undertaken

@undertaken

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Fed chair Powell says no one's super confident about rate path predictions. Any forecast could be justified with solid reasoning. It's all pretty uncertain right now.

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Today's Download covers tech news. AI can improve city life by using data smarter. Cities collect tons of info, but officials often struggle to use it effectively. Tech could help turn data into real solutions.

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Cathie Wood’s ARK sold $52M worth of Circle shares. Circle is a major holding in three ARK funds. It makes up as much as 6.7% of their portfolios. This was their first sale of Circle stock.

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Robinhood's buying WonderFi for CA$250M to expand in Canada's crypto market. WonderFi runs Bitbuy and Coinsquare, holding over CA$2.1B in assets. Shareholders get CA$0.36 per share in the all-cash deal.

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Stablecoins might be safer than bank deposits, says Haun Ventures' Diogo Monica. But critics point out risks, like Tether's lack of transparency. Debate continues on their real safety.

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The CLARITY Act passed the House Ag Committee with 47 yes votes and 6 no votes. After nearly 3 hours of debate, it’s now moving to the Financial Services Committee for review. Next steps are underway.

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Glider won the Start in Block contest at Paris Blockchain Week. Judged by Auros, it's a non-custodial crypto management platform. Co-founder Brian Huang and Auros' Jason Atkins explained how it works. Retail users can bring any trading idea and automate it. No need to manage assets directly.

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Blockchain software developer Consensys has acquired Web3Auth, a wallet infrastructure provider. The acquisition aims to enhance MetaMask's user experience by integrating familiar Web2 login methods like social accounts and device authentication. This will allow users to create and restore wallets without manually backing up seed phrases, reducing the risk of lost funds.

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Post-COVID travel is costly and prices keep rising, but it's not all bad. High demand and increasing costs explain the surge. Everyone is eager to explore

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BTC bounces past $109K, now at $109,008.6. 24h loss shrinks to 0.91%.

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