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Circle's S-1 shows that it is a fintech and that, as of December 31, 2024, ~85% of USDC reserves were in a BlackRock-managed money market fund only for Circle (Matt Levine/Bloomberg) 03-04-2025

Matt Levine / Bloomberg: Circle’s S-1 shows that it is a fintech and that, as of December 31, 2024, ~85% of USDC reserves were in a BlackRock-managed money market fund only for Circle  —  Circle, slangy wealth management chatbots, private credit runs, SEC climate rules and OCC desk space. Lees verder op Tech Meme

President Trump's tariffs are set to disrupt the Bitcoin mining sector, as many of the largest miners are based in the US and the supply chain is rooted in Asia (Ryan Weeks/Bloomberg) 03-04-2025

Ryan Weeks / Bloomberg: President Trump’s tariffs are set to disrupt the Bitcoin mining sector, as many of the largest miners are based in the US and the supply chain is rooted in Asia  —  Lauren Lin is in a hurry.  She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US … Lees verder op Tech Meme

Sources: Ireland's DPC will fine TikTok €500M+ before the end of April for illegally shipping European users' data to China, after a lengthy GDPR investigation (Samuel Stolton/Bloomberg) 03-04-2025

Samuel Stolton / Bloomberg: Sources: Ireland’s DPC will fine TikTok €500M+ before the end of April for illegally shipping European users’ data to China, after a lengthy GDPR investigation  —  The penalty is likely to be the third highest ever dished out by the Irish watchdog following earlier fines of €746 million … Lees verder op Tech Meme