Chinese government is getting increasingly involved in its tech companies by installing Communist Party committees at some firms, investing state funds, more (Christopher Balding/Bloomberg)

Christopher Balding / Bloomberg: Chinese government is getting increasingly involved in its tech companies by installing Communist Party committees at some firms, investing state funds,

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After 150+ cryptocurrency hedge funds opened amid 2017’s meteoric rise in prices, this year’s ~50% drop in Bitcoin value has led at least 9 funds to close (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg: After 150+ cryptocurrency hedge funds opened amid 2017’s meteoric rise in prices, this year’s ~50% drop in Bitcoin value has led

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More VC firms are seeking to raise new funds of $1B+ due to startups staying private longer, SoftBank as possible competition, avoidance of stake dilution, more (Dan Primack/Axios)

Dan Primack / Axios: More VC firms are seeking to raise new funds of $ 1B+ due to startups staying private longer, SoftBank as possible

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Sources: SEC is scrutinizing hedge funds dedicated to cryptocurrencies and ICOs, concerned about how they are pricing assets and protecting clients’ money (Bloomberg)

Bloomberg: Sources: SEC is scrutinizing hedge funds dedicated to cryptocurrencies and ICOs, concerned about how they are pricing assets and protecting clients’ money  —  SEC

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Developers fix vulnerability in geth, an app to run Ethereum nodes, that let “any kid with a machine and a script” steal funds, according to researchers (Dan Goodin/Ars Technica)

Dan Goodin / Ars Technica: Developers fix vulnerability in geth, an app to run Ethereum nodes, that let “any kid with a machine and a

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Cryptocurrency scammers changed handles on verified Twitter accounts and kept verified badges, making it easier to trick users to send funds to scammer wallets (BuzzFeed)

BuzzFeed: Cryptocurrency scammers changed handles on verified Twitter accounts and kept verified badges, making it easier to trick users to send funds to scammer wallets 

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Sources: Saudi Arabia’s sovereign wealth fund in talks to invest up to $400M in Magic Leap at ~$6B valuation, would bring Magic Leap’s funds raised to $2.3B (Financial Times)

Financial Times: Sources: Saudi Arabia’s sovereign wealth fund in talks to invest up to $ 400M in Magic Leap at ~$ 6B valuation, would bring

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