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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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Why a crypto exchange might want to buy Robinhood

Why would a crypto exchange be even interested in buying Robinhood? Let's talk about it.

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FTX says no active talks to buy Robinhood

SBF praises Robinhood, hints at possible partnerships

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Solana launches web3-focused smartphone Saga to improve crypto-mobile relationship

The co-founder and CEO of Solana, Anatoly Yakovenko, had a Steve Jobs moment when he stood in front of an auditorium in New York City and announced the launch of Saga, an Android web3-focused smartphone. “This is something that I fundamentally believe the industry needs to do,” Yakovenko said. “We …

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Are crypto trading fees heading to zero?

The market is still working out what to charge to buy and sell digital assets today. The trend, however, is clear.

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Bybit crypto exchange joins the the list of companies cutting staff

Singapore-based crypto exchange Bybit has joined a long list of companies that have laid off some of their employees. As the cryptocurrency market is facing tremulous times, firms are finding new ways to cut costs and stay afloat. Crypto journalist James Wu first noted the news about Bybit’s …

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Binance.US CEO tells employees the company is “growing faster than ever”

The crypto exchange has $250 million in the bank and plans to double headcount on its product and tech team, CEO Brian Shroder said

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Gemini lays off 10% of workforce as the ‘crypto revolution’ enters its ‘contraction phase’

Despite the layoffs, Gemini co-founders Cameron and Tyler Winklevoss noted the market volatility in crypto was somewhat expected

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Faster ML models, crypto M&A, and what’s ahead for on-demand pricing

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It’s Monday, which means that Alex and Grace were back as a team to cover the biggest, boldest and baddest technology news. We are once again back with your weekl…

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Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

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Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

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