Bitdeer Acquires ASIC Developer for $140 Million
Bitdeer Technologies (@bitdeer_official) acquires ASIC developer Desiweminer for $140M in stock. This boosts Bitdeer’s product lineup and accelerates ASIC development. #Crypto #Blockchain
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Visa and Mastercard Rejoin Binance Partnership
Visa and Mastercard have resumed partnerships with @Binance, allowing users to deposit and buy crypto. The move includes SEPA services for European users. #Crypto #FinanceNews
Fleek Joins Forces with Polygon Labs for Collaboration
Fleek partners with @0xPolygon to launch on-chain cloud services via Polygon CDK, debuting a testnet with 37ms TTFB, outpacing AWS and Vercel. #Web3 #Blockchain #Updates
Robinhood Acquires Bitstamp for $200 Million
Robinhood plans to buy global crypto exchange Bitstamp for $200M, aiming to close by mid-2025. This strategic move will expand Robinhood’s crypto market reach and attract institutional investors. #Crypto #Updates
US Investigates AI Monopoly Risks, Potential Impacts
US Antitrust Authority probes AI sector to prevent monopolies. Concerns include GPU shortages and control over data. $39B subsidy aims to boost GPU production. #AI #TechNews
Nvidia Surpasses Apple in Market Value
Nvidia ($NVDA) surpasses Apple ($AAPL) in market value, reaching $3.011T. A 5% stock surge and rising AI chip demand fueled this historic milestone. #TechNews #AI
MoonPay Workforce Reduction: 10% Layoff Announced
MoonPay (@moonpay) lays off 10% of workforce, affecting 30 employees, to cut costs and boost efficiency. Despite this, partnerships with @BinanceUS and @MasterCard continue. #CryptoNews #Updates
Kiyosaki Predicts Bitcoin at $350K by 2024
Robert Kiyosaki predicts Bitcoin will hit $350,000 by August 2024. He also advises investing in $SOL and $ETH to diversify and mitigate risks. #Crypto #Investing
Paxos Introduces High-Yield USDL Stablecoin
Paxos International launches Lift Dollar (USDL) in Argentina, offering a 5% risk-free yield backed by US dollar deposits and Treasury bonds. Available on Ripio, Buenbit, and TiendaCrypto. #Stablecoin #Finance
Chinese Student Jailed for Cryptocurrency Fraud
Chinese student Yang Qichao sentenced to 4.5 years for $50K crypto fraud involving Blockchain Future Force token on BNB Chain. Fined 30,000 yuan. Highlights need for stricter regulations. #CryptoNews #Blockchain
Chinese Student Jailed for Cryptocurrency Fraud
Chinese student Yang Qichao sentenced to 4.5 years for $300K cryptocurrency fraud involving BFF token on BNB Chain. His conviction highlights the urgent need for stricter crypto regulations. #CryptoNews #BNB
Bain Capital Secures $35M for M^0 Protocol Expansion
? Bain Capital leads $35M Series A for M^Zero to develop decentralized infrastructure for stablecoin minting backed by U.S. Treasury bonds. Market cap projected to hit $1T. #Crypto #DeFi
MEV Bot Spends $810K in Fees in One Day
MEV bot jaredfromsubway.eth paid $810K in gas fees on June 5-6, 2024, accounting for 1.61% of all Ethereum network fees during this period. #Crypto #Ethereum #Updates
Crypto Exchanges Still Liable Despite Disclosure
SEC Chair Gary Gensler warns crypto exchanges: Disclosing risks won’t shield you from legal action. Non-compliance and market manipulation will face strict enforcement. #CryptoRegulation #SEC