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While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever done anything close to that,” observed Eric Balchunas, Bloomberg’s senior ETF analyst, on […] Source: https://news.bitcoin.com/no-etf-has-ever-done-anything-close-analyst-highlights-record-gbtc-outflows-surpassing-all-etfs/

When news broke about the U.S. Federal Trade Commission’s decision to prohibit non-compete agreements, it brought back memories of my own experience leaving a blockchain startup to join another early-stage company. Upon my departure, my former employer sent a cease-and-desist letter alleging a breach of a non-compete clause in my employment contract. Despite the weak legal grounds of their claim,…

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The handheld AI assistant Rabbit R1 has landed in the hands of its earliest adopters, and its public reception carries an air of relief from fans of the nascent hardware category. The emerging category of AI-powered personal assistants has few entrants, most prominent among them the much-maligned Humane AI Pin, which was panned for its sluggish performance and lack of…

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Paystand (NASDAQ:PAYS) has made a strategic move by acquiring spend management software startup Teampay, aiming to establish a “no-fee B2B digital payment and spend powerhouse.” While the financial terms of the deal were not disclosed, Teampay has successfully raised $65 million since its inception in 2016. The merger brings together two entities servicing over 1 million businesses on a commercial…

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In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask functions as an “unlicensed broker-dealer.” Consensys Confronts SEC Following Receipt […] Source: https://news.bitcoin.com/eth-should-not-be-treated-as-a-security-consensys-sues-sec-over-ethereum-regulations/

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Leading asset manager Franklin Templeton will allow customers to exchange shares of its Nasdaq-listed OnChain U.S. Government Money Fund (FOBXX) with each other. In a Thursday…

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