Crypto
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Startups can hedge bank risk with Bitcoin — Tim Draper
The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin. Source link
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Avalanche Core wallet gets Blockaid security integration
The security integration uses Blockaid’s threats database to screen for increasingly sophisticated phishing scams and exploits impacting Web3 users. Source link
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Robinhood to buy Bitstamp crypto exchange to enable institutional trading in US
Robinhood’s $200 million acquisition deal comes despite receiving a Wells notice from the SEC in May. Source link
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Meta faces backlash in EU for AI data usage without user consent
The complaints claimed that Meta’s recent privacy policy changes would allow the company to utilize years of personal posts, private images, and online tracking data for its AI technology. Source link
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New law grants US president power to block digital asset access
A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users. Source link
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Bitcoin bull run’s ‘most important chart’ hits new $94T all-time high
BTC price discovery is all but a given now that global liquidity is breaking into undiscovered territory, Bitcoin analysis suggests. Source link
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Nigeria defends Binance exec prosecution amid US lawmakers’ criticism
The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law. Source link
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Bitcoin ETFs notch nearly $500M inflows despite nobody searching for it
U.S. Bitcoin ETFs saw inflows of over $488 million, but Google Trends data shows Bitcoin and crypto-related searches are far down from 2021 highs. Source link
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Most celeb tokens are down 66%+ since Jenner’s bizarre crypto debut
The Iggy Azalea-launched “MOTHER” is the only token launched by celebrities last week still hitting new all-time highs. It has now amassed a market cap of $130 million. Source link
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McDonald’s metaverse debuts in Singapore
McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards. Source link
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