A Bitcoin (BTC) mining firm backed by disgraced FTX founder Sam Bankman-Fried is reportedly considering an initial public offering (IPO) in the US. According to a new report by Bloomberg, anonymous sources familiar with the matter say that Genesis Digital Assets, which is backed by Alameda Research, is currently working with advisors on the potential listing.

Alameda-Backed Mining Firm Genesis Digital Assets Considering IPO in US: Report

At the Point Zero Forum, Chainlink has announced a collaboration with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain. In this landmark production use case for tokenized assets, the collaboration provides transparency and accessibility around key asset data for Sygnum’s recently issued onchain representation of Fidelity International’s $6.9 billion Institutional Liquidity Fund. Sygnum, a global digital asset banking group, tokenized $50 million of Matter Labs’ company treasury reserves. The reserves are held in Fidelity International’s money market fund and were issued on the ZKsync blockchain, a member of the Chainlink SCALE program.

Fidelity International and Sygnum Partner With Chainlink To Provide Fund NAV Data Onchain

TheStreet

The Nasdaq Composite index has climbed 19% so far this year.

Cathie Wood sells $4.3 million of Nvidia stock

The trio’s alliance underscores the growing adoption of tokenization by traditional financial institutions. Chain Link has forged a partnership with Fidelity International and Sygnum. The trio’s alliance will enhance data accessibility and transparency. Tokenization is gaining traction among traditional financial giants. Over the past year, traditional financial institutions...

How Chainlink Powers TradFi Tokenization with Fidelity, Sygnum

The U.S. government's loyalty to Palantir speaks loudly to its software's value. At the same time, Palantir could grow for decades on steady commercial expansion. A uniquely flexible product points to Palantir becoming an eventual mega-cap stock. Palantir's potential epitomizes what long-term investing is all about. This has been a...

1 Brilliant Artificial Intelligence (AI) Stock up 48% in 2024 to Buy Now and Hold for Decades

Illinois State

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Chicago, IL

Chicago Happenings

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

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Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope for Friday, July 5th

Total Apex Sports & Entertainment

The number of relationships and marriages ending because of disloyalty are on the rise. Loyalty plays a key role in strengthening partners’ bond. Yet, some zodiac signs are more loyal than others. They remain committed and faithful to their partners throughout. Loyalty and honesty increases a person’s trust for you.

3 Zodiac Signs Who Are The Most Loyal

Business Insider

These are today's mortgage and refinance rates. The latest inflation data suggests that we could get a Fed cut soon, which is good news for mortgage rates.

Mortgage Interest Rate Today, June 30, 2024 | Rates Should Trend Down Further This Year

Missouri State

CJ Coombs

According to Shakey's website, this pizza parlor is only in California, North Carolina, and Washington state in the U.S. now. This was my family's go-to pizza joint when my father was stationed with the Air Force outside of Omaha, Nebraska. We liked it so much, that when we were transferred again, it was hopeful we'd find another one.

Shakey's Pizza Parlor and nostalgia: the first franchised pizza restaurant also landed in Missouri

Joplin, MO

The location of the Undercliff Grill & Bar has some interesting history. It's a family-owned venue located at 6385 Old Highway 71 in Tipton Ford, Missouri according to its website. This restaurant might be a hidden gem if you're looking for an interesting dining experience under a cliff.

Yes, that's a cliff: the Undercliff Grill & Bar in Joplin, Missouri

California State

Defunct crypto-friendly Silvergate Bank failed to monitor more than $1 trillion in customer transactions between 2021 and 2023, while misleading investors about the efficacy of its anti-money laundering controls, the Securities and Exchange Commission said in a lawsuit Monday. The bank also misled investors on how the collapse of FTX,...

Silvergate pays $63M to settle with SEC, Fed, California regulator

Josue Torres

Governor Gavin Newsom has announced a collaborative effort with the state legislature to restrict students’ use of smartphones during school hours. This initiative follows a warning issued on Monday from Surgeon General Dr. Vivek Murthy about the detrimental effects of social media on children’s mental health.

California governor moves to ban smartphone use in schools

The US. Treasury Department issues a crypto tax regime and the SEC sus consensus over its metamask service. You're watching Coin Desk daily, I'm your host, Jen Sani. The US Treasury Department has issued its long awaited tax regime for Cryptocurrency transactions. The rule released on Friday will go into effect starting in 2025. The internal revenue service will require crypto brokers to file 1099 forms like their traditional investment firm cousins, but it set aside related rules for defi and unted wallets as it continues to study 44,000 comments that were sent to the agency. The IRS won't call for reporting on most routine stablecoin sales and is putting a $600 annual threshold on NFT proceeds before they need to be reported. The US SEC sued consensus on Friday over its meta mask service alleging that meta mask acted as an unregistered securities broker and that its digging service violated securities laws. The suit also targeted Ethereum staking service, Lido and Rocket Pool. The third party platforms. Meta mask uses to power its staking feature. Consensus previously sued the SEC is seeking a court order declaring Ether to not be a security and to end the S ECs investigation into the firm, and Sony is planning to restart the crypto exchange Whale Fin, which it bought from Crypto Lender Amber Group last year. Whin put out a notice that its parent company Amber Japan was rebranding and added that the company was bought by a unit of Sony in August 2023. The financial terms of the deal were not disclosed but the firm said it release on the pr times that Sony plans to restart the crypto exchange soon with a new app. Sony has dabbled in web three through investments and partnerships. The latest deal will mark the tech firms proper foray into crypto. That's it for coin desk daily. Get more updates on coindesk.com and we'll see you next time.

U.S. Treasury Issues Crypto Tax Regime for 2025; SEC Sues Consensys Over MetaMask Service

Georgia State

DeanLand

Georgia's population grew beyond the 11 million mark in 2023, reaching 11,029,227 residents according to new data from the U.S. Census Bureau. With a robust population increase of 2.9% from 2020 to 2023, 315,456 new residents arrived in the state. Georgia was the 10th fastest-growing state in the US by percentage during the reporting period.

Georgia's Population Surges Past 11 Million, Fueled by Migration

Denver, CO

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David Heitz

A pair of migrant families with children living in a homeless encampment in Denver are trying to raise money to buy two trailers with working bathrooms and kitchens, according to Housekeys Action Network Denver, or HAND.

Denver homeless migrant families with children want to buy trailers

Assembly Bill 230, set to come into effect in California on July 1, 2024, builds on existing legislation that mandates free menstrual products in public school bathrooms for grades 6 through 12. This new bill extends the requirement to include grades 3 through 5.

New California law mandates schools to provide menstrual products, including in boys' restrooms

New York City, NY

The e-Texan

New York – As Trump anticipates his sentencing on July 11th in the New York hush money case, Florida Judge Aileen Cannon made a ruling this Monday. Despite rejecting Trump’s legal team's request to dismiss several charges in the classified documents case, she conceded on a minor point. She removed a portion of the charges that referenced an uncharged allegation, but upheld the other charges.

Legal expert says Trump should not be jailed after New York guilty verdict because he is ‘too old’

Kansas City, MO

Independence, MO

Some people confuse the Bob’s Big Boy franchise with the Big Boy Burgers location in Independence, Missouri. The Big Boy Burgers in Independence, Missouri is at 12401 East US Highway 40 and it's been there for over half a century. You might think this restaurant is affiliated with Bob's Big Boy franchise, but it is not. It just has a similar name.

Retro burger joints: Big Boy Burgers and Paul's Drive-in in the Kansas City area

Burlington County, NJ

Morristown Minute

Pablo Estrada, 27, laundered proceeds from a mail fraud scheme, including lottery scams. Florence, NJ – Pablo Estrada, 27, of Burlington County, was sentenced to 33 months in prison for his role in laundering over $4 million obtained from various scams. U.S. Attorney Philip R. Sellinger announced the sentencing today.

Burlington Man's $4M Money Laundering Scheme: 33-Month Sentence

NewsBreak

Robinhood Taps Into AI with Acquisition of Pluto Capital

Artificial intelligence has graced us with a booming, tech-heavy stock market and the Pope in a puffer jacket, but it still remains dicey territory when it...

Robinhood Taps Into AI with Acquisition of Pluto Capital

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