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Japan Allows Fundraising Through Cryptocurrencies
In an innovative update to its regulatory framework, Japan has made a significant move to modernize startup financing. The nation's government has decided to allow businesses to attract investors using their own cryptocurrencies, breaking from the traditional reliance solely on shares. Friend.tech Project Overview: Challenges and Prospects Analyzed
Friend.tech stands as a distinctive cryptocurrency venture built on the Base blockchain. It empowers users to invest in shares of influencers and celebrities, granting exclusive communication access to these notable figures. Moreover, there's an exciting opportunity for potential profits as these shares gain value over time.
"Soho House, an elite club where memberships are priced between $2450 and $4800. What I did was create an AI model of a woman (based on ChatGPT), a marketing expert, who would invite young and affluent men for business meetups."
Success came without delay:
"The AI's efforts resulted in approximately 30,000 men accepting the invitation, bringing in about $90 million, as all of them had to secure a membership."
But that's not the end of Jack's endeavor; he aimed for personal gain:
"The main thing is, I managed all of this within a week, precisely when the company was to disclose its 2023 second-quarter gains, and in doing so, I bought options valued at $50,000."
In the end, Soho House's shares rose nearly 20%, and Jack's earnings were substantial.
She now believes that the SEC may approve multiple spot-Bitcoin ETFs simultaneously, instead of approving them one by one.
This comes after her earlier expectation that her firm would be among the first to receive approval for a Bitcoin ETF.
Bloomberg ETF analyst James Seyffart also shares the same opinion, stating that the path of least resistance for regulators is to approve multiple spot bitcoin ETFs at once or possibly all of them together. WSM: The Meme Token of the Wall Street Memes Project
After the remarkable success of the PEPE meme token, which saw a staggering 7000% increase from its original price, a new contender has entered the arena - WSM. This token hails from the Wall Street Memes project, a venture that curates and shares trading and finance-related memes across social media platforms. Shares of another American bank collapsed
Despite Fed Chairman Jerome Powell's assurances on the stability of the banking system, PacWest Bancorp's stock has plummeted 58% in late trading. PacWest, struggling in the wake of three competing California-based lenders' collapse, is now considering a range of strategic options, such as a potential sale, breakup, or capital raise. INX Launches Public Company Security Token
INX, a renowned digital assets trading platform, has made a significant move in the crypto industry by launching its first-ever public securities token. This new token represents shares of Greenbriar Capital, a company known for developing entry-level housing and green energy products.
Social app friend.tech has recorded protocol fees amounting to more than $1.42 million within the past 24 hours, positioning it among the top three crypto projects in terms of user-paid fees. It now stands as the third-highest project for user-paid fees, following Ethereum and Lido Finance, according to data from DeFiLlama. Built on Coinbase’s Base Layer 2 chain, friend.tech is a social app that integrates with X (Twitter). It allows users to trade tokenized shares linked to each other’s profiles. Shareholders enjoy exclusive content access and private chat rooms in X.
Football club Barcelona, an official partner of the cryptocurrency exchange WhiteBit, has divested some of its shares in Bridgeburg Invest.The aim? Raise funds for a new Web3 endeavor named Barca Vision.
This project is designed to become a hub for all club-related digital wonders, be it NFTs or metaverse explorations. Bitcoin Gets a Boost Amid First Republic Bank's Bankruptcy
The crisis plaguing American regional banks intensifies. First Republic Bank (FRB) bankruptcy has become the second-largest in U.S. history, after the collapse of Washington Mutual Inc. in 2008. As of the end of April, FRB's shares plummeted by 73%. KuCoin (KCS): a utility token of the KuCoin ecosystem
KCS (KuCoin Token, previously known as KuCoin Shares) is the utility token that belongs to cryptocurrency exchange KuCoin and serves as the native token for the KuCoin Community Chain blockchain project. KCS was initially launched in 2017 on the Ethereum network as an ERC-20 standard token, and in 2021, it was reissued on the KCC chain. 







