kidnapped and murdered in Mexico. Local media reported that local cartels, which were increasingly becoming interested in cryptocurrencies, could have been involved.
In 2020, entertainment media in Hollywood reported that Kate Winslet would star in a movie about OneCoin. To date, it hasn’t started production.
While Greenwood’s case proceeded in the United States, the Federal Bureau of Investigation put Ignatova on its Ten Most Wanted fugitives list in June 2023.
Source: FBI
In September, Greenwood was sentenced to 20 years in prison and ordered to pay $300 million in damages. He pleaded guilty to charges of fraud and money laundering. His sentence was a marked reduction from the initial 60 years sought by the prosecution.
In 2024, the DoJ arrested and charged William Morro for bank fraud in connection with OneCoin. Morro moved some $35 million in OneCoin funds between banks in China and Hong Kong, and $6 million between Hong Kong and the US. Morro surrendered himself to authorities and pleaded guilty to one count of conspiracy to commit bank fraud.
In the latest news, the DoJ announced on Monday that $40 million in assets are available to compensate investors who bought OneCoin between 2014 and 2019 and recorded a net loss.
By the time everything was said and done, some 3.5 million people had lost money to the crypto scheme. Authorities estimate that organizers ultimately made away with $4 billion in user funds.
Ignatova remains at large and on the Ten Most Wanted list. The FBI is offering a $5 million reward for info leading to her arrest and/or conviction.
Magazine: Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt
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Publicly traded Bitcoin (BTC) mining companies sold more BTC in Q1 2026 than in all four quarters of 2025, as business conditions tighten for the mining industry.
Publicly listed BTC miners, including MARA, CleanSpark, Riot, Cango, Core Scientific and Bitdeer, have collectively sold more than 32,000 BTC in Q1 2026, according to TheEnergyMag.
The Q1 sales surpassed the 20,000 BTC sold in Q2 2022 during the crypto bear market triggered by the collapse of the Terra-Luna ecosystem, setting a “new record” for BTC miner sales in a single quarter, TheMinerMag said.
The sales come as hashprice, that is, the computing cost and a critical metric for miner profitability, sits at record low levels under $35 per petahash/second per day (PH/s), according to data from Hashrate Index.
That $35 PH/s level is the breakeven for many Bitcoin miners, particularly those running older mining machines, and the current hashprice of about $33 PH/s per day places about 20% of the mining industry in unprofitable territory.
Hashprice for BTC miners has been declining since July 2025 and now sits at about $33 PH/s per day. Source: Hashrate Index
The heavy BTC sales come as the mining industry struggles with increased competition represented by a rising hashrate, the total computing power expended by miners to secure the network, reduced block rewards and macroeconomic headwinds.
Related: Bitcoin miners face a tougher road to the 2028 halving
BTC held by miners has been declining long-term while treasury companies pour in
The Bitcoin Miner Reserve, a metric tracking all the BTC held by miners, has been gradually decreasing since 2023, according to CryptoQuant.
Bitcoin miners collectively held over 1.86 million BTC at the end of 2023, but only hold about 1.8 million BTC at the time of publication.
The total number of BTC held by Bitcoin miners has been gradually declining since 2023. Source: CryptoQuant
Miners periodically sell portions of their BTC to cover operating expenses, but a combination of lower crypto prices and rising energy costs has forced some miners to offload coins they would have held in their corporate treasuries.
“We expect further capitulation among higher-cost operators in H1 2026 unless BTC’s price recovers materially,” asset manager CoinShares said in its Q1 2026 Bitcoin Mining Report.
Standing in sharp contrast to the miners’ selling are Bitcoin treasury companies, like Strategy, which has been a regular buyer of the biggest crypto.
Michael Saylor, the co-founder of the biggest Bitcoin treasury company, earlier this week signaled that Strategy is acquiring more BTC, as the price retreated from the local high of over $73,000 reached this week.
“Think bigger,” Saylor said on Sunday, while sharing the chart of Strategy’s BTC purchase history that has become synonymous with imminent BTC acquisitions.
Magazine: Bitcoin mining industry ‘going to be dead in 2 years’: Bit Digital CEO
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Charles Schwab, one of the largest US brokerage firms, will roll out spot cryptocurrency trading for retail clients in the coming weeks, starting with Bitcoin and Ether through a dedicated account linked to its brokerage platform.
According to Thursday’s announcement, the offering will allow clients to trade and view crypto alongside stocks and other assets across Schwab’s web, mobile and Thinkorswim platforms, with custody held by its banking unit and execution handled through a partnership with Paxos, a federally regulated trust company.
Schwab reported $12.22 trillion in total client assets as of February 2026, according to its latest filings, and operates as a brokerage providing trading, banking and wealth management services.
At launch, the service will support trading in the two biggest cryptocurrencies, Bitcoin (BTC) and Ether (ETH), at a fee of 75 basis points per transaction, with plans to add more cryptocurrencies and enable deposits and withdrawals over time.
At 75 bps, or 0.75%, Schwab’s fee places it above exchanges such as Kraken, where fees start around 0.25% to 0.40% and decline with volume, while broadly in line with Coinbase, where fees start at about 0.40% to 0.60% for lower-volume traders, according to information on those exchanges’ websites.
Clients will access the service through a separate crypto account, with assets held by Schwab’s banking subsidiary under a custodial model. The rollout will begin in phases over the coming weeks, initially limited to eligible US retail clients except residents of New York and Louisiana.
Schwab said the move expands its existing crypto offerings, which include exchange-traded products, futures and funds tied to digital assets. The company said its clients currently hold about 20% of spot crypto exchange-traded products, based on internal estimates.
Related: Binance adds spot trading guardrails to limit abnormal executions
Traditional financial firms expand crypto offerings
Traditional financial companies are expanding their crypto offerings across trading, exchange-traded funds (ETFs) and structured products.
On April 8, Morgan Stanley launched a spot Bitcoin ETF (MSBT) that recorded $30.6 million in inflows on its first day of NYSE Arca trading, marking its entry into the market for regulated crypto investment products. The fund website showed total net assets at $87.6 million as of April 15.
Also in April, Goldman Sachs filed with the US Securities and Exchange Commission to launch a Bitcoin-linked ETF designed to generate income through options strategies, offering indirect exposure to Bitcoin while aiming to limit volatility.
As traditional financial firms expand into crypto, crypto-native companies are moving in the opposite direction, pushing into traditional markets through tokenized equities.
In December, Coinbase introduced trading for equities and ETFs, while in February Kraken launched tokenized equity perpetual futures, offering leveraged exposure to US stocks, indexes and commodities.
Magazine: Forget stablecoin yield, how does the CLARITY Act treat DeFi?
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“If you had to bet on one payment trend for 2027, what would it be?”
The answers pointed to a future shaped by multiple forces — but with a few clear themes emerging.
One of the most frequently mentioned was stablecoins and crypto.
Despite cycles of hype and hesitation, digital assets continue to feature prominently in forward-looking conversations. For some, they represent the next evolution of payments — particularly in cross-border use cases where speed and efficiency remain key challenges.
Artificial intelligence was another consistent theme.
Attendees highlighted AI not just as a supporting technology, but as something that could fundamentally reshape the payments ecosystem. From automation to data interpretation, its potential impact is widely recognised. At the same time, there was a note of caution — particularly around compliance, governance, and ensuring that data is used and interpreted correctly.
Others focused on the continued rise of mobile wallets.
The idea of a single, centralised wallet — holding multiple payment methods, identity, and even loyalty perks — is gaining traction. As smartphones become the primary interface for financial interaction, wallets are increasingly seen as a key battleground for customer experience.
Cross-border payments also stood out as an area to watch.
As businesses and consumers operate more globally, the demand for faster, more efficient international transactions continues to grow. Improving this experience remains a major opportunity for the industry.
There were also more specific trends highlighted.
Payment authentication reflects the ongoing focus on security, particularly as fraud risks evolve. Meanwhile, newer wallet solutions — such as emerging regional players — suggest that innovation is happening at both global and local levels.
What emerges from these responses is not a single dominant trend, but a convergence of technologies and priorities.
AI, digital assets, wallets, and cross-border infrastructure are all moving forward at the same time. Each plays a role in shaping the future of payments — and their combined impact is likely to be greater than any one trend alone.
So what will define payments in 2027?
If the answers are anything to go by, the future won’t be driven by one idea — but by how these trends come together.
A new nonprofit initiative, the Bitcoin Scholars Fund (BSF), announced plans attempting to redirect $21 million from federal coffers into K–12 Bitcoin education by 2027. The organization unveiled its mission on X, promoting what it calls a “modern alternative” to government-backed education funding.
According to group statements, the fund will leverage the One Big Beautiful Bill Act beginning in 2027, allowing individuals to claim a 1:1 federal tax credit for donations up to $1,700 — or $3,400 for couples — toward Bitcoin-focused curricula. The organization says this structure effectively makes the contribution “net cost $0” for donors while channeling funds directly into classrooms.
In other words, a taxpayer with a standard 8,000 dollar federal bill could donate 1,700 dollars to the Bitcoin Scholars Fund, receive a full 1,700 dollar federal credit, and still remit 8,000 dollars total — effectively redirecting part of their liability from general revenues into Bitcoin education at no additional net cost.
The organization’s stated goal is to recruit 12,350 donors, described as the “Genesis 12,350,” to fully fund a $21 million pool dedicated to primary and secondary education in Texas.
Scholarships will support coursework in Bitcoin, Austrian economics, and “freedom tech” at partner schools that complete Base58’s “Bitcoin at Work(shop)” certification, which brings protocol-level, hands-on instruction into classrooms.
Bitcoin Scholars Fund: Powered by STRC
The fund’s model introduces what it describes as a “Zero-Leakage Treasury,” powered by STRC, to ensure minimal overhead and maximize the direct impact of funds on educational content and student resources.
“Using a STRC bridge, we generate our own operational fuel, allowing us to bypass the standard 10% fee and deliver near 100% efficiency for every dollar you redirect,” the Fund’s website reads.
BSF’s approach is presented as a response to widespread dissatisfaction with current fiscal and educational systems.
“The government’s education model doesn’t prepare the next generation for the world we’re building,” the organization wrote. “It’s time to opt out.”
Its founders are calling on supporters to begin contributing and spreading awareness ahead of the fund’s official launch on January 3, 2027—symbolically aligning with Bitcoin’s 18th anniversary.
“Our proof of work starts today,” the group stated. “Fund education, not wars.”