Midday News Update #Web3
❌ Synthetix cancels $27M acquisition deal with Derive — plans shelved.
📉 Abraxas Capital suffers $25M unrealized loss shorting $BTC, $ETH & $SOL with 10x leverage on Hyperliquid.
🍕 Papa John’s rolls out special Papa Rewards for Bitcoin Pizza Day celebration.
🕵️♂️ Movement’s Thapaliya leaks airdrop secrets — blames co-founder Cooper for behind-the-scenes issues.
🇺🇸 U.S. House GOP to vote on Trump’s sweeping tax cut bill before Thursday morning (local time).
