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View More NewsIn brief Nasdaq-listed Zhibao Technology closed a $154.7 million PIPE financing paid for with 2,380 Bitcoin contributed straight to a company wallet. Director Botao Ma called the deal one of the most transformational moments in the firm’s decade-long history. The all-crypto funding structure sets Zhibao apart from the usual cash-raise-then-buy treasury model; it joins a crowded field—including Metaplanet’s U.S. treasury push and Strategy—even as cracks in DATs show. Zhibao Technology, a Nasdaq-listed Chinese insurance-technology company, has stepped into the corporate Bitcoin treasury arena, closing a $154.7 million private placement funded entirely in cryptocurrency.The Shanghai-based firm said Monday that a syndicate…
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No true culture warrior worth his salt admits to reading The New York Times. Very Online conservatives refuse to read it because they think it hates Jews. Very Online progressives refuse to read it because they think it hates trans people. So intense is their loathing, it seems, that some of these hashtaggers cannot even tolerate the company of those who do read the Times. This includes one @claireyfaerie, who recently told Bluesky followers: “My parents have a [New York Times] subscription. Whenever I go to visit them and see the paper sitting on their coffee table, I remember the…
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A federal appeals court just made it harder for online services, big and small, to get lawsuits over user speech dismissed early. In California…
Vlad Tenev says tokenized stocks could bring real-time settlement and 24/7 trading, but U.S. rules remain a hurdle. Read the full article here
Cypherpunk Technologies is expanding its footprint in the Zcash ecosystem, launching what it says is the world’s largest Zcash mining operation after acquiring a…
In brief Pennsylvania Gov. Josh Shapiro signed an executive order imposing new requirements on large data centers. Data centers will lose access to the…
In brief Hyperliquid’s HYPE token is up 5% over the past 24 hours and 69% over the past year, outperforming the broader crypto market.…
from the oops dept In the online world, we certainly have seen some companies make very poor decisions when it comes to dealing with…
XRP gave back gains after a high-volume selloff erased the latest breakout attempt, though buyers stepped back in near support around $1.38. Read the…
The Protect Progress, a political action committee (PAC) affiliated with the cryptocurrency company-backed Fairshake PAC, has spent more than $4 million attempting to help…
In brief BitMine Immersion Technologies added more than 71,000 ETH last week as ETH slid by 9%. Shares in the firm (BMNR) are down…
With gasoline averaging about $4.50 per gallon—over six bucks if you’re unlucky enough to live in California—President Donald Trump proposes a gas tax holiday…
The Ethereum co-founder argued that AI-assisted “formal verification” could become one of the most important tools for cybersecurity in a new blog post. Read…
Digital infrastructure company Soluna Holdings reported strong first-quarter revenue growth as expanding data center operations helped offset weaker returns from cryptocurrency mining.Revenue rose 58%…