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Joined August 2023
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🔸 a16z and Plasma Foundation’s X accounts were compromised in separate phishing attacks, highlighting persistent social engineering risks. 🔸 U.S. Congress is advancing the GENIUS Act and Clarity Act, aiming to establish clearer digital asset regulation.
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🔸 Florida AG opened an investigation into Robinhood Crypto $HOOD over alleged deceptive pricing claims. ...and that's the update for today. 🏁
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💰 VC Brief 🎯 xAI targets $200B raise; JPMorgan to charge fintechs for data; Bitcoin hits $118K on ETF inflows. dailymarketrecap.com/archive… Read more: 🧵
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🔸 FDA rejected Capricor’s Duchenne cell therapy, citing insufficient efficacy and manufacturing issues; signals greater scrutiny for cell/gene therapies.
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🔸 Bitcoin $BTCUSD hit new highs above $118,000 on near-record ETF inflows; ether $ETHUSD also rallied, with combined daily ETF inflows over $1.5B. 🔸 Coinbase $COIN hired pseudonymous influencer AlexOnchain as its first Crypto Twitter lead to deepen community engagement. ...and that's the update for today. 🏁
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