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Farcaster to Repay $180M to Investors Amid Pivot to 'Developer-Focused Direction'

Farcaster has announced plans to repay $180 million to its investors as part of a strategic shift towards a more developer-focused direction. The decision comes after the company reassessed its business model and aims to enhance its platform for developers. This move is intended to foster innovation and attract more developers to the ecosystem. The repayment is expected to be executed in the coming months, reflecting Farcaster's commitment to its investors while realigning its goals.

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Binance Files for MiCA License in Greece Ahead of July 1 EU Deadline

Binance has submitted an application for a Markets in Crypto-Assets (MiCA) license in Greece, aiming to comply with the European Union's regulatory framework ahead of the July 1 deadline. This move is part of Binance's broader strategy to enhance its regulatory standing in Europe and ensure

Morning Minute: PwC Says Crypto Adoption Has Passed The Point of No Return

PwC's latest report indicates that cryptocurrency adoption has reached a critical threshold, suggesting it has passed the point of no return. The firm highlights that institutional interest and regulatory clarity are driving this trend, with more businesses integrating crypto into their operations. Additionally, the report notes that technological

Swiss banking giant UBS planning to offer crypto services to specific clients

Swiss banking giant UBS is set to offer cryptocurrency services to select clients, marking a significant move into the digital asset space. The initiative aims to cater to high-net-worth individuals and institutional clients seeking exposure to cryptocurrencies. UBS plans to provide tailored investment solutions and advisory services related to digital

CoinDesk 20 Performance Update: Polygon (POL) Drops 2.2%, Leading Index Lower

Polygon (POL) experienced a decline of 2.2%, contributing to a downward trend in the CoinDesk 20 index. The overall index saw a decrease, reflecting broader market challenges. Despite this dip, Polygon remains a significant player in the crypto space, known for its scalability solutions for Ethereum. Analysts suggest that

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Binance Files for MiCA License in Greece Ahead of July 1 EU Deadline

Morning Minute: PwC Says Crypto Adoption Has Passed The Point of No Return

Swiss banking giant UBS planning to offer crypto services to specific clients

CoinDesk 20 Performance Update: Polygon (POL) Drops 2.2%, Leading Index Lower