💸 Thumzup Media is going to create a cryptocurrency reserve | NewsBlockCrypto on Binance Square

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💸 Thumzup Media is going to create a cryptocurrency reserve of $250,000,000 from #BTC, #ETH, #SOL, #XRP, #DOGE, #LTC and #USDC.
Donald Trump Jr. owns a significant part of the shares of Thumzup Media.

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🎁 Top new airdrop campaigns from emerging #Web3 protocols spanning #DeFi, #AI, L1s, and infrastructure Many of these initiatives reward participation with points, waitlist access, or retroactive incentives

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❗️ #SOL Jo McCann wants to create an analogue of Michael Sailor’s «Strategy», but for Solana tokens! Joe McCann, founder of the Asymmetric Foundation, announced the creation of Accelerate, signed a non-binding letter of merger with SPAC Gores X Holding and announced a plan in which he intends to raise $1,510,000,000 to purchase SOL tokens. After commissions, there will be about $1.36B - almost everything will go to the purchase of ≈ 7,320,000 SOL, which can make Accelerate the largest public token holder (actually «Strategy for Solana»). The closing of the investment round and the listing of Accelerate are expected in the 2nd half of 2025, the specific timing depends on the market and the approval of the SEC. The Asymmetric liquid fund closed after a drawdown of ~-78% YTD, so some investors are skeptical about the new idea.

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🏦🤔 #BTC BlackRock says de-dollarization causes central banks to shift to other currencies and alternative assets such as gold, with consideration for Bitcoin.

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🇺🇸 Donald Trump announced the beginning of deregulation in the field of AI technologies! U.S. White House release Briefly about the main thing: ➟ Only «unbiased» AI for public procurement. They will buy only LLM without ideological filtering; NIST will remove DEI standards, climate and «misinformation». ➟ Bet on open-source. The plan encourages open-weight models and promises quick access to GPU to young companies. ➟ Less regulation - more money. Agencies are ordered to remove federal and state barriers; regions with strict AI control risk losing grants. ➟ We build «iron» faster. The states will speed up the issuance of permits for the construction of data centers and chip factories. ➟ Chips - to friends (not China). GPU export control is being tightened; allies are offered a full AI «stack». The «AI Diffusion Rule» has been canceled. ➟ What is already in effect? Biden’s restrictions have been lifted (EO 14110, AI Diffusion Rule).

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🎉 From September 30, FTX will continue to return blocked funds to affected investors and traders! - prnewswire August 15 is the deadline by which your application must be approved to fall under the next wave of refunds. Where does the money come from: «thanks to the court decision, it was possible to unlock another $1.9B»

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