Gemini Bans Hiring MIT Graduates Until Gary Gensler Cuts Ties with the University
TL;DR Gemini, led by the Winklevoss twins, announced a boycott of MIT graduates due to the university’s association with former SEC chair Gary Gensler. The...
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YZi Labs Invests $16 Million in Sign to Revolutionize Token Distribution
TL;DR YZi Labs, formerly Binance Labs, invests $16 million in Sign, a platform for token distribution and blockchain-based verification. Sign reported revenue growth from $1.7...
South Dakota Proposes a “Strategic Bitcoin Fund” for State Reserves
TL;DR A new bill seeks to include Bitcoin in state reserves, positioning South Dakota as a leader in financial innovation. The measure aims to protect...
Arizona Pushes for Legislation to Create the First State Bitcoin Reserve
TL;DR Arizona is advancing a legislative proposal to allow public funds and pensions to invest up to 10% in Bitcoin. The project could lead to...
Analog Raises $5 Million, Reaching $21 Million in Total Funding to Boost Web3 Growth
TL;DR Analog secures $5 million in a new funding round led by top investors like Tribe Capital and Wintermute. The project has raised a total...
Jupiter Exchange Bets Big on Viral Cryptocurrencies with the Acquisition of MoonshotÂ
TL;DR Jupiter Exchange acquires a majority stake in Moonshot, a popular app for meme coin trading. Technological integration will enhance Moonshot’s security and accessibility, facilitating...
Ethereum Aims to Unify Its Ecosystem: Based and Native Rollups Lead the Way
TL;DR Leaders of Ethereum layer 2 networks are embracing based and native rollups to enhance the network’s security and decentralization. The transition may reduce revenue...
Semler Scientific Bets on Bitcoin: Seeks to Raise $75M for New Purchases
TL;DR Semler plans to issue $75 million in convertible notes to fund additional Bitcoin purchases and other corporate activities. The value of its current 2,321...
Vitalik Buterin Warns About the Dangers of Political and Meme Cryptocurrencies
TL;DR Buterin criticizes the destructive impact of coins like TRUMP, which enable scams and political corruption. He highlights a regulatory loophole created by former SEC...
US Revokes Sanctions Against Tornado Cash: A Milestone for Privacy Technologies in CryptoÂ
TL;DR A Texas court overturns Treasury Department sanctions against Tornado Cash, paving the way for more favorable regulations for privacy technologies. The initial sanctions accused...