from the whatever-happened-to-liberte? dept Even as the wider EU was grinding through a long, drawn-out process to figure out which regulatory levers to pull on kids’ safety online, France decided to YOLO it earlier this summer by jumping at the chance to ban all social media for kids under 15. This kind of thing has become popular with out of touch adults in the grips of an ongoing moral panic, since Australia led the way after gambling companies pushed the ban as an alternative to banning gambling ads. Australia’s ban isn’t doing very well, with the majority of kids figuring…

In 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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