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Fortune reports that the founder of VC Shima Capital is allegedly involved in the misappropriation of fund assets.
https://fortune.com/crypto/2024/06/06/shima-capital-vc-ackman-galaxy-yida-gao/
@BestIco
He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman and Galaxy to back his $200 million crypto fund by his early 30s. His future is now in jeopardy
How Shima Capital’s fast-and-loose approach to compliance alienated its backers and could run afoul of the SEC.
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Legendary wrestler Hulk Hogan is alleged to have promoted HULK, a Solana memecoin, online and then deleted the posts.
The move appeared to cause the token price has decreased by ~85%.
https://www.theblock.co/post/299006/hulk-hogan-solana-memecoin-appears-to-lose-15-million-in-value-after-wrestler-allegedly-deletes-posts-promoting-token
@BestIco
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Stake For Governance is now live for W token holders
This is an opportunity to participate in the governance and impact the future direction of the Wormhole DAO and platform.
The W price has increased by 13% in 24 hours.
https://x.com/wormhole/status/1798717029631115272
@BestIco
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Arthur Hayes has introduced a new article "Group of Fools"
https://cryptohayes.substack.com/p/group-of-fools
@BestIco
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Medical device maker Semler Scientific buys $17 million more bitcoin and is raising $150M to purchase more
The firm currently holds 828 bitcoin ($59M) and plans to expand its crypto treasury.
https://www.coindesk.com/markets/2024/06/06/medical-device-maker-semler-scientific-buys-17-million-more-bitcoin-and-is-raising-money-to-purchase-more/
@BestIco
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ProShares proposes listing and trading of spot Ethereum ETF shares under NYSE
https://x.com/cryptomacro14/status/1798839601299444012
@BestIco
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Kraken is considering raising a final funding round ahead of a possible initial public offering, according to people familiar with the matter.
The exchange would likely seek to raise more than $100 million, one of the people said.
https://www.bloomberg.com/news/articles/2024-06-06/crypto-exchange-kraken-said-to-be-in-talks-for-pre-ipo-fund-raising-round
@BestIco
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zkSync has started a planned migration process from the old bridge to the new one.
Funds are safe
https://x.com/zkSyncDevs/status/1798753202269037024
@BestIco
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Telegram launches digital mini-app payment system Telegram Stars
Telegram Stars allows users to pay for digital services on Telegram via in-app purchases on iOS and Android.
App developers can swap their stars for TON by using the exchange Fragment.
https://www.theblock.co/post/298954/telegram-launches-digital-mini-app-payment-system-telegram-stars
https://t.me/durov/280
@BestIco
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The crypto market is neutral
BTC Dominance - 52.71%
Market Cap - $2.66T
BTC - $71,163.99 (+0.25%)
ETH - $3,813.21 (-1.19%)
BNB - $705.4 (+1.06%)
TAIKO - $2.81 (+2.17%)
ARB - $1.08 (-2.53%)
STRK - $1.31 (-0.28%)
W - $0.708 (+13.44%)
https://dropstab.com
@BestIco